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Barry Diller’s People Inc. Offers to Buy MGM Resorts International for $18 Billion

Barry Diller’s People Inc. Offers to Buy MGM Resorts International for $18 Billion

by Phil Hall | Jun 1, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Barry Diller’s publishing company People Inc. (NASDAQ: IAC) has submitted a surprise non-binding proposal to acquire MGM Resorts International (NYSE: MGM) in a $48.30 per share all-cash transaction that values the company at $18 billion. People Inc., publishes over 40...
Sprouts Farmers Market Plans Expansion into New England with Up to 40 New Stores

Sprouts Farmers Market Plans Expansion into New England with Up to 40 New Stores

by Phil Hall | Jun 1, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Phoenix-headquartered food retailer Sprouts Farmers Market (NASDAQ: SFM) is expanding its nationwide presence with plans to open up to 40 new stores in New England over the next few years. The Boston Business Journal reports the first New England-based Sprouts...
$1.8 Billion Baseball Park Project Planned for Sacramento Area

$1.8 Billion Baseball Park Project Planned for Sacramento Area

by Phil Hall | May 29, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Elected officials in the Sacramento area have announced plans for a $1.8 billion initiative to build a stadium for a potential Major League Baseball expansion team. KCRA reports a new ballpark is being proposed for a 50-acre site in West Sacramento’s Bridge District....
Fertitta Entertainment Acquires Caesars Entertainment for $17.6 Billion

Fertitta Entertainment Acquires Caesars Entertainment for $17.6 Billion

by Phil Hall | May 28, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Two of the world’s most prominent hospitality and gaming companies are being combined into a single entity as Fertitta Entertainment Inc. announced its acquisition of Caesars Entertainment Inc. (NASDAQ: CZR) in a $17.6 billion all-cash transaction that includes the...
Joint Venture Acquires 5 Open-Air Retail Centers for $300 Million

Joint Venture Acquires 5 Open-Air Retail Centers for $300 Million

by Phil Hall | May 27, 2026 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The investment firms Bain Capital and 11North Partners announced their joint venture acquisition of five open-air retail centers located across four states for approximately $300 million. Collectively, the portfolio totals approximately 757,000 square feet and spans...
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