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10 Must Reads for the CRE Industry Today (August 17, 2018)

2018-08-17 18:28:20| National Real Estate Investor

Pimcos analysts warn that rising inflation and interest rates should serve as potential warning signs for investors, according to MarketWatch. J.C. Penneys stock price fell to its lowest level since the Great Depression, reports Reuters. These are among todays must reads from around the commercial real estate industry.

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Category:Real Estate

CPPIBs Managing Director Hillary Spann Discusses the Plan to Buy $1 Billion in U.S. Industrial Assets

2018-08-17 09:27:32| National Real Estate Investor

In a Q&A with NREI, CPPIB's managing director for Americas real estate investments, discusses the pension plan's newly formed joint venture.

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Category:Real Estate

HNA Is Said in Talks to Sell New York's 850 Third Ave. to B&L

2018-08-16 21:28:06| National Real Estate Investor

The transaction with B&L Management Co. values the 21-story building at $452 million and would cause HNA to realize a loss.

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Category:Real Estate

10 Must Reads for the CRE Industry Today (August 16, 2018)

2018-08-16 19:26:52| National Real Estate Investor

The U.S. government has found instances of fraud involving securitized apartment building mortgages, reports the Wall Street Journal. The White House plans to expand rules on using American-made products to government works, including infrastructure projects, according to CNBC. These are among todays must reads from around the commercial real estate industry.

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Category:Real Estate

PNC Faces Subpoena Over Low-Income Housing Tax Credits

2018-08-16 19:26:52| National Real Estate Investor

The action against the Pittsburgh-based lender by the U.S. Attorneys Office in Miami is part of an inquiry into Wells Fargo & Co. over its purchase of the credits.

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Category:Real Estate

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