NEW YORK CITY—Corvex Management's Keith Meister and Twin Securities' David Simon both have gone on record with demands for at least one shareholder representative on the board of the net lease REIT.

SANTA MONICA—Although analysts don't see rival bids coming in for the Macerich Co., which is reviewing Simon's $22.4-billion bid, smaller mall REITs may start to look at pairing up.

WYOMISSING, PA—The $36-per-share offer for Pinnacle's real estate assets would simplify an OpCo/PropCo separation and create greater value for shareholders, GLPI CEO Peter Carlino wrote in a letter made public Monday.

CALABASAS, CA—Non-traded REITs could pump $30 billion into the seniors housing sector in 2015, says Marcus & Millichap; read more to find out what's drawing them.

PHOENIX—Now chairman and CEO of O'Connor Capital Partners, Rufrano is reportedly the lead candidate to succeed David S. Kay, who resigned along with other senior ARCP management in December.

BETHESDA, MD—“Owners can generate sales proceeds in this market that translate into strong returns,” Capital One Multifamily Finance's Grace Huebscher tells GlobeSt.com.

BOULDER, CO—Green building certification has become so mainstream that it's becoming “the de factio standard in many cities,” says Noah Goldstein of Navigant Research.

NEW YORK CITY—Amid a proliferation of new economic and social influences, “industry players have moved carefully along the risk spectrum,” says EY's Mark Grinis.