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William Raveis Acquires South Carolina’s Carson Realty

William Raveis Acquires South Carolina’s Carson Realty

by Phil Hall | May 2, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Shelton, Connecticut-based brokerage William Raveis has acquired Carson Realty, a family-owned real estate company serving the greater Hilton Head, Bluffton, and Lake Keowee areas of South Carolina since 2006. The financial terms of the deal were not disclosed....
Blackstone Completes Acquisition of Toronto’s Tricon Residential

Blackstone Completes Acquisition of Toronto’s Tricon Residential

by Phil Hall | May 1, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) have completed their previously announced plan in which Blackstone Real Estate Partners X and Blackstone Real Estate Income Trust Inc. acquired all the outstanding common shares of Tricon for...
Trustmark National Bank Sells Insurance Subsidiary to Marsh & McLennan Agency

Trustmark National Bank Sells Insurance Subsidiary to Marsh & McLennan Agency

by Phil Hall | Apr 24, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Jackson, Mississippi-headquartered Trustmark National Bank announced the sale of its subsidiary Fisher Brown Bottrell Insurance Inc. (FBBInsurance) to Marsh & McLennan Agency LLC for $345 million in cash. In connection with the sale, current leadership and...
Investment Firm Acquires Kinexx Modular Construction

Investment Firm Acquires Kinexx Modular Construction

by Phil Hall | Apr 23, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The investment firm LaPhair Capital Partners announced its acquisition of Kinexx Modular Construction, a provider of modular building solutions. Kinexx will operate as a subsidiary of LaPhair Capital Partners, with Scott Upshaw as its new CEO. LaPhair plans to bolster...
Arthur J. Gallagher & Co. Acquires Louisiana Insurance Brokerage

Arthur J. Gallagher & Co. Acquires Louisiana Insurance Brokerage

by Phil Hall | Apr 18, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage and risk management services firm, has acquired Metairie, Louisiana-based Fontenelle & Goodreau Insurance LLC, a provider of commercial property/casualty coverages specializing in large...
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