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Office Market Growth Slows
Wall Street Journal, July 4, 2017--Peter Grant (subscription)The pace of office-space leasing slowed in the second quarter, mostly because of sluggish activity in the country's top five markets, according to new figures from data firm Reis Inc.
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Monogram Residential to Be Acquired by Greystar Star-Led Group
Wall Street Journal, July 4, 2017--Dana Mattioli (subscription)Monogram Residential Trust Inc. said Tuesday it agreed to be acquired by Greystar Growth and Income Fund LP, an investment group led by Greystar Real Estate Partners LLC, in a deal valued at $2 billion.
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More Securitized Commercial Real Estate Debt Becomes Delinquent in June
Dow Jones Newswire, July 4, 2017--Esther FungThe delinquency rate for securitized commercial real-estate loans jumped 28 basis points to 5.75% in June from May, the biggest month-over-month increase since March 2012 and up sharply from the 4.6% recorded in June last year, according to real estate provider Trepp Inc.
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Why You’d Want to Build a Skyscraper Like an iPhone
Wall Street Journal, July 2, 2017--Christopher Mims (subscription)With tech-enabled modular design and building, the construction industry, like consumer electronics, can benefit from economies of scale.
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Commercial Real Estate Demand Softens, Investors Fret Trump Tax Cuts Won’t Pass
NPR, July 5, 2017--Jim Zarroli Revenue from President Trump's office buildings is falling. The problem: commercial real estate prices are declining. In New York, buildings are rising and older properties have to compete harder.
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