Inland American Real Estate Trust Inc. wants to spin off its lodging subsidiary into a publicly traded REIT, reports Bloomberg Businessweek. Atlantic Citys Revel casino will close its doors on Sept. 10, having found no bidders, according to Business Insider. Spinning off its real estate into a REIT could unlock significant value for AT&T, argues SeekingAlpha. These are among todays must reads for the commercial real estate industry.
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