National Real Estate Investor
10 Must Reads for the CRE Industry Today (June 2, 2014)
Ventas has reached ato acquire American Realty Capital Healthcare Trust for $2.6 billion. Meanwhile, another ARC entity, ARC Hospitality Trust, agreed to buy a portfolio of hotels from funds managed by Goldman Sachs for $1.9 billion. Brookfield is rebranding and consolidating its global industrial real estate operations under the banner of IDI Gazeley. AIG warned its workers not to buy homes in the New York area because it has plans to relocate its workforce to other locations to reduce costs. These are all among today’s 10 must reads from around the commercial real estate sector.