TORONTO—The Ontario Pension Board is also taking a 30% interest in Cadillac Fairview's development site for an 850,000-square-foot office tower elsewhere in the city.

WASHINGTON, DC—The results of NAREIT's latest T-Tracker series show that equity REITs performed strongly in Q2 while outperforming other S&P 500 sectors, says the association's Calvin Schnure.

HOFFMAN ESTATES, IL—However, the move from net loss to net income for Q2 stemmed mainly from the parent company's sale of stores and joint venture interests to its spin-off REIT.

NEW YORK CITY—The 21-state Holiday portfolio brings the REIT's NOI from private-pay seniors housing to 92%; the financing is its second arranged by Walker & Dunlop.

SAN FRANCISCO—The logistics real estate concentration of relatively mature clusters, such as SoCal's Inland Empire, can serve as “a development guidepost for an emerging cluster” elsewhere in the world, says Prologis Research.

LOS ANGELES—With the trend toward luxury development moving across the US, CBRE's Peter Donovan sees opportunities for savvy multifamily investors “to time the cycle and achieve above-market performance.”

TORONTO and KUALA LUMPUR—The Canada Pension Plan Investment Board is taking a 49% stake in the Pavilion Group's mixed-use project in one of the Malaysian capital's most affluent locations.

DALLAS—While off-campus apartments used to be pretty basic, today student housing often has superior amenities—all to compete with “the other guy who has 15 acres right down the street,” Fountain Residential's Brent Little tells GlobeSt.com.