Arlington, Texas-based builder D.R. Horton Inc. has acquired Truland Homes, a privately owned homebuilder focused along the Florida and Alabama Gulf Coast markets, for approximately $100 million in cash. The acquired homebuilding assets of Truland Homes include...
Ellington Financial Inc. (NYSE: EFC), an Old Greenwich, Connecticut-based real estate investment trust (REIT) focused on both residential and commercial mortgage loans, is acquiring Great Ajax Corp. (NYSE: AJX), a New York City-based REIT that invests primarily in...
Prologis Inc. (NYSE: PLD) is paying $3.1 billion to acquire nearly 14 million square feet of industrial properties from real estate funds affiliated with Blackstone (NYSE:BX). The price on the all-cash transaction represents an approximately 4% cap rate in the first...
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...
Realty Income Invests $2.6 Billion in Third Quarter, Raises 2026 Outlook
