LOS ANGELES—According to a new study from CBRE, millennials and baby boomers are driving cap rates down, and Los Angeles and San Francisco are leading the pack.

IRVINE, CA—Institutional investors with lots of dry powder are seeking a deeper pool of equity investors and are being creative in broadening their scope to find them, Ten-X's Camille Renshaw tells GlobeSt.com in this <b>EXCLUSIVE</b> interview.

BETHESDA, MD—Shares of Starwood Hotels & Resorts Worldwide are expected to be delisted before the markets open on Friday as the cash-and-stock acquisition by Marriott closes.

SAN DIEGO—Angelo, Gordon &amp; Co. plans to re-position the two-building office property for “light creative” use.