Business Insider reveals two previously unremarked and surprising investments in Bill Ackmans portfolio: Fannie Mae and Freddie Mac. Thor Equities is bidding on SL Greens 609 Fifth Avenue, Commercial Observer reports. Bloomberg notes that Macys stocks jumped after activist investor Starboard Value said the department store chains stock would be worth $125 per share if its real estate were better capitalized. These are among todays must reads from around the commercial real estate industry.
read more