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Eight Must Reads for the CRE Industry Today (July 19, 2021) Kite Realty Group and Retail Properties of America announced a merger with a total enterprise value of $7.5 billion. New analysis shows President Trump’s businesses took in $2.4 billion in revenue during his presidency. These are among today’s must reads from around the commercial real estate industry. Kite Realty Group Trust and Retail Properties of America, Inc. Announce $7.5 Billion Strategic Merger “RPAI would merge into a subsidiary of KRG, with KRG continuing as the surviving public company. The strategic transaction joins together two high-quality portfolios with complementary geographic footprints creating a top five shopping center REIT by enterprise value. The combined company is expected to have an equity market capitalization of approximately $4.6 billion and a total enterprise value of approximately $7.5 billion upon the closing of the transaction.” (Via press release)

United statesNew jerseyKite realty groupRetail properties of america incKite realty group trustRetail propertiesStrategic mergerDelta variantThat didnt workWall street journalAvailable space hits record highCommercial observerAmerican dreamNever ending work check inஒன்றுபட்டது மாநிலங்களில்புதியது ஜெர்சி