Monday, March 4, 2024

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...

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