Morgan Stanley has put together its first higher risk global real estate fund since the recession, valued at $1.7 billion, reveals the Wall Street Journal. Reuters predicts that real estate crowdfunding in the U.S. may be reaching a tipping point in its ability to raise capital. Mack-Cali wants to sell its one remaining office property in New York City, reports Crains New York Business. These are among todays must reads from around the commercial real estate industry.
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