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Four U.S. states file suit against tax reform

by Andrea Zander | Jul 19, 2018

Connecticut, Maryland, New Jersey and New York have filed a lawsuit against the federal government over what it terms as the unconstitutional federal tax-reform law enacted earlier this year.

Phillips Edison & Co. to create $6.3b REIT

by Andrea Zander | Jul 18, 2018

Phillips Edison & Co. (PECO) has entered into a definitive merger agreement with Phillips Edison Grocery Center REIT II (REIT II), a public non-traded REIT currently advised and managed by PECO.

Young Americans buying fewer houses

by Andrea Zander | Jul 16, 2018

Homeownership rates among young adults today are even lower than in 1988, because of pressures created by elevated housing construction costs, weak income growth among low- and moderate-income households, and expensive land prices.

HighTower names new head of M&A

by Released | Jul 16, 2018

HighTower has named Marc Cabezas as the new head of its expanded mergers and acquisitions team.

New York REIT CEO resigns, sells final asset

by Andrea Zander | Jul 13, 2018

Wendy Silverstein, CEO of New York REIT, has plans to step down as CEO, president, member of the board of directors and as an officer or manager of all NYRT's subsidiaries and affiliated entities.

Cuomo kick-starts N.Y. offshore wind with 800 MW procurement

by Andrea Zander | Jul 13, 2018

N.Y. Governor Andrew Cuomo has announced that the New York State Public Service Commission has set a course for the state’s first procurements of offshore wind to support New York’s goal of 2.4 gigawatts of new offshore wind generation by 2030, enough to power 1.2 million New York households.
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