SL Green Realty Corp. and JPMorgan Chase are exploring a joint venture deal to finance one of New York City's most expensive residential development sites ever, reports Crain's New York Business. Commercial Observer reveals that Savills Studley will acquire management consulting firm KLG Advisors. And Simon Property Group Inc. raised its unsolicited takeover bid for rival mall owner Macerich Co. to about $16.8 billion, according to Bloomberg. These are among today's must reads from around the commercial real estate industry.
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