The high-end department store retailer reportedly was in discussions with Leonard Green & Partners to help arrange up to $7 billion in financing.

The Federal Reserve chair said Sunday she expects inflation to pick up in 2018 after showing some signs of softness over the past several months.

However, about 60% of institutional investors globally are under-invested in real estate relative to their target allocations, says Hodes Weill & Associates.

"Ours is a story of career bankers and career distribution people that have come together to build a real estate capital markets advisory shop," says Lotus Capital founder Faisal Ashraf.

Some of the region's leading lights charted the challenges and opportunities posed by disruptors at Thursday's RealShare New York.

The joint venture with J.P. Morgan Asset Management will "further enhance our capacity by making us even more nimble and effective in the pursuit of new development opportunities," says L&L Holding CEO David Levinson.

"Being there and soaking in all that information is key to our members," says Julie Kang, Manhattan chapter president of the Asian Real Estate Association of America.

Co-created by John B. Levy and Michael Giliberto, the G-L 2 index will track the performance of second mortgages, mezzanine loans and preferred equity on a quarterly basis.