NREI WIRE

The spending bill deal potentially means more interest rate increases, reports the Wall Street Journal. Kimco Realty will benefit from the Albertsons/Rite Aid deal, according to Forbes. These are among today’s must reads from around the commercial...

The 10,000-sq.-ft. share workspace will open in downtown St. Paul later this year.

Outstanding Hospitality Management, a St. Louis-based operator of airport restaurant spaces, filed a lawsuit on Monday against the company owned by the family of Jared Kushner.

The justices provided no comment on why they rejected appeals filed by Perry Capital LLC, Fairholme Funds and other Fannie and Freddie shareholders.

Of the $54 billion PIF invested last year, $45 billion was in information technology, $4.8 billion in real estate, $2.4 billion in consumer staples and $1 billion into industrials.

Rite Aid will get a buyer after a failed merger with another chain last year. Albertsons will add new locations and size amid increasing pressure from online competitors.

Amazon Fashion is tied with Target as the second-most-shopped apparel retailer in the U.S., behind Walmart Inc., as measured by number of shoppers.

The Toronto-based firm sold about $12 billion in mature assets in 2017 and said it will continue to do so this year.

Blackstone Group LP named Ken Caplan and Kathleen McCarthy to lead the private equity giant’s real estate business as Jon Gray takes on the role of president and chief operating officer.

The mortgage-finance company, which reported fourth-quarter and full-year financial results on Wednesday, said it will need to draw $3.7 billion from the U.S. Treasury in March.