The British construction and services company Balfour Beatty has agreed to sell its Parsons Brinckerhoff consulting business to WSP Global for $1.35 billion. Ukraine's ongoing war with pro-Russian separatists and their Moscow benefactors is pushing money out of the region and into the United States. The Department of Housing and Urban Development is putting 15,000 nonperforming residential loans with an unpaid principal balance of $2.3 billion out to bid. These are among todays 10 must reads from around the commercial real estate industry.
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