The Fed could raise interest rates four times this year, reports the New York Post. HNA is looking to sell Hilton Grand Vacations, according to the Wall Street Journal. These are the must reads from around the commercial real estate industry today.
The deal expands Blackstone REIT’s portfolio to $7 billion in gross assets, including 33 million square feet of industrial space and 17,200 multifamily apartments.
Consumer discretionary companies are the biggest bet of funds that repackage leveraged loans.