The illiquid nature of private real estate investments is one of the biggest challenges for both sponsors and investors. One firm that's hoping to change that is Realto Inc., which has built a web-based marketplace aimed at providing a method for secondary trading of illiquid real estate and alternative securities.
U.S. and Canadian pension funds are cutting back on their office investments, reports The Wall Street Journal. Companies including Apple, Honda and Mazda are looking at relocating their manufacturing facilities away from China, according to Fortune. These are among today’s must reads from around the commercial real estate industry.