Lennar Corp. plans to develop multifamily properties in 25 U.S. markets through a newly formed joint venture, reports Bloomberg. Hotel operator Standard International made its first acquisition with a 51 percent stake in a Texas-based property company, notes the Wall Street Journal. The Building Energy Exchange has provided figures on how long it would take New Yorks multifamily landlords to recoup investments in energy efficiency projects, reveals Crains New York Business. These are among todays must reads from around the commercial real estate industry.
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