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QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash

QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash

by Phil Hall | Jan 15, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Greenwich, Connecticut-headquartered technology solutions provider QXO (NASDAQ: QXO) has proposed a deal to Beacon Roofing Supply Inc. (NASDAQ: BECN) to acquire all outstanding shares of Beacon for $124.25 per share in cash. Herndon, Virgina-based Beacon sells...
CBRE Acquires Co-Working Firm Industrious

CBRE Acquires Co-Working Firm Industrious

by Phil Hall | Jan 14, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

CBRE Group Inc. (NYSE: CBRE) has announced is acquisition of Industrious National Management Company LLC, a provider of flexible workplace solutions. CBRE previously invested in Industrious through an approximately 40% equity interest and a $100 million convertible...
Sagard Real Estate Acquires Denver-Area Multifamily Community

Sagard Real Estate Acquires Denver-Area Multifamily Community

by Phil Hall | Jan 13, 2025 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

The real estate investment firm Sagard Real Estate, formerly EverWest Real Estate Investors, has acquired Alta Green Mountain, a Class A multifamily community located in Colorado’s West Denver submarket. Built in 2020, Alta Green Mountain features 260 luxury units...
Morgan Properties Acquires First Community in Kentucky

Morgan Properties Acquires First Community in Kentucky

by Phil Hall | Jan 10, 2025 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Morgan Properties, a national real estate investment and management company headquartered in Conshohocken, Pennsylvania, expanded into the Kentucky market with the $39 million acquisition of Blankenbaker Crossings, a 236-unit garden-style apartment community in...
Kimco Realty Acquires Jacksonville Shopping Center for $108 Million

Kimco Realty Acquires Jacksonville Shopping Center for $108 Million

by Phil Hall | Jan 9, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Kimco Realty (NYSE: KIM), a Jericho, New York-based real estate investment trust (REIT) and owner/ operator of open-air, grocery-anchored shopping centers and mixed-use properties, has acquired The Markets at Town Center, a 254,000-square-foot property in...
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