FEDERAL WAY, WA—Weyerhaeuser's $8.4-billion all-stock deal for rival Plum Creek will create "the world's premier timber, land and forest products company," the two companies said Sunday.

SANTA BARBARA, CA—While the top multifamily markets for rent increases maintain their rankings on a year-over-year basis, Yardi says the champs for the trailing three months have been “markets with late-stage growth.”

LAS VEGAS—To be known as MGM Growth Properties, the REIT will own 10 of MGM Resorts' casino assets, including seven in Las Vegas, while assuming about $4 billion of debt.

NEW YORK CITY—Company CEO Elliot Vermes says the new capability was devised “to reduce the time that multifamily brokers and investors need to spend on non-value-add work.”

NEW YORK CITY—Standard & Poor's and Fitch weigh in on the wisdom of Equity Residential's massive portfolio sale to Starwood Capital, and conversely the buyer's $5.365-billion bet on multifamily outside core markets.

AMSTERDAM—With a design and orientation based on the path of the sun, the property completed earlier this year is billed as the most sustainable office building on earth.

TOKYO—With assets including the Tokyo Bay Maihama Hotel, the sale of Simplex Investment Advisors by US-based Aetos Capital is reportedly Japan's largest property deal this year.

LOS ANGELES—While investment sale prices for multifamily assets are well above the 2007 peak, “what's really important is that the fundamentals have also followed the pricing,” Marcus & Millichap's Hessam Nadji said on BloombergTV last week.