VEREIT, Inc. (NYSE: VER) (“VEREIT”) , a full-service real estate operating company, and CIM Group, an integrated, full-service real assets investment manager, today announced the signing of a purchase agreement for the sale of Cole Capital (“Cole”), VEREIT’s investment management business, to an affiliate of CIM Group (together with CIM Group, “CIM”).

Research from iCapital Network has identified the principal business strategies shared by the top 5 percent of advisors—those consistently earning $1 million or more in annual income.

The supply-demand outlook in commercial real estate markets took a slight dip nationwide for the first time since early 2016 and financing for some CRE property types is getting more difficult to arrange.

Approximately 277 million sq. ft. of industrial space is currently under construction.

With both Congress and the main US regulatory agencies addressing the confusion surrounding HVCRE, hopefully there will be some relief for banks and their CRE borrowers.

Deductions for carried interest and mortgage interest are just two areas where the House and Senate packages part company with one another.

Current legislation that would broaden the definition of being an accredited investor is currently gaining steam in Congress.

Supply and demand are still heavily weighted in the landlord’s favor and there’s very little speculative construction in the pipeline, so the decreasing medical-office rents the San Diego market saw in Q3 are likely just a temporary stall, Travis Ives, senior director of the healthcare practice group at Cushman & Wakefield, tells GlobeSt.com.

The apartment market led the way among commercial property markets in the third quarter, as robust demand pushed down the national vacancy rate and supported rent growth.

On November 9, 2017, Steadfast Apartment REIT III, Inc. (the “Company”) announced it had appointed Kevin J. Keating as Chief Financial Officer of the Company.

On November 9, 2017, New York REIT, Inc. (“NYRT”) announced a cash liquidating distribution of $2.07 per share to be paid on November 28, 2017 to shareholders of record as of November 20, 2017.

On November 8, 2017, KBS Strategic Opportunity REIT, Inc. (“KBS”), through 11 wholly owned subsidiaries, sold 11 of its properties to various subsidiaries of Keppel-KBS US REIT, a newly formed Singapore real estate investment trust that was listed on the Singapore Stock Exchange.

KBS Real Estate Investment Trust III (“KBS REIT III”), a non-traded real estate investment trust announced November 7 that it has closed on the largest financing facility in KBS’ history.

The Federal Reserve declined to raise interest rates at its policy meeting this week and said the late-summer hurricanes likely will not have much longer-term impact on overall economic activity.

On November 8, 2017, Brian Block, former CFO of American Realty Capital Partners, received a sentence of 18 months in federal prison for overstating the company’s financial results.

Pathway Energy Infrastructure Fund, Inc. announced on November 7, 2017 that it has converted to a continuously offered, closed-end interval fun structure and expanded its investment focus.