Hospitality and office property sales up strongly in July

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Mortgage rates reached their highest level since the end of August, following a week of heightened uncertainty over the Iran conflict, slightly moderated by positive news on inflation. Processing Content The 30-year fixed rate mortgage increased by 6 basis points to 6.55% as of July 16 from 6.49% one week prior, the Freddie Mac Primary…

Conference Call Participants Joseph Vruwink – Robert W. Baird & Co. Incorporated, Research DivisionBrian Peterson – Raymond James & Associates, Inc., Research DivisionHoi-Fung Wong – Oppenheimer & Co. Inc., Research DivisionRyan Powderly-Gross – Barclays Bank PLC, Research DivisionAlexei Gogolev – JPMorgan Chase & Co, Research DivisionDavid Windley – Jefferies LLC, Research DivisionRishi Jaluria – RBC…