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Martha Heric and R. Benjamin Zapp have joined the new office as managing director and director, respectively.

Thomas O'Hern is currently the company's SVP, CFO and Treasurer and will remain in those roles until he assumes the mantle of CEO at the start of the year.

Mortgage REITs will be the primary beneficiary of this change to the GSE's benchmark Connecticut Avenue Securities structure.

The new owners of OfficeMax's former HQ say it will soon have amenities similar to ones in Fulton Market properties.

Quality Care Properties has also entered into an agreement with ProMedica Health System for it to acquire HCR ManorCare when it completes its Chapter 11 bankruptcy.

“Occupancy costs with us will be cheaper than any traditional lease that they might sign.”

“This acquisition fits squarely into our primary investment strategy of acquiring medical office buildings in secondary and tertiary markets with strong tenants.”

Steve Silverberg, Jim Cahill and Alden Stabb are joining JLL's Suburban Maryland team.