Tag: Mergers and acquisitions
Amazon buys Ring doorbell for $1+ billion
It’s all part of the carefully-calculated Amazon home-invasion, right? Now Amazon, through its newly-acquired Ring smart doorbells, can monitor its packages on your doorstep....
Growing CoStar to close its latest buy, this one for nearly $400M
CoStar Group Inc. is expected next week to close on its nearly $400 million acquisition of ForRent after receiving antitrust clearance from the Federal...
Haystack or a needle?
The event was opened by Reed, who also announced that his company and host of the event, NWP, had been acquired by Dallas, Texas-based,...
Star bright, starlight
Today, the Washington, D.C. firm is largely accepted as the reigning online provider of commercial real estate (CRE) data and related services for every...
West coast story
“It’s a great time to own apartments on the West Coast,” said Essex President and CEO Michael Schall during his company’s presentation at the...
Legacy builder
Rick Graf believes in good, old fashioned hard work. “If you work hard, you will get ahead and, if you are smart and stay...
Game changer
With Greystar Real Estate Partners' acquisition of Riverstone Residential in June, the nation's two largest privately owned apartment management companies are now one mega-firm...
Big changes on the way
Seattle-based Zillow, the market leader in online residential real estate listings, said it would buy the second-biggest player in that market, San Francisco-based Trulia,...
The buy boom
A recent industry survey conducted by Beech Street Capital, a Capital One company, reports that multifamily housing acquisitions are on the rise, driving an...
The big move
Classified Ventures is a joint venture among five media companies including Chicago, Ill.-based Tribune Company, McLean, Va.-based Gannett Co.; Sacramento, Calif.-based McClatchy Co.; Washington-based...
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...
Good-bye Archstone, hello mega-REITs
Underperformance of apartment REIT shares was a major impetus behind the defunct investment bank's decision to sell Archstone in a private sale to competitors...
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...
The big deal
The price excludes transaction costs but includes the assumption of more than $8 billion of debt and $60.75 per share in cash to shareholders,...
