KSL Capital Partners LLC, a Denver-headquartered investor in travel and leisure businesses, has announced that it will acquire all of the outstanding common shares of Hersha Hospitality Trust (NYSE:HT) for $10.00 per share in an all-cash transaction valued at...
Toronto-based Inovalis Real Estate Investment Trust (OTCMKTS: IVREF; TSX: INO.UN) announced the appointment of Stéphane Amine as president and CEO. Amine is the founder of Inovalis SA, that French Alternative Investment fund that is the manager of the REIT. He...
At the risk of being flippant, the new public listing for the online mortgage lender Better (NASDAQ:BETR) might be a case of being in the right place at the wrong time. According to a Reuters report, Better’s shares sank this morning during its stock trading debut....
99 Acquisition Group Inc., a special purpose acquisition company (SPAC) seeking a merger with a real estate industry company, has closed its initial public offering (IPO) of 7.5 million units at $10.00 per unit. The units are listed on Nasdaq Global Market and are now...
CAF Capital Partners, a Dallas-based private equity real estate firm, has hired Jason Geer as senior vice president of acquisitions. In his new job, Geer will center on driving the company’s expansion efforts in the Southeastern region. His focus will be directed...
Nomura Securities International (NSI), the U.S.-based broker-dealer subsidiary of Japan’s Nomura Holdings (NYSE:NMR), has reached a $35 million settlement with the U.S. Department of Justice relating to its fraudulent trading of residential mortgage-backed securities...
