NEW YORK CITY—The flagship of a newly launched hotel brand from Marriott, the 16-story office/retail property is returning to its original purpose of lodging via the Lightstone Group's adaptive repositioning.

BOSTON—Mortgages on office properties posted the best quarterly and annual total returns in the latest LifeComps Commercial Mortgage Loan Index, covering loans with a principal balance totaling $103.7 billion.

NEW YORK CITY—With recent IRS guidance and the PATH Act mitigating against the REIT spin-off route, Fitch Ratings sees MGM Resorts and Macy's taking a different path.

WASHINGTON, DC—Despite a drop in all four of NMHC's market conditions indexes, the association's Mark Obrinsky says that longer term, "all signs point to continued strong demand for apartment residences."

CALABASAS, CA—Notwithstanding what Cushman & Wakefield's Ken McCarthy calls "much needed reassurance" from the job numbers, Marcus & Millichap cites reminders that "potential disruptions to US economic growth persist."

WASHINGTON, DC—Congress can amend the Federal Home Loan Bank Act if it wants to allow mortgage REITs to be eligible for FHLB membership, says FHFA director Mel Watt.

NEW YORK CITY—The asset manager's third major reorganization since 2012, the changes will also result in an expanded multi-asset strategies team and a combined active equity platform.

NEW YORK CITY—While the US economy is changing, "the people and economic institutions continue to be innovative and enthusiastic," according to Integra Realty Resources.