IRVINE, CA—Justin Hutchens was provided to the locally based healthcare REIT's presidency this past November; his new employer is a UK client of HCP.

WASHINGTON, DC—Recent pricing trends suggest that the recovery is spreading across more markets, says CoStar Group.

WASHINGTON, DC—Residential spending posted the highest gains from the previous month, led by multifamily, according to Census Bureau data.

LONDON—The council's CEO, Peter Cosmetatos, says CREFC Europe has "an important role to play" in ensuring that informed private sector lenders are in a position to provide debt on build-to-rent projects.<br>

ARLINGTON, VA—PGIM Real Estate Finance's Michael McRoberts tells GlobeSt.com that new housing supply falls short of meeting demand by a few hundred thousand units per year.

NASHVILLE—Brookdale Senior Living will manage the 64 triple-net leased properties on behalf of the joint venture with affiliates of Blackstone Real Estate Partners VIII.

SINGAPORE—Global Logistics Properties began a strategic review this past December at the request of sovereign wealth fund GIC, its largest shareholder.<br>

RICHARDSON, TX—However, RealPage chief economist Greg Willett tells GlobeSt.com that multifamily owners realized that cutting rents wouldn't boost demand at a slower time of year.