National
StepStone Closes Fund III, Plans $1B+ in Investments
The company will target office, industrial, senior housing, student housing, hotels and multifamily projects in the U.S. and Europe.
Ashford Unveils Proposal to Buy FelCor
The combined company would be the second-largest pure-play lodging REIT by guestroom count and no. 3 by enterprise value.
Economy Watch: Fed Hints at Another Imminent Rate Hike
In the latest FOMC meeting minutes, the Fed suggests it might be appropriate to raise interest rates “fairly soon.”
Mapletree Acquires Oakwood Worldwide, Appoints New CEO
The buyer is currently developing three serviced apartment properties in Japan and Vietnam, as well as one other asset in the U.S.
Economy Watch: Robust Demand for U.S. Data Centers
More data center capacity is scheduled for delivery in 2016 than in each of the past several years, according to a recent CBRE report.
Blackstone Nabs $1.7B US Portfolio from Swedish Pension Fund
JLL has arranged the transaction, which is part of the $2.1 billion disposition of Stockholm-based Alecta’s 4.5 million-square-foot international commercial portfolio.
Economy Watch Weekly: Retail Sales Make Strong Debut in 2017
Following a strong performance to end 2016, retail sales also had a strong start in January. Economy Editor Dees Stribling breaks down the numbers by retail category, for the week ending Feb. 17, 2017.
Economy Watch: Inflation, Leading Indicators Tick Up in January
A January increase in the consumer price index and leading economic indicators signal a still-positive outlook for the U.S. economy.
Delos, Glumac Create Building Wellness Bond
The partnership centers on the WELL Building Standard, the first performance-based system for the measuring and certification of the built environment’s impact on human health.
Economy Watch: Online Retail Sales, Consumer Debt On the Rise
Consumers continue to spend, even as they take on more household debt, reflecting their continued optimism about the state of the U.S. economy.
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