Tag: Archstone
The rise and sell of BRE
And, if stock prices are an indication of which REITs investors wager are ripe for M&A, Home Properties and Post Properties both are on...
The big split
Equity Residential and AvalonBay will together pay $2.69 billion in cash along with stock valued at $3.8 billion, N.Y.-based Lehman announced. The buyers, the...
Equity Residential vies for Archstone, again
Archstone is a private company which owns, operates and develops multifamily apartment properties. It was owned by a consortium of financial institutions including Bank...
Equity Residential to take stake in Archstone
The stake would be about half of the ownership held by the two banks and sets the clock ticking for the remaining owner, Lehman...
Lehman seeks financing for Archstone counterbid
Lehman, which owns 47 percent of Archstone, is in discussions with investors including Blackstone Group LP and Brookfield Asset Management Inc. to arrange financing,...
Archstone owners decide to sell their stakes
Unable to reach a consensus with Lehman on a plan to sell the entire company, the two banks are now trying to sell their...
