Reading this on a mobile device? Try our optimized mobile version here:

October 23, 2012
Sign upForwardArchiveAdvertise
The daily source on REITs and real estate investment

  Top News 
  • Consumers are unfazed by "fiscal cliff" talk, data show
    American consumers are generally aware of the debate about the "fiscal cliff" awaiting the U.S. economy at year-end, but they aren't worried enough to scale back holiday spending plans, according to data from the National Retail Federation. The group predicts that sales over the holiday shopping season will jump 4.1%, its most optimistic forecast since the recession. The Washington Post/Wonkblog (10/22) LinkedInFacebookTwitterEmail this Story
Commercial Real Estate Properties and Loans for Auction
$1.2+ Billion in Multifamily, Hotel, Retail, Office, Industrial, Mixed-Use & Land. All Individually Offered. Includes Quality income producing assets
Click here to view our upcoming commercial real estate auction calendar
Click here to view our upcoming loan auction calendar.
Sell your property! No costs to brokers. Click here to learn more
  Capital Markets 
  • Investors are cheered by Fed's calm reaction to rising economy
    The U.S. unemployment rate has fallen from 8.1% to 7.8% since the Federal Open Market Committee last met, and the estimate for third-quarter growth has increased from an annual rate of 1.5% to 2%. Also improving are retail sales, housing starts and consumer confidence. This week's committee meeting will most likely entail not rocking the boat, observers say. The Washington Post (10/22) LinkedInFacebookTwitterEmail this Story
  • What to do with Fannie Mae and Freddie Mac?
    Policymakers have let Fannie Mae and Freddie Mac dominate the market while also letting them run on autopilot. What is left of Fannie and Freddie is an indefinite, U.S.-run conservatorship with $5 trillion in liabilities. "It's been in a holding pattern, and that's ultimately death to a business," said Jim Millstein, the official who oversaw the Treasury's recapitalization and sale of American International Group. The Wall Street Journal (10/21) LinkedInFacebookTwitterEmail this Story
  • Other News
  Investment News 
  • Mortgage REITs still in play
    Mortgage REITs performed well last week when other stocks dropped, John Gerard Lewis writes. Before that, pundits said they were finished, at least for this cycle. Mortgage REITs should not be expected to follow the stock market and they should be viewed through a long-term prism, Lewis writes. MarketWatch (10/22) LinkedInFacebookTwitterEmail this Story
  Real Estate Marketplace 
  • Macerich buys 2 retail centers for $1.25 billion
    Macerich acquired two large retail centers in the New York City area for $1.25 billion. It acquired Kings Plaza in Brooklyn for $751 million and Green Acres Mall in Nassau County. The sellers were subsidiaries of Vornado Realty Trust. (10/22) LinkedInFacebookTwitterEmail this Story
  NAREIT News 
Learn more about NAREIT ->   Join NAREIT |  Policy & Politics |  NAREIT Events |  Publications

  Policy Watch 
  • Regulators struggle to agree on details of Volcker rule
    The Securities and Exchange Commission is clashing with other regulators in crafting the Volcker rule, raising doubt that the rule will be finalized by year-end. The situation also raises concern that the agencies will issue conflicting standards. The dispute involves how to define market making and banks' ability to invest in hedge funds and other investment vehicles, sources said. The Wall Street Journal (10/22) LinkedInFacebookTwitterEmail this Story
  • Other News
Too often man handles life as he does the bad weather. He whiles away the time as he waits for it to stop."
--Alfred Polgar,
Austrian journalist

LinkedInFacebookTwitterEmail this Story

Subscriber Tools
Print friendly format | Web version | Search past news | Archive | Privacy policy

Account Director:  Jasmine Rogers (202) 640-4684
A powerful website for SmartBrief readers including:
 Recent Real Estate Investment SmartBrief Issues:   Lead Editor:  Liz DeHoff
Sales Account Director:  Jasmine Rogers
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
© 1999-2012 SmartBrief, Inc.® Legal Information