The total transaction value of REIT M&As was $81.75 billion from January to Oct. 4 of this year, compared to $33.37 billion during the same period last year, according to S&P Global Market Intelligence.
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Developers are excited about new Opportunity Zone regulations, according to the Wall Street Journal. A giant Ferris Wheel is nixed for Staten Island mixed-use development, reports The New York Times. These are among today’s must reads from around the commercial real estate industry.