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IRVINE, CA—"Our move to the Ten-X brand reflects our evolution into a marketplace for a much broader range of residential and commercial property types," says CEO Tim Morse.
SANTA BARBARA, CA—Minus the "froth of 2015," multifamily rent gains in 2016 will outpace the eight-year average, "satisfying most property owners," according to Yardi Matrix.
LONDON—However, Preqin's Andrew Moylan notes that "the number of funds reaching a final close is down from 2014, as more capital was concentrated among fewer fund managers."
NEW YORK CITY—Its acquisition of the Peter Cooper Village/Stuyvesant Town complex in partnership with Ivanhoé Cambridge was the only the highest-profile of Blackstone's commercial property buys locally.
LOS ANGELES—CBRE's Kevin Shannon moves to Newmark Grubb Knight Frank as the West Coast president of capital markets along with 14 other capital markets professionals.