5 stories on mergers and acquisitions in commercial real estate.
Berkshire Hathaway agreed to acquire homebuilder Taylor Morrison for $6.8 billion, or $72.50 per share, a 24% premium, in CEO Greg Abel's first major deal.
Ares Management is acquiring Houston-based Whitestone REIT in a $1.7 billion all-cash deal, taking the 56-property Sun Belt retail REIT private at $19 per share.
Ares Management will acquire Houston-based Whitestone REIT in a $1.7B all-cash deal, taking private a 56-property Sun Belt convenience retail portfolio.
Trumark Homes expands into the Pacific Northwest by acquiring Washington-based homebuilder JK Monarch, marking the California firm's entry into the Seattle metro market.
Savills is acquiring Eastdil Secured for $1.1 billion, financed with an $800M loan and equity, in a deal that will reshape U.S. capital markets brokerage.