NREI WIRE

Land and Buildings issued an open letter to the hospitality REIT to consider a sale or other measures to unlock value.

The underlying mortgages are all guaranteed by Fannie Mae or Freddie Mac, San Francisco-based Wells Fargo said Thursday in a statement.

Federal Reserve Vice Chairman Stanley Fischer has resigned, reports CNBC. KBS Realty Advisors is planning an IPO in Singapore, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.

The bank will move its mid-Atlantic headquarters to a new building at 1 Light Street in 2018.

The restructuring experts are focused on the $400 million in debt that comes due next year.

The first step is reviewing all insurance policies.

MarketWatch looks into the single-family rental business. Jonathan Litt may try a proxy fight with Hudson’s Bay, according to The Street. These are among today’s must reads from around the commercial real estate industry.

The market for debt on commercial properties is booming.

Around the U.S., hoteliers are turning down-at-the-heels motels—a national icon of sorts—into stylish, remarkably upscale hotels.

Under billionaire founder Guo Guangchang, Fosun group announced about $14 billion in acquisitions since 2014.