Blackstone (NYSE:BX) announced that funds managed by the company’s Blackstone Tactical Opportunities division acquired a majority stake in New Tradition Media, an out-of-home media operator with assets across the nation’s largest markets. Founded in 2010, New...
The real estate software company Yardi has acquired CloudVO, the San Francisco-based online reseller of virtual offices, meeting rooms and other workplace services. The financial terms of the acquisition were not disclosed. As of June 1, CloudVO ceased to take new...
Poplar Homes, a Cupertino, California-based proptech for single-family rental investors, has acquired Venture REI’s Arizona-based single-family for rent property management portfolio for an undisclosed sum. The acquisition marks Poplar’s entry into the...
Planet Home Lending LLC, a Meriden, Connecticut-headquartered mortgage lender and servicer, announced the asset acquisition of retail lender Platinum Home Mortgage Corp., based in Hoffman Estates, Illinois. According to the companies, Planet will acquire the majority...
PacWest Bancorp (NASDAQ:PACW) sold its Civic Financial Services property lending division to the real estate financing firm Roc360 for an undisclosed amount. The sale, which was reported by the Wall Street Journal, is the second transaction this week involving PacWest...