Enticed by rapidly increasing rents in the sector, investors have accounted for more than one-quarter of all single-family home sales in recent months.
The company, which closed on its acquisition of the resort last month with Vici Properties, is offering equity-like award to the resort’s 7,000 employees.
Grocery-anchored shopping center REIT Cedar Realty Trust announced it will be acquired. Amazon will close 68 bricks-and-mortar stores in the U.S. and the U.K., according to Chain Store Age. These are among today’s must reads from around the commercial real estate industry.
