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NASHVILLE—The seniors housing REIT is “carefully evaluating” a letter from activist shareholder Jonathan Litt calling on its board “to take affirmative action to maximize the value of Brookdale for all shareholders.”
2016 saw an unprecedented boom in multifamily green financing. Offering meaningful finance rate discounts, these green loan programs are expected to pick up steam in 2017.
LOS ANGELES—The L.A. Planning Commission votes unanimously to approve the new campus at the LGTB Center in Hollywood, which will bring housing for homeless youth and affordable housing to the market.
NEW YORK CITY—Moody's Investors Service, Morningstar Credit Ratings and Fitch Ratings all see highlights and lowlights among maturing and newly issued CMBS deals in the coming year.