The first nine REITs on China's exchanges made their debut and raised a total of $4.7 billion, according to Jefferies Group. Retail investors showed interest in the REITs, which are linked to infrastructure projects.

Brookfield Properties' mixed-use Fifth + Broadway project is a community hub in downtown Nashville, Tenn. This article offers a closer look at the project, which includes residential units as well as office, retail and dining space and the National Museum of African American Music.

Residential rent increases have been relatively subdued recently in major cities, but Realtor.com's May rental report finds that rents have risen 7.5% over the past two years.

The board of directors at Condor Hospitality Trust is evaluating strategic options, including a potential sale, to increase shareholder value. Condor CEO Bill Blackham expressed confidence in the REIT's portfolio and said that "now is the right time" to explore options.

Washington Prime Group has filed for Chapter 11 bankruptcy protection in Houston, with plans to stay in business after it reached an agreement with certain creditors to restructure its debts. The REIT has secured a bankruptcy loan worth up to $100 million, and it plans to deleverage its balance sheet by almost $950 million.