A pack of non-traded REITs that have recently hired financial advisors to leave their non-traded status behind and test the market for potential buyers, merger partners, or pursuing a public stock exchange listing. Hilco Real Estate has sold its private real estate mortgage lending company, Hilco Real Estate Finance, to the Garrison Investment Group for an undisclosed amount. Ohio Public Employees Retirement System has allocated $75m to FCA Partners to invest in retail property. These are among the 10 must reads from around the CRE sector today.
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