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...
Commercial Real Estate Direct Staff Report Dwight Capital has acquired Love Funding, a unit of Midland States Bank that originates loans under US Department of Housing and Urban Development programs The acquisition beefs up Dwight’s volume of...
ACRES Capital Corp has acquired the management contract for Exantas Capital Corp, a New York mortgage REIT that had been squeezed by margin calls from its lenders when the coronavirus hit The transaction more than doubles ACRES' assets under...
Commercial Real Estate Direct Staff Report NexPoint Advisors, which sponsors a number of traded and non-traded investment vehicles, has agreed to acquire Jernigan Capital Inc in a deal valued at $900 million The proposed acquisition of Jernigan, a...
Commercial Real Estate Direct Staff Report Mack-Cali Realty Corp, which since last year has been under pressure to spin off its apartment holdings, is considering splitting itself into two components or selling itself outright But for now, the...
