Globest Sectors

After learning about the club's capital campaign to replace a 100-year-old building that was functionally obsolete, local commercial real estate and construction firms joined forces to make the project possible.

Sandeep Mathrani, the mall REIT's CEO, said on an earnings call Wednesday that “the offer is in the hands of the special committee and Brookfield.”

The American stock exchange signed a 145,000 square-foot lease with the Durst organization to move in spring of 2019.

Drastically shifting markets come with added risks, even when the mood is bullish; however, affordable housing has no such problems as an asset class, CPP's Anand Kannan tells GlobeSt.com.

The agencies dominate in the for affordable housing market, but other capital sources are slow to follow.

The REIT continues to acquire hotels in core markets.

“Commercial property values have, for the most part, been steady, but performance depends on the type of property,” says Green Street Advisors' Peter Rothemund.

1031 exchanges were not affected by tax reform, but many investors also want riskier investments in 2018.