CRE Wire

Chris Brown, co-portfolio manager of U.S. total return bond strategy, said he prefers leveraged loans for the “upside optionality from the floating rate coupon.”

KKR and Global Infrastructure Partners are buying data center REIT CyrusOne in a $15 billion deal, reports The Wall Street Journal. Forbes looks at how urban commercial real estate is coming back. These are among today’s must reads from around the...

Investors bought more than 90,000 homes in the three months through September, an 80 percent increase year-over-year, reports Redfin.

American Tower has reached an agreement to buy CoreSite Reality in a $10 billion merger deal. Los Angeles is moving towards exempting malls and shopping centers from COVID-19 vaccine verification requirements. These are among today’s must reads...

CGI Merchant Group is in contract to acquire the hotel lease for the Trump International Hotel.

Department store Dillard’s Inc. is benefiting from lean inventory that is taking away the need for discounting.

Single-family homes are being snapped off the market within a week’s time, reports The Wall Street Journal. The Economist looks at the role of science and technology in driving demand for commercial space. These are among today’s must reads from...

The backlog at California’s ports has hit a new level, reports Insider. A new poll shows a chunk of U.S. workers remain reluctant to fully return to offices. These are among today’s must reads from around the commercial real estate industry.

New York-based investment firm Pretium Partners LLC, the country’s second largest SFR landlord, will purchase the homes.

Minnesota developer D. Jon Monson said that he had a $52 million construction loan in place when he sold $23 million in municipal bonds.