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San Diego Apartment Property Acquired for $45 Million

San Diego Apartment Property Acquired for $45 Million

by Phil Hall | Apr 1, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sunstone Two Tree, a developer and operator of rental housing communities, has acquired Terraza Hills, a 200-unit apartment property in San Diego, for $45 million or $225,000 per unit. The property was built in 1976 and still in its original condition. Sunstone Two...
Rocket Companies Acquires Mr. Cooper for $9.4 Billion

Rocket Companies Acquires Mr. Cooper for $9.4 Billion

by Phil Hall | Mar 31, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Companies (NYSE: RKT) has announced its acquisition of the Dallas-based mortgage servicing and origination leader Mr. Cooper Group Inc. (NASDAQ: COOP) in an all-stock transaction for $9.4 billion in equity value. According to the...
Dollar Tree Sells Family Dollar Retail Chain for $1 Billion

Dollar Tree Sells Family Dollar Retail Chain for $1 Billion

by Phil Hall | Mar 26, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Dollar Tree Inc. (NASDAQ: DLTR) announced the $1 billion sale of its Family Dollar business to the private equity firms Brigade Capital Management LP and Macellum Capital Management LLC. Dollar Tree acquired Family Dollar for more than $8 billion in 2015. However, the...
JLL Acquires Renewable Energy Investment Banking Firm

JLL Acquires Renewable Energy Investment Banking Firm

by Phil Hall | Mar 24, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Chicago-headquartered commercial real estate and investment management company JLL (NYSE: JLL) is acquiring Javelin Capital, a New York City-based renewable energy investment banking firm. Established in 2017, Javelin Capital’s 16 employees led by CEO and...
QXO Acquires Beacon Roofing Supply for $11 Billion

QXO Acquires Beacon Roofing Supply for $11 Billion

by Phil Hall | Mar 20, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Greenwich, Connecticut-headquartered building products distributor QXO Inc. (NYSE: QXO) announced its acquisition of Beacon Roofing Supply Inc. (NASDAQ: BECN) for $11 billion. Founded in 1928, is a leading distributor of roofing, waterproofing and exterior...
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