Real Estate Investment Trusts

CalPERS investment committee would like to increase the fund’s target for opportunistic strategies, reports Pensions & Investments. Greater Greater Washington looks at how commercial real estate can address the underrepresentation of black professionals in the industry. These are among today’s must reads from around the commercial real estate industry.

The major beauty chains used to drive customers into stores with promises of free product testing and salon services. How will they adapt to a new world?

The property didn’t make a $7 million debt payment for June.

The level of distress in this segment of commercial real estate lending has remained low so far, but new issuance has screeched to a halt.

Eighty-nine percent of apartment households made a full or partial rent payment by June 13, according to The National Multifamily Housing Council (NHMC) Rent Payment Tracker. Simon and Taubman might go into a legal fight over their abandoned merger, reports Indy Star. These are among today’s must reads from around the commercial real estate industry.

The company will bring volunteers back to its 383 Madison Ave. office starting on June 22.

The Federal Reserve opened its Main Street Lending program for bank registration, reports Business Insider. 24 Hour Fitness is the latest retail tenant to file for bankruptcy, according to the Associated Press. These are among today’s must reads from around the commercial real estate industry.

Representatives Jim Jordan and Guy Reschenthaler want the Government Accountability Office to evaluate efforts to detect fraud in the EB-5 program.

Simon Property Group and Brookfield Property Partners are looking at buying another struggling retailer.

David Bodamer is joined by Chris Caton, the senior vice president of global strategy and analytics at Prologis, to discuss the state of logistics real estate.