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Blackstone Acquires Retail Opportunities Investments Corp. for $4 Billion

Blackstone Acquires Retail Opportunities Investments Corp. for $4 Billion

by Phil Hall | Nov 7, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Blackstone (NYSE: BX) and Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced a definitive agreement under which Blackstone Real Estate Partners X will acquire all outstanding common shares of ROIC for $17.50 per share in an all-cash transaction valued at...
70,680 SF Industrial Property in New Jersey Sells for $20.9 Million

70,680 SF Industrial Property in New Jersey Sells for $20.9 Million

by Phil Hall | Nov 7, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Dora’s Naturals, a distributor of natural and organic perishable products, has acquired a 70,680-square-foot industrial property in Moonachie, New Jersey, from KBC Advisors for $20.9 million. Built in 1985 on a 3.47-acre parcel, the property is accessible to Routes...
Fathom Holdings Acquires Arizona Brokerage

Fathom Holdings Acquires Arizona Brokerage

by Phil Hall | Nov 5, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The real estate services platform Fathom Holdings Inc. (NASDAQ: FTHM) announced its acquisition of My Home Group, an Arizona-based brokerage ranked 27th in the nation by transaction volume. My Home Group brings over 2,200 agents and completes approximately 12,000...
CoStar Group Acquires Visual Lease Software Platform

CoStar Group Acquires Visual Lease Software Platform

by Phil Hall | Nov 4, 2024 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

CoStar Group (NASDAQ: CSGP), a provider of online real estate marketplaces, information, and analytics in the property markets, has completed its acquisition of the lease administration and accounting platform Visual Lease. Founded in 1996, Visual Lease is a software...
NerdWallet Acquires Mortgage Brokerage Next Door Lending

NerdWallet Acquires Mortgage Brokerage Next Door Lending

by Phil Hall | Nov 1, 2024 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

The personal finance company NerdWallet Inc. (NASDAQ: NRDS) has expanded into the mortgage brokerage industry with its $1 million all-cash acquisition of Next Door Lending. NerdWallet CEO Tim Chen announced the acquisition in the company’s third quarter earnings...
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