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Barry Diller’s People Inc. Offers to Buy MGM Resorts International for $18 Billion

Barry Diller’s People Inc. Offers to Buy MGM Resorts International for $18 Billion

by Phil Hall | Jun 1, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Barry Diller’s publishing company People Inc. (NASDAQ: IAC) has submitted a surprise non-binding proposal to acquire MGM Resorts International (NYSE: MGM) in a $48.30 per share all-cash transaction that values the company at $18 billion. People Inc., publishes over 40...
Berkshire Hathaway Acquires Developer/Builder Taylor Morrison

Berkshire Hathaway Acquires Developer/Builder Taylor Morrison

by Phil Hall | Jun 1, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) announced its acquisition of Taylor Morrison Home Corporation (NYSE: TMHC) for $72.50 per common share in cash. According to the companies, the deal represents a total equity value for Taylor Morrison of approximately $6.8...
CoStar Group Acquires Zonda for $800 Million

CoStar Group Acquires Zonda for $800 Million

by Phil Hall | May 29, 2026 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

CoStar Group Inc. (NASDAQ: CSGP) has announced its acquisition of the housing data provider Zonda for $800 million in cash. Zonda serves more than 3,000 customers including residential builders, developers, suppliers, and lenders across North America. The company’s...
Fertitta Entertainment Acquires Caesars Entertainment for $17.6 Billion

Fertitta Entertainment Acquires Caesars Entertainment for $17.6 Billion

by Phil Hall | May 28, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Two of the world’s most prominent hospitality and gaming companies are being combined into a single entity as Fertitta Entertainment Inc. announced its acquisition of Caesars Entertainment Inc. (NASDAQ: CZR) in a $17.6 billion all-cash transaction that includes the...
Joint Venture Acquires 5 Open-Air Retail Centers for $300 Million

Joint Venture Acquires 5 Open-Air Retail Centers for $300 Million

by Phil Hall | May 27, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The investment firms Bain Capital and 11North Partners announced their joint venture acquisition of five open-air retail centers located across four states for approximately $300 million. Collectively, the portfolio totals approximately 757,000 square feet and spans...
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