NEW YORK CITY—The two tenants combined will occupy more than 1.2 million square feet at 1211 Ave. of the Americas.

LAS VEGAS—The reorganization plan will move virtually all of Caesars Entertainment Operating Corp.'s US properties into a newly created REIT.

NEW YORK CITY—Driven by CMBS 1.0 loans that are expected to have difficulty in refinancing, the delinquency rate could reach 5.75% by year's end, says Fitch Ratings.

SANTA BARBARA, CA—Amid a generally positive outlook for apartments in 2017, Yardi Matrix does see issues with oversupply and a slowdown in rent increases in some metro areas.

NEW YORK CITY—It's not only the rise of e-commerce that's pushing private equity and REITs to increase their allocations to industrial, Altus Group's Chuck DiRocco tells GlobeSt.com.

NASHVILLE—The seniors housing operator is said to have an enterprise value of about $8 billion, with its real estate alone worth as much as $7 billion.

NEW YORK CITY—The select-service lodging REIT will become self-managed and change its name to Hospitality Investors Trust after the transaction closes.

CHICAGO—Noting that REITs now account for 27 slots within the S&P 500, Ferguson Partners recommends "5 Pillars" of a proactive approach to CEO transition.