Week in Review for December 3 – 9:
-JPMorgan (NYSE: JPM) sells $375 million in CMBS connected to New York's Palisades Mall
-NAREIT finds only a 7.1% correlation between stocks and REITs
-CRE professionals see major growth in healthcare REITs for 2011 and beyond
-HSBC (NYSE HBC) unveils Graycliff Partners subsidiary to focus on private equity, mezzanine, and real estate investments
-Citi (NYSE: C) analysts report new trends in CMBS modifications-Hersha Hospitality Trust (NYSE: HT) reportedly in talks to buy the high-end Rittenhouse hotel in Philadelphia
-Massachusetts-based CommonWealth REIT (NYSE: CWH) to buy Hartford's CityPlace I office tower for $99 million
-Lehman Brothers Holdings and Equity Residential (NYSE: EQR) in competition for control of apartment REIT Archstone
-Malaysia's Pavilion REIT raises $226 million in IPO
-Hotel REITs struggle due to tepid sales in latter part of 2011
#CRE #finance
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