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Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million

Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million

by Phil Hall | Jun 24, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Macerich Company (NYSE: MAC), a Santa Monica, California-based real estate investment trust, has acquired Crabtree Valley Mall, a Class A retail center totaling approximately 1.3 million square feet in Raleigh, North Carolina, for $290 million. The acquired...

Bayview Asset Management Acquires Guild Holdings for $1.3 Billion

by Phil Hall | Jun 20, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The San Diego-based mortgage lender Guild Holdings Company (NYSE: GHLD) has announced it is being acquired by a fund managed by Bayview Asset Management LLC in an all-cash transaction valued at approximately $1.3 billion. Upon completion of the transaction, Guild will...
Home Depot Follows QXO’s Lead with Unsolicited Bid for GMS Inc.

Home Depot Follows QXO’s Lead with Unsolicited Bid for GMS Inc.

by Phil Hall | Jun 20, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Home Depot (NYSE: HD) has made a surprise bid for the building products distributor GMS Inc. (NYSE: GMS) after Brad Jacobs’ QXO (NYSE: QXO) made a $5 billion unsolicited offer for the Tucker, Georgia-based company. The Wall Street Journal first reported Home Depot’s...
QXO Makes $5 Billion Acquisition Bid for Building Products Supplier GMS Inc.

QXO Makes $5 Billion Acquisition Bid for Building Products Supplier GMS Inc.

by Phil Hall | Jun 19, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Greenwich, Connecticut-headquartered building products distributor QXO Inc. (NYSE: QXO) has made an unsolicited $5 billion all-cash acquisition proposal to GMS Inc. (NYSE: GMS), a specialty distributor of interior construction products. “Our all-cash proposal to...
Real Estate Developer Patrick Zalupski in Talks to Buy the Tampa Bay Rays

Real Estate Developer Patrick Zalupski in Talks to Buy the Tampa Bay Rays

by Phil Hall | Jun 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Real estate developer Patrick Zalupski has signed a letter of intent (LOI) to purchase Major League Baseball’s Tampa Bay Rays. According to a Sportico report sourced from “multiple sources who asked not to be named because the details are private,” the deal values the...
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