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Kimco Realty Pays $2 Billion to Acquire RPT Realty

Kimco Realty Pays $2 Billion to Acquire RPT Realty

by Phil Hall | Aug 28, 2023 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Kimco Realty (NYSE: KIM), the owner and operator of open-air, grocery-anchored shopping centers and mixed-use assets, has announced its acquisition of rival company RPT Realty (NYSE: RPT) in an all-stock transaction valued at approximately $2 billion. Upon closing,...
Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion

Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion

by Phil Hall | Aug 28, 2023 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

KSL Capital Partners LLC, a Denver-headquartered investor in travel and leisure businesses, has announced that it will acquire all of the outstanding common shares of Hersha Hospitality Trust (NYSE:HT) for $10.00 per share in an all-cash transaction valued at...
Guild Mortgage Acquires First Centennial Mortgage

Guild Mortgage Acquires First Centennial Mortgage

by Phil Hall | Aug 28, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

San Diego-headquartered Guild Mortgage (NYSE: GHLD) has acquired First Centennial Mortgage, an Illinois-based privately held residential mortgage lender focused on the Midwest markets. First Centennial Mortgage was founded by brothers Steven and David McCormick in...
Proptech RentRedi Acquires Two Property Management Platforms

Proptech RentRedi Acquires Two Property Management Platforms

by Phil Hall | Aug 11, 2023 | Current News & Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City-based proptech RentRedi, which provides a cloud-based rental management platform designed to simplify the renting process for both landlords and tenants, has acquired the housing-focused platforms eRentPayment and PaymentReport. eRentPayment offers...
AG Mortgage Investment Trust Acquires Western Asset Mortgage Corp.

AG Mortgage Investment Trust Acquires Western Asset Mortgage Corp.

by Phil Hall | Aug 9, 2023 | Current News & Events, Real Estate News, WRE News Exclusive

AG Mortgage Investment Trust Inc. (NYSE: MITT), a publicly traded residential mortgage REIT, and Western Asset Mortgage Capital Corp. (NYSE: WMC) have entered into an agreement with AG Mortgage Investment acquiring Western Asset in a fixed exchange ratio stock/cash...
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