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U.S. banks have continued to pull back on multifamily lending. The amount of such loans on their books has decreased for each of the last three weeks, according to the latest weekly bank asset numbers from the Federal Reserve, an indication that banks are originating fewer multifamily loans than the number of loans being paid off. On July 20, 2016...
An affiliate of Qatar Investment Authority (QIA) has paid $622 million for a 9.9% interest in Empire State Realty Trust, Inc. (NYSE: ESRT), owner of the 102-story Empire State Building. The minority...
Rubenstein Partners LP and Indianapolis-based Strategic Capital Partners (SCP) LLC acquired the eight-building Parkwood Crossing office park in Indianapolis, IN from Duke Realty Corporation for $162.9...
Jones Lang LaSalle's (JLL) Colin Dyer announced he will retire and step down next month after 12 years as the firm's chief executive officer. He will be succeeded by Christian Ulbrich, whom JLL had signalled...
In its latest move to increase shareholder value, Forest City Realty Trust, Inc. (NYSE: FCE.A) will review strategic alternatives that could include the sale of its interest in up to 14 regional malls...
It's time to update those contact managers with CoStar's People of Note , reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City...


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