Commercial Real Estate Week in Review: October 29th through November 4
-Stock Market volatility continues, with Greece making everybody very, very nervous.
- Fed offers gloomy forecast, predicting limited economic and job growth for years.
- Texas-based REIT FelCor (NYSE: FCH) sells off major assets, refinances others.
- Marty Cohen of Cohen and Steers recommends retail and apartment REITS over other commercial investments.
- Kenya's Capital Markets Authority nears completion of regulations allowing for REIT involvement.
- Washington Real Estate Investment Trust completes $350 million industrial portfolio sale to AREA Property Partners and Adler Group.
-Moody's says the Super Committee won't be the only factor in the agency's rating of the U.S.
-Vertex Pharmaceuticals (NASDAQ: VRTX)'s planned move is excellent news for Boston's waterfront.
-Interstate Hotels and Resorts acquires division of Nobel Investment Group.
-Industry council in Japan plans new standards to revive its CMBS market.
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