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Finance & Markets

Apollo Invests $1 Billion in Joint Venture With Starwood REIT

Apollo Global Management Inc. is investing $1.02 billion in a joint venture with Starwood Real Estate Income Trust, a commercial property vehicle known as SREIT that has struggled to provide liquidity to investors.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Baltic Dry Index at 3-Week High

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, adavanced for a fourth straight session on Tuesday, rising about 3.3% to a three-week high…

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