The year got off to a rocky start with two straight months of declining total returns, but REITs ended the first quarter on a hot streak and are closing in on break-even for the year.
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Legislators in Washington are considering new options to close loopholes that they believe facilitate money laundering through U.S. real estate, reports Politico. New York Attorney General Letitia James is seeking to compel Cushman & Wakefield to comply with subpoenas tied to her probe of the Trump Organization. These are among today’s must reads from around the commercial real estate industry.
