CHICAGO—The global real estate services firm's president since June, Christian Ulbrich will succeed Colin Dyer as CEO of JLL at the end of next month.

RALEIGH, NC—"As an independent contractor, third-party broker, whether you're doing office, industrial or retail, that's an inevitable challenge that we all have to accept," Bryan Everett, SIOR, first VP at CBRE, tells GlobeSt.com.

WASHINGTON, DC—The year-over-year decline in for-sale apartments, including condominiums and co-ops, was especially steep, according to the National Association of Realtors.

WASHINGTON, DC—"This rise in new home sales is consistent with our builders' reports that market conditions have been improving," says Ed Brady, chairman of the National Association of Home Builders.

PHILADELPHIA—"The reality is that we're not delivering nearly the number of apartments that are needed by the population," Resource Real Estate's Kevin Finkel tells GlobeSt.com.

WASHINGTON, DC—Four of the nation's leading law firms have jointly published a white paper addressing questions raised by the final rule on risk retention as it pertains to commercial mortgage securitizations.

SAN ANTONIO—The $4.4-billion deal represents a premium of about 42% to CST's closing stock price on March 3, the day before the company's board commenced an exploration of strategic alternatives.

DALLAS—Whether the lodging sector is seeing upward or downward movement "depends on where you are sitting on the hotel cycle rollercoaster," Prism Hotels' Steve Van tells GlobeSt.com EXCLUSIVELY.