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Icahn to Sell Tropicana for $1.85 Billion to Eldorado, REIT

2018-04-16 17:25:10| National Real Estate Investor

Gaming and Leisure will pay $1.21 billion for most of Tropicanas casinos and will lease the properties to Eldorado.

Tags: sell billion eldorado reit

Category:Real Estate

Calpers Is Said to Seek Asset Manager for Infrastructure Push

2018-04-16 17:25:10| National Real Estate Investor

Pension funds are stepping up the use of discrete accounts to lower costs and dictate terms that tend to include longer investment horizons than those in many off-the-shelf funds.

Tags: manager seek push infrastructure

Category:Real Estate

Glenn Rufrano Talks About Why VEREIT Is Cutting Back on Office and Buying Up Retail Assets

2018-04-16 09:23:21| National Real Estate Investor

In a Q&A with NREI, Rufrano explained VEREITs acquisition and disposition strategy, including its reduction of office and restaurant assets and its addition of retail and industrial assets.

Tags: back up office retail

Category:Real Estate

Hotel Buyers Hunt for Yield

2018-04-16 09:23:21| National Real Estate Investor

Occupancies are unlikely to rise much higher than their current high level. And property prices are already so high they are unlikely to increase much more relative to incomes.

Tags: hotel yield buyers hunt

Category:Real Estate

10 Must Reads for the CRE Industry Today (April 13, 2018)

2018-04-13 18:25:52| National Real Estate Investor

Subprime mortgages are coming back as non-prime mortgages, CNBC reports. Sears is closing its last store in its hometown of Chicago, according to the Chicago Tribune. These are among todays must reads from around the commercial real estate industry.

Tags: today april industry reads

Category:Real Estate

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