Pension fund CalPERS is on the hunt for new money managers and held an event at a Sacramento hotel searching for them. CBL & Associates is planning to sell about one-fourth of its current portfolio. Multifamily rents are rising beyond the point of affordability in many U.S. cities. Pittsburgh is tabbed as a good market for long-term investment in real estate according to London property firm Grosvenor Group. And a group of Walgreen Co. shareholders are urging the drugstore giant to relocate its corporate headquarters to Europe. These are all among todays 10 must reads for the commercial real estate industry.
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