The sports retail submarket is experiencing a major shift as Dick’s Sporting Goods Inc. (NYSE: DKS) announced its $2.4 billion acquisition of Foot Locker Inc. (NYSE: FL). Dick’s expects to operate Foot Locker as a standalone business unit within its portfolio and...
The mortgage lender Lower announced its acquisition of the real estate portal Movoto for an undisclosed sum. The Austin-based Movoto bills itself as the largest privately-owned residential real estate search website. The company was part of the Ojo Labs family of...
Montreal-headquartered PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has acquired a six-asset portfolio of Winnipeg industrial properties for $96.5 million from Parkit Enterprise Inc. (TSX.V: PKT). The portfolio encompasses 678,177 square feet of gross...
FirstService Residential, the Dania Beach, Florida-based property management firm and a subsidiary of FirstService Corporation (NASDAQ and TSX: FSV), has acquired Edmonton-based Core Real Estate Group. Founded in 2011, Core Real Estate Group manages more than 15,000...
An investor in Redfin (NASDAQ: RDFN) has filed a lawsuit to stop its $1.75 billion sale to Rocket Companies (NYSE: RKT). The Real Deal reports investor Bruce Miller is suing the company and its board of directors, including CEO Glenn Kelman, alleging they failed to...