PHOENIX—When it comes to granting multifamily loans, the GSEs make their property condition report expectations very clear, EBI Consulting's Daniel Spinogatti tells GlobeSt.com.

AGOURA HILLS, CA and SCOTTSDALE, AZ—The combination of American Homes 4 Rent and American Residential Properties Inc. will achieve greater density in AMH's key markets, the company said in an investor presentation Thursday.

NEW YORK CITY—Spreads over the 10-year Treasury are the widest on deals with loan-to-value ratios between 76% and 85%, according to Integra Realty Resources' first-ever quarterly survey of commercial real estate lenders and underwriters.

SIDNEY, NE—With the outdoor specialty retailer controlling about $1 billion in owned real estate, a potential sale would continue a run of M&A activity in the retail sector.

IRVINE, CA—The 70/30 joint venture between Griffin-American Healthcare REIT III Inc. and NorthStar Healthcare Income "highlights the value of the strategic partnership" between the two platforms, says Griffin-American CEO Jeff Hanson.

NEW YORK CITY—Investor activism coupled with a broader concern in the public markets over "continued languishing stock performance" could mean that the Colony American Homes-Starwood Waypoint union is the first of many, say KBW analysts.

CALABASAS, CA—Expanding the Institutional Property Advisors platform into new sectors gives private investors access to institutional assets, and institutions access to private capital, Marcus & Millichap's Alan Pontius tells GlobeSt.com.

STAMFORD, CT—Among other concerns, the Land and Buildings CIO flagged "insufficient scale to operate efficiently" in his letter to the single-family REIT's CEO, Stephen Schmitz.