10 Stories You Need to Read Today
Here are the top 10 stories you need to read to power you through this Thursday.
1. Thinking of developing an office? You may want to avoid these cities. (Sorry, Phoenix.) [Bisnow]
2. Multifamily keeps winning. CBRE research says multifamily investments just hit a record-high. [WPJ]
3. The Dollar General has the potential to open 13,000 new stores—and has its eyes set on urban areas. [SN]
4. You know you want to know: here's the complete history of the sexy six largest CRE firms. [NREI]
5. Manhattan's Trinity Wall Street Episcopal Church has an unlikely new partner for some of its office buildings. [Bloomberg]
6. 666 5th Ave may undergo a makeover to slim down. [Crain's]
7. Paramount Group has just acquired its entire Midtown office—talk about a trophy asset. [CPE]
8. There's some uncertainty surrounding those rumors about a pending interest rate hike. [Bisnow]
9. It's official. Zillow has completed the integration of Trulia. Homebuyers rejoice? [GS]
10. Is a global recession in the works? Unfortunately, Citigroup says yes. [Bisnow]