When markets are performing poorly, clients’ portfolio values can decline, giving clients the sense that they aren’t making progress toward goals and those goals seem harder to achieve.
Choice Hotels International offered $9.8 billion in stock and debt assumption to buy out Wyndham Hotels & Resorts, reports CoStar News. Cohen & Steers looked at what the September selloff in publicly-traded REITs said about the market. These are among today’s must reads from around the commercial real estate industry.