Commercial Real Estate Financing News + More: Six Flags Nixes Plans for Theme Park REIT; La Quinta Says Maybe + MORE 04/07/2017

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A pair of bills addressing dual agency broker representation have been introduced in the California State Assembly. If taken up and passed, the proposed legislation has the potential to upend and reshape the way commercial real estate brokerages do business in California, and influence real estate practices in other states across the country…

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Once considered a sure-fire strategy for ‘unlocking’ value in corporate-owned real estate paired with tax advantages, the number of non-traditional real estate firms opting to pursue REIT conversions continues to slow.

Late last week, Six Flags Entertainment Corp. (NYSE: SIX), the world’s largest regional theme park company, nixed plans for a REIT conversion of its 18 theme parks in the US, Mexico and Canada…

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In his first public speech since being ousted from his post as U.S. Attorney for the Southern District of New York a month ago, Preet Bharara revealed why he forced President Trump to fire him.

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President Trump likes to remind everyone that American manufacturers are giddy “like never before.” He fully expects that to translate into “jobs, jobs, jobs.”

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Before he cut to his first commercial break of the night on Thursday, Fox News host Bill O’Reilly teased a series of segments that would come, he said, “after these messages.” But after only a one minute-long ad, O’Reilly was back on the screen.

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