Tracking the trend of increasing alternatives allocation is worth a longer look, as it is indicative of a shift by HNW investors and will result in increased capital flows into real estate.
The New York-based hedge fund owns almost 5 percent of the REIT and is expected to agitate for change at the company, which could include a potential sale.
While Republicans are eliminating many write-offs, the House version of the bill allows golf-course owners to claim deductions for promising never to build on their links.
CNBC looks at what’s inside the Senate tax reform proposal. CBL & Associates’ rating has been cut to junk status, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
Key Accounts Manager/New England and Canada Matt Butcher
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