In Europe the term "public" is used to identify real estate activities associated with public companies.
In recent years, the company has expanded its real estate activities.
"But the last six to eight months, real estate activity has really jumped up."
Offers a comprehensive monthly report of all estate activity for no additional fee.
And the firm has begun examining cutting back in some business lines, including its real estate activities.
But it's no secret that real estate activity has nearly ground to a halt this year.
Real estate activity pretty much died on the Cage during the winter.
Both brothers have invested their own money in apartment houses and other real estate activities not linked to the company.
And residential real estate activity declined "with only scattered exceptions."
The Fed is also seeking comment on a proposal to let bank holding companies engage in certain new real estate activities.