WASHINGTON, DC—That's the sequence of events Cushman & Wakefield's Kevin Thorpe predicts for US commercial property sales in the aftermath of the Brexit vote. He tells GlobeSt.com the lift won't necessarily be short-term.

NEWPORT BEACH, CA—"Many assets may already be mispriced" because underwriting hasn't anticipated the future popularity of ride-hailing and driverless cars, says Green Street Advisors. There will be winners and losers among property categories.

NEW YORK CITY—Although the differences in pricing between class A and class B properties can average up to $170,000 per unit, the buyer pool for lower-grade assets is considerably larger, according to Greystone Real Estate Advisors

NEW YORK CITY—Year to date, transfers of 2006- and 2007-vintage loans alone are on pace to match the total for all of 2015, reports Fitch Ratings.

NEW YORK CITY—Financial markets across the globe "entered a tailspin" as the results of Thursday's referendum on European Union membership became clear, trade credit insurer Atradius said Friday.

NEW YORK CITY—The all-cash merger with an affiliate of Brookfield Asset Management, valued at $2.8 billion including the assumption of debt, is expected to close in early July.

CINCINNATI—"Now is the time to reset our business model to thrive in a future that is being driven by rapid evolution in consumer preferences and shopping habits," says Lundgren, who will be succeeded by company president Gennette.

LOS ANGELES—The debut of the expanded Panama Canal this weekend will gradually shift US cargo delivery "from slightly favoring the West Coast to a more even split between the two coasts," says David Egan at CBRE.