The Lede

Real Estate Journals, Apr. 27, 2018--Dan RafterDennis Bernard, founder and president of Southfield, Michigan-based Bernard Financial Group, said that the Detroit commercial real estate market continues to gain momentum.

Financial News, Apr. 30, 2018--Justin Baer Bond Manager Pacific Investment Management Co. is raising money for a new multibillion-dollar commercial real estate debt fund, its latest foray into more lucrative but less liquid markets.

Wall Street Journal, Apr. 26, 2018--Laura Kusisto (subscription)Rising wages, loosening credit standards and demographic shifts are all creating momentum for owning rather than renting.

National Real Estate Investor, Apr. 26, 2018--Donna MitchellFrom a real estate perspective, executives are unsure of how much value hedge fund ESL Investments, or anyone else, can ultimately extract from Sears' assets.

The Mortgage Bankers Association on Monday shared its concerns with HUD regarding the departent's Capital Needs Assessment e-tool implementation.

First quarter commercial real estate completions were consistent with historical first quarter numbers and emerging quarterly trends, reported Reis, New York.

Several factors can give commercial real estate practitioners reason for optimism, but there are reasons for concern, said Green Street Advisors, Newport Beach, Calif.

SunTrust Banks, Atlanta, announced it sunset the Pillar Financial brand name effective April 30.