Capital Markets

But supply pressures may lower vacancy in IL as developers in the metro of Chicago have roughly 4,000 rooms under construction, according to Marcus & Millichap.

Wheeler's unsolicited offer has the backing of activist investor Snow Park Capital, which has recently increased its stake in Cedar Realty Trust.

As traditional banks adjust to the new federal HVCRE banking regulations, construction financing from life insurers, pension funds and other non-banking institutional sources is on the rise, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

“We expect that single borrower issuance will remain in line with 2017, but conduit issuance may fall as much as 30%,” says Larry Kay at Kroll Bond Rating Agency.

The standalone REIT, Industrial Logistics Properties Trust, will initially own more than 260 mostly single-tenant properties contributed by parent company Select Income REIT.

A roundup of recent deals, leases, executive moves, and other news in the Northeast from the past week.

The spin-off will enable “separating financing approaches” for what currently are two investment strategies under one roof, Spirit Realty Capital's Jackson Hsieh said in August.

The proposed tax plan in Washington would kill historic tax credits, which are vital incentives that help rebuild old neighborhoods and spur economic development.