An investor group led by Brookfield Asset Management Inc has offered to buy the partnership units that it doesn’t own of affiliate Brookfield Property Partners for $1650 each, valuing the company at $59 billion The offer marks a 14 percent...
Koch Real Estate Investments, which earlier this year had provided senior secured financing to Ladder Capital Corp, has exercised an option it received to take a common equity position in the mortgage REIT The company, a unit of Koch Industries,...
Public Storage is paying $528 million for Beyond Self Storage, giving it 36 additional self-storage properties with 36 million square feet in 10 states The Glendale, Calif, REIT completed the first phase of its deal, closing on the purchase of 24...
Apartment Investment and Management Co, or Aimco, yesterday confirmed that it had received an indication of interest to buy the Denver REIT The proposed buyer is said to be Westdale Real Estate Investment and Management of Dallas, which has a...
Commercial Real Estate Direct Staff Report Bow Street LLC had made an offer to buy Paramount Group for $950-$10/share in cash, or up to $22 billion But Paramount rebuffed the offer, saying the proposal was “inadequate” and...
Simon Property Group has once again struck an agreement to acquire Taubman Centers Inc The Indianapolis mall REIT, which in February had agreed to pay $5250 for every Taubman outstanding share, has reduced its proposed common-stock consideration by...
Blackstone Real Estate Income Trust Inc has agreed to pay $12 billion for Simply Self Storage, a company owned by a fund managed by Brookfield Asset Management Inc Simply Self Storage owns more than 120 facilities with about 8 million square feet in...
Marcus & Millichap Inc, as expected, has struck a deal to buy Mission Capital Advisors, giving it deep capabilities in the loan-sales market and bolstering its equity and debt placement abilities “Mission’s loan sales and consulting...
SitusAMC Holdings Corp has acquired the loan-servicing and asset-management platforms of Cohen Financial, adding 6,900 loans with a balance of $34 billion The deal bolsters the size of SitusAMC’s portfolio to 10,000 loans with a balance of...
Condor Hospitality Trust Inc, which more than a year ago had agreed to be acquired by NexPoint Hospitality Trust, said it has terminated the deal because its suitor had failed to complete its purchase Condor, a Norfolk, Neb, company formerly known...
