SANTA MONICA, CA—The shopping center owner expects to realize $2.3 billion in cash proceeds from the joint ventures, which will close in phases starting later this month.

PHOENIX—At its annual convention this week, the 69-year-old hotelier announced that it had updated its name from Best Western International to Best Western Hotels & Resorts.

CARROLLTON, TX—Net demand for apartments nationally is boosted by “the limited number of households” leaving the rental market to make first-time home buys, says Greg Willett at MPF Research.

NEW YORK CITY—While e-commerce is the obvious explanation for the sector's good health, Trepp makes it clear that there's more than one driver behind industrial's increasing demand.

IRVINE, CA—When the two companies' CEOs met to discuss a possible merger, “we felt that the homebuilding industry was starting to move in a very positive fashion,” Larry Nicholson, CEO of what's now CalAtlantic Group, tells GlobeSt.com.

WASHINGTON, DC—Broadly speaking, the latest Urban Land Institute consensus of economists and analysts projects three more years of real estate growth, yet slower growth in several indicators than participants predicted six months ago.

SANTA BARBARA, CA—Although strong growth in the multifamily sector is unsurprising, “what is improbable about this year is the consistency of the increases,” according to Yardi.

NEW YORK CITY—When GlobeSt.com was launched in 2000, few could have imagined that the nation's premier technology market would have more than a single competitor, let alone several of them.