NEW YORK CITY—In the view of respondents to a Situs RERC survey, "Commercial real estate is still a good investment but not as strong as an opportunity, given higher prices across the board," observes the firm's Kenneth Riggs.

CHARLESTON, SC—When the $800-million Greystar Equity Partners VIII closed in 2014, the multifamily operator said it would be used to assemble high-quality properties in "target markets that are poised for outperformance."

WASHINGTON, DC—However, economists see October's uptick in permits for both single-family and multifamily as another sign of improving construction activity to come.

CHICAGO—Americas retail growth is on "a positive trajectory" thanks to steady consumer spending, lower energy costs and stable employment, says Cushman & Wakefield's Gene Spiegelman.

TORONTO and NEW YORK CITY—The Canadian retailer plans to use the sale of equity in the JV's US and German portfolio to reduce its outstanding term loan B borrowings to US$500 million.

MUNICH—With this latest acquisition, Prudential Real Estate Investors now manages more than €700 million of German retail assets on behalf of its investors.

LOS ANGELES—The two-building flex portfolio marks the third transaction with Brennan Investment Group; RealtyMogul.com CEO Jilliene Helman cites Brennan's "extensive experience investing in industrial properties."

NEW YORK CITY—The drop in both the number and size of CMBS loans transferring to special servicing occurs as the delinquency rate continues its gradual decline, says Fitch Ratings.