- How Dollar General Is Disrupting Grocery “[T]he fact that Yale University and the CDC would select Dollar General as the ideal retailer for vaccine distribution, as opposed to Walmart or CVS, speaks to the company’s position of power in the food retail industry, a position that is set only to strengthen as it deploys several new strategic initiatives ideally suited for the post-pandemic economy of 2021 and beyond.” (Progressive Grocer)
- Blackstone REIT Plans to Appoint Katie Keenan as CEO “Ms. Keenan, 36 years old, has been president of the real-estate investment trust that was created by investment giant Blackstone Group Inc., one of the world’s largest commercial real-estate owners. She is set to succeed Steve Plavin, who will be overseeing Blackstone Group’s European debt business.” (The Wall Street Journal)
- Las Vegas Strip to end pandemic restrictions for fully vaccinated people June 1 “The unanimous vote came after public speakers expressed anger and frustration with pandemic restrictions — especially their effects on schoolchildren. Nevada Gov. Steve Sisolak on Friday aligned state requirements with CDC recommendations issued a day earlier. The CDC says fully vaccinated people can stop social distancing and mask-wearing outdoors in crowds and in most indoor settings.” (Marketwatch)
- The Pritzker Family Office’s Real Estate Arm Has Hired a New CIO “Geolo Capital, the private equity investment group for John Pritzker’s family office, has tapped Hector Calderon as its chief investment officer. Calderon, who led a real estate investment team at Encore Capital Management, will grow the family office’s real estate portfolio, particularly in the multi-family sector. Calderon will target ground up development, acquisitions, and debt and equity investments.” (Institutional Investor)
- Capital Square Appoints Leading Real Estate Economist to Serve as Economic Advisor “Linneman brings more than 40 years of experience to his role at Capital Square. For 35 years, he was a faculty member of the Wharton School of the University of Pennsylvania, serving as the Albert Sussman Professor of Real Estate, Finance and Public Policy, as well as the founding chairman of the real estate department and director of the Samuel Zell & Robert Lurie Real Estate Center. During this time, he was co-editor of The Wharton Real Estate Review.” (The DI Wire)
- Morning Report: Blackstone Deal Has Advocates Blue “As Lisa Halverstadt and Jesse Marx report, housing advocates are worried that the more than $1 billion sale of roughly 5,800 units to the Blackstone Group and its partners will take the affordable housing crisis throughout San Diego County from bad to worse. That’s based in part on criticisms of the private equity firm in recent years.” (Voices of San Diego)
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