Ladies and gents, enjoy the link-fest below:
- Goldman Sells $750M in Junior Loans on Hawaiian Portfolio - Deal Journal
- Abu Dhabi Inv., Canada Pension Plan Inv. Board, and Athene Annuity & Life (owned by Apollo) were the buyers.
- Sony Selling U.S. Headquarters Building for $1.1B - Reuters
- Apparently, this is one of the rare times that Sony has been able to make money in the past few years. I really dig The Brooklyn Investor's arguments as to why Sony is stuck.
- BRE Properties Is Possibly In Play - WSJ Developments
- Lennar Expanding into Apartments - Bloomberg
- Lennar has been doing a lot of things right over the past few years.
- Toll Brothers Playing Follow the Leader - WSJ
- How cute. "Suburban Builder Sees Growth in City Living; 'Tired of Mowing the Lawn.'"
- Tishman Speyer in the News, And It's Not Bad This Time - WSJ
- Apparently they have learned their lesson. Less leverage equals less pain in a downturn.
- For the uneducated, The CRE Review has been chronicling the Stuy Town Saga for quite some time now.
Yes, the single-family rental rating drama is still playing out and I'll comment on that soon. In addition to CBS spinning off it's billboards into a REIT and a write-up on RLJ Lodging.
Until then, enjoy the holiday.
*Hat-tip to reader 'Carte Tranche' for the link on Sony's US headquarters*