Essex Property Trust and BRE Properties have closed their $16.2 billion merger. Wilbur Ross explains why he sees an opportunity in distressed European real estate. Darden Restaurants has rejected a shareholder proposal to spin off its real estate assets. Neiman Marcus is set to anchor the under-development Hudson Yards project in Manhattan. And KKR is raising money for a second big infrastructure fund. These are all among today’s 10 must reads for the commercial real estate sector.