Week In Review:

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Colliers Research will be publishing a weekly review of current news highlights. Here is the lastest from last week.


Mortgage Rates Rose in Latest Week
WASHINGTON -- Rates on home mortgages continued their climb this week, with the 30-year fixed-rate mortgage hitting its highest level since September, Freddie Mac said.
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Grubb & Ellis’ Transactions Chairman Leaves Firm
Robert Osbrink has left his post as executive vice president and chairman of transaction services for Grubb & Ellis, the company said Tuesday.
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Blackstone Wants to Invest in China, Japan Property Companies
June 26 (Bloomberg) -- Blackstone Group LP, manager of the world's biggest buyout fund, plans to invest in property companies in China and Japan struggling to get financing as the firm seeks to benefit from rising borrowing costs.
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Commercial-Mortgage Bond Sales May Reach 12-Year Low
June 26 (Bloomberg) -- Sales of bonds backed by commercial real estate loans may fall to the lowest level since at least 1996 as investor demand for the debt slumps.
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Fed Sounds Inflation Alarm, Moves Toward Rate Rise
June 26 (Bloomberg) -- The Federal Reserve is sounding the alarm on inflation without committing to raise interest rates.

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