GlobeSt.com, Aug. 04, 2021–Erika MorphyVICI Properties is acquiring MGM Growth Properties for $17.2 billion, including the assumption of $5.7 billion in debt. When the deal is complete, VICI will have …
Group Newslink: MBA Commercial/Multifamily NewsLink Thursday Aug. 5

American Dream, a Giant Mall Outside Manhattan, Aims to Ride Luxury Wave
Wall Street Journal, Aug. 3, 2021–Esther Fung (subscription)The sprawling shopping mall and entertainment center called American Dream is opening its luxury retail wing next month, a sign of budding momentum …

Make Your Voice Heard: MBA Mortgage Action Alliance
The Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association. For more information, click …

Bundled Commercial Real-Estate Loans Climb to Sales Record
Wall Street Journal, Aug. 3, 2021–Sebastian Pellejero (subscription)Sales of securities backed by riskier commercial real estate loans have surged to a record, highlighting investors’ demand for higher-yielding debt and expectations …

Nearly $47B of Housing Aid Issued to States Hasn’t Gone to Renters as Moratorium Expires
NewsWeek, Aug. 2, 2021–Julia MartinNearly $47 billion of already approved federal housing aid issued to states has not gone to renters as the eviction moratorium ban expired over the weekend, …

Capping 1031 Exchanges is a Recipe For Stagnation, Not Recovery
New Orleans City Business, Aug. 2, 2021–Robert BergeronAn essential tool in the rebuilding of our American economy is at serious risk as part of the $1.8 trillion American Families Plan …

Net Lease Investor Interest in Bank Branches Declines
Wealth Management Real Estate, Aug. 02, 2021–Jenn ElliotThe increasing popularity of online banking, coupled with bank consolidation and branch overbuilding in recent years, has created some uncertainty among net lease …

MSCI to Buy Real Capital Analytics for $950M to Bolster CRE Analytics
Seeking Alpha, Aug. 2, 2021–Liz KiescheMSCI, New York, agreed to acquire Real Capital Analytics, Richardson, Texas, for $950M in cash to strengthen its offerings in commercial real estate data, analytics …

Billions in Rental Aid Unspent With Evictions Poised to Resume
Washington Post, July 30, 2021–Jonathan O’Connell, Anu Narayanswamy, Rachel Siegel, Alyssa FowersThousands of Americans have been shortchanged by a yawning disconnect between two well-meaning policies lawmakers passed in response to …

Fed’s Bullard Wants Taper to Start in Fall, End by March ’22
Bloomberg, July 30, 2021–Steve MatthewsFederal Reserve policy makers should begin tapering of asset purchases in the fall and wind up the process by March in light of U.S. inflation running …