Subject: Mergers & Acquisitions (M&A)
Morgan Stanley to Buy Ausssie Property Trust in $5.5Bln Deal
Commercial Real Estate Direct Staff ReportMorgan Stanley Real Estate Funds, which last week agreed to buy Crescent Real Estate Equities, has offered to buy another property company.But this one, Investa Properties Ltd., is in Australia. Morgan has agreed to buy ...
Genesis Healthcare Shareholders Accept $1.9Bln Takeover
Shareholders of seniors healthcare property operator Genesis HealthCare Corp. have approved a $1.9 billion takeover by Formation Capital and JER Partners.The Formation Capital/JER venture will pay $69.35/share for Genesis and assume $475 million in debt. If the deal is not ...
Genesis Healthcare Shareholders Accept $1.9Bln Takeover
Shareholders of seniors healthcare property operator Genesis HealthCare Corp. have approved a $1.9 billion takeover by Formation Capital and JER Partners.The Formation Capital/JER venture will pay $69.35/share for Genesis and assume $475 million in debt. If the deal is not ...
Tishman and Lehman to Buy Archstone-Smith in $22.2 Bln Deal
In what would be the largest multifamily REIT privatization ever, Archstone-Smith has agreed to a $22.2 billion takeover by Tishman Speyer and Lehman Brothers. Lehman and Bank of America are providing debt financing for the transaction.
Tishman and Lehman to Buy Archstone-Smith in $22.2 Bln Deal
In what would be the largest multifamily REIT privatization ever, Archstone-Smith has agreed to a $22.2 billion takeover by Tishman Speyer and Lehman Brothers. Lehman and Bank of America are providing debt financing for the transaction.
ING Clarion Completes $877Mln Buy of Apple Hospitality
ING Clarion Partners has completed the $877 million acquisition of Apple Hospitality Two Inc., a Richmond, Va., hotel REIT that owns 63 extended-stay hotels with 7,498 rooms.The acquisition gives ING Clarion some $3 billion of hotel investments.Apple Two owns properties ...
ING Clarion Completes $877Mln Buy of Apple Hospitality
ING Clarion Partners has completed the $877 million acquisition of Apple Hospitality Two Inc., a Richmond, Va., hotel REIT that owns 63 extended-stay hotels with 7,498 rooms.The acquisition gives ING Clarion some $3 billion of hotel investments.Apple Two owns properties ...
Lubert-Adler Team Buying Central Parking Corp. for $746Mln
Commercial Real Estate Direct Staff ReportA trio of private equity firms that includes real estate investor Lubert-Adler Partners is buying Central Parking Corp. for $746 million.Kohlberg & Co. and Chrysalis Capital Partners, whose investment focuses are on operating companies and ...
Morgan Stanley Buying Crescent Real Estate in $6.5Bln Deal
Funds managed by the investment bank will be buying the Fort Worth, Texas, REIT in a deal that includes $3.1 billion of assumed debt. Crescent, which owns office, resort and cold-storage properties, had been making efforts to streamline its operations.
Lubert-Adler Team Buying Central Parking Corp. for $746Mln
Commercial Real Estate Direct Staff ReportA trio of private equity firms that includes real estate investor Lubert-Adler Partners is buying Central Parking Corp. for $746 million.Kohlberg & Co. and Chrysalis Capital Partners, whose investment focuses are on operating companies and ...
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