Sears Holdings Corp. said that its plan to sell and lease back some stores may raise more than $2 billion, reports Bloomberg. Forest City Enterprises aims to sell or shed a handful of propertiesincluding most of its Cleveland buildingsto prepare to become a REIT, according to Cleveland.com. Private equity firms like Blackstone are taking a more sedate approach with big clients, signifying that the industry is moving away from its former free-wheeling spirit, notes the New York Times. These are among today's must reads from around the commercial real estate industry.
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