NEW YORK CITY—More than half the senior housing portfolio now controlled by Newcastle came into its possession with a $1.04-billion acquisition from Holiday Retirement this past December.

NEW YORK CITY--A letter from Lakewood Capital Management blasts the net lease REIT's trustees for taking multiple steps "to protect their own interests at the expense of shareholders."

NEW YORK CITY—The private equity giant is entering its third joint venture with Beachwood, OH-based DDR, which will manage the shopping center portfolio and has the option of acquiring some of the properties.

CHICAGO—The Counselors of Real Estate's annual top 10 list of issues affecting commercial real estate reflects “growing economic and political turmoil, changing demographics and the lifestyle choices of an emerging generation,” says 2014 chair Hugh F. Kelly.

NEW YORK CITY—“Our expected REIT conversion is an opportunity to create additional long-term value for our shareholders,” says CBS Outdoor CEO Jeremy Male. Separately, Blackstone is moving to reduce its controlling stake in Hilton.

CHARLESTON, SC—The fund will target value-add apartment acquisitions across the US; a seed portfolio of 10 properties is already in the works.

CALABASAS, CA—Both Hessam Nadji at Marcus & Millichap and Ken McCarthy at Cushman & Wakefield see the US economy finally settling into a consistent pace of growth.

PALM BEACH, FL—The hospitality REIT has exited a three-year-old partnership with Cerberus in two acquisitions: swapping Cerberus for Northstar Realty in a 47-asset JV, and acquiring four properties in Silicon Valley on its own.