Two Harbors Investment Corp. (NYSE: TWO), the mortgage servicing rights-focused real estate investment trust, has rejected the latest attempt by UWM Holdings Corp. (NYSE: UWMC) to secure a merger, calling the company’s new offer of $12.50 per share an “illusory,...
Guardian, a real estate investment and operating platform focused on multifamily properties, has partnered with PCCP LLC to acquire Ladd Tower, a 23-story residential high-rise in Portland, for $63 million. Built in 2009 and LEED Gold certified, the 322-unit Ladd...
Bethesda, Maryland-based Elme Communities (NYSE: ELME) provided an update regarding its ongoing liquidation activities that were first announced last summer. The company said that it completed the sale of five of its remaining properties this year, a quartet of...
Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused REIT and CrossCountry Mortgage LLC (CCM), have amended their merger agreement to increase the per-share all cash consideration payable to Two Harbors stockholders to $12.00 per share from...
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) (TSX:CAR.UN), has announced President and CEO Mark Kenney will retire on July 2. Kenney served in the leadership roles since November 2018; he was previously chief operating officer. He will also...
Brookfield Asset Management (NYSE: BAM, TSX: BAM) announced the completion of its $1.2 billion all-cash acquisition of Peakstone Realty Trust (NYSE: PKST). El Segundo, California-based Peakstone offers a portfolio of more than 70 industrial assets, including...
