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April 23, 2012
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  • Businesses gain optimism about U.S. economy, survey finds
    Businesses are becoming more optimistic about the economy and are getting ready to add workers, according to a survey by the National Association for Business Economics. About 40% of companies, the biggest number since July, said they anticipate that employment will pick up during the next six months. Bloomberg (4/23) LinkedInFacebookTwitterEmail this Story
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  • Hanks: Strong stock market will keep REIT activity steady
    Deal activity in the REIT space will continue at a steady clip or possibly increase, predicts Jim Hanks, partner with Venable. "With the stock market doing as well as it's doing, I think there's good reason to believe there will be opportunities for REITs in the M&A market," he said. REIT.com (4/19) LinkedInFacebookTwitterEmail this Story
  Real Estate Marketplace 
  • Select-service hotel owners invest in high-end touches
    Owners of select-service hotels, including REITs such as Bethesda, Md.-based RLJ Lodging Trust, are investing more in these typically no-frills hotels. The improvements, which often include new flat-screen televisions, lead to greater guest satisfaction and eventually better returns, executives say. The Washington Post (4/22) LinkedInFacebookTwitterEmail this Story
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  Policy Watch 
  • Fed taps expert panel to assess stress tests
    The Federal Reserve has named six economists from the academic world to help assess the model used for financial institution stress tests. This Model Validation Council is meant to help "improve the quality of the Federal Reserve's model assessment program and to strengthen the confidence in the integrity and independence of the program," the central bank says. Bloomberg Businessweek (4/20), Fox Business/Dow Jones Newswires (4/20) LinkedInFacebookTwitterEmail this Story
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