An affiliate of Lone Star Funds will buy Home Properties Inc. in a $7.6 billion transaction, reports Rochester Business Journal. Darden Restaurants is spinning some of its real estate assets into a REIT, notes the Wall Street Journal. Crains Chicago Business reveals that the Blackstone Group paid $11.4 million in taxes on its $1.3 billion acquisition of the Willis Tower. These are todays must reads from around the commercial real estate industry.
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