Subject: Mergers & Acquisitions (M&A)

Commercial Real Estate Direct Staff Report Simon Property Group has agreed to acquire an 80 percent stake in Taubman Realty Group in a deal that values the company at about $4.6 billion. The Indianapolis REIT is paying $52.50/share for all ...

W.P. Carey Inc. and Watermark Capital Partners are merging two non-traded REITs they sponsor. The move, which is subject to shareholder approval, would create a company, Watermark Lodging Trust, that would own 33 full-service hotels with 9,658 rooms in some ...

Commercial Real Estate Direct Staff Report Greystone & Co. has confirmed that it has purchased C-III Asset Management, giving it one of the commercial mortgage sector's most active special servicing operations. The acquisition gives Greystone, a New York lender best ...

Greystone & Co. is said to be in talks to buy C-III Asset Management, which would instantly give it the chops needed to meet a target it set last year: the pursuit of CMBS B-piece investments and special servicing assignments.

Broad Street Realty LLC has completed the first leg of its merger with MedAmerica Properties, a shell company whose shares are publicly listed. The merger gives investors in Broad Street, a Maryland syndicator, liquidity and another avenue for raising fresh ...

ORIX Real Estate Capital has agreed to acquire Hunt Real Estate Capital, creating a company with a combined annual loan-origination volume of more than $9 billion and a loan-serving portfolio of more than $41 billion. The deal is expected to ...

Michael Ashner, a long-time opportunistic investor who took equity positions in at least a couple of public REITs that eventually launched liquidation efforts, has been named to the board of CBL & Associates Properties Inc. Also joining the Chattanooga, Tenn., ...

Avison Young has acquired McKinney Advisory Group, a San Diego property brokerage and management firm, expanding its physical presence in that city. McKinney, which was founded nine years ago and is led by Damian McKinney, has been rebranded as Avison ...

CoStar Group has agreed to buy STR for $450 million in cash, instantly giving it muscle in the hotel data business. STR, founded in 1985 as Smith Travel Research, collects performance data - occupancy, average room rates and revenue per ...

NexPoint Hospitality Trust has agreed to buy Condor Hospitality Trust Inc., which would give it 15 select-service and extended-stay hotels with 1,908 rooms, more than doubling the size of its portfolio. NexPoint is one of two REITs managed by Highland ...