In order to relieve its debt load, Caesars Entertainment Corp. will acquire its affiliate Caesars Acquisition Co. in a stock deal, reports Bloomberg. Jason Kalisman, CEO of Morgans Hotel Group, and investor Ron Burkle are feuding over the sale of two of the companys hotels, according to the New York Post. Forest City has re-hired the construction crew to finish Brooklyns residential modular tower, reveals The Real Deal. These are among todays must reads from around the commercial real estate industry.
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