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Multifamily REIT Veris Residential is Sold for $3.4 Billion to Affinius Capital-Led Investor Consortium

Multifamily REIT Veris Residential is Sold for $3.4 Billion to Affinius Capital-Led Investor Consortium

by Phil Hall | Feb 23, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Veris Residential Inc. (NYSE: VRE) a Northeast-focused multifamily real estate investment trust, announced it is being acquired by an investor consortium led by Affinius Capital in partnership with Vista Hill Partners in an all-cash transaction for $19.00 per share of...

Kennedy Wilson is Acquired in $1.6 Billion Deal

by Phil Hall | Feb 18, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The real estate investment firm Kennedy Wilson Holdings Inc. (NYSE:KW) announced it is being acquired by a consortium led by its CEO William McMorrow and the Toronto-headquartered Fairfax Financial Holdings Limited (TSX: FFH, FFH.U) in an all-cash transaction of...
Winnipeg Shopping Center Sells for $160.5 Million

Winnipeg Shopping Center Sells for $160.5 Million

by Phil Hall | Feb 13, 2026 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate investment and development firm Leyad has acquired St. Vital Centre, the Winnipeg shopping center, for $160.5 million. St. Vital Centre encompasses approximately 1 million square feet of gross leasable area and features 160 retailers. It attracts 8...
Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion

Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion

by Phil Hall | Feb 13, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The builder Tri Pointe Homes Inc. (NYSE: TPH) is being acquired by Japan’s Sumitomo Forestry for $47.00 per common share, in an all-cash transaction valued at approximately $4.5 billion. Founded in 2009, Tri Pointe Homes focuses on the Western, Southwestern, and...
QXO Acquires Kodiak Building Partners for $2.25 Billion

QXO Acquires Kodiak Building Partners for $2.25 Billion

by Phil Hall | Feb 11, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The building products distributor QXO Inc. (NYSE: QXO) announced it is acquiring Kodiak Building Partners from Court Square Capital Partners for approximately $2.25 billion. According to the Greenwich, Connecticut-headquartered QXO, the purchase price comprises $2...
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