In San Francisco, housing developers and advocates are joining forces to raise $1 million in support of Proposition A, a $310 million housing bond on the Nov. 3 ballot, reports San Francisco Business Times. Glenn Rufrano, the new CEO of VEREITformerly the scandal-plagues American Realty Capital Propertieshas his hands full trying to turn the REIT around, The New Deal Reveals. Singapore-based United Overseas Bank is quietly becoming a leader of overseas investors, placing some of the biggest bets on New York property, notes Crains New York Business. These are among todays must reads from around the commercial real estate industry.
read more