The Federal Trade Commission (FTC) reportedly preparing to sue Greystar Real Estate Partners, the country’s largest apartment landlord, claiming the firm charged tenants hidden fees. Greystar manages more than 108,000 units. The Wall Street Journal, sourcing its...
A slippery definition of “reopening,” an unlikely grant and a merger’s messy failure. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 9-13. Miss: An Unsettled Settlement. The US Department of Justice (DOJ)...
The proposed merger between the supermarket giants Albertsons Companies Inc. (NYSE: ACI) and The Kroger Co. (NYSE: KR) collapsed this morning as Albertsons terminated the merger agreement and filed a lawsuit against Kroger claiming a willful breach of contract and...
The Federal Trade Commission (FTC) has announced Invitation Homes, the country’s largest landlord of single-family homes, has agreed to a settlement where the company will turn over $48 million to refund consumers harmed by its deceptive actions. The company was...
Tempur Sealy International Inc. (NYSE: TPX) announced the divestiture of 176 stores to appease the Federal Trade Commission’s (FTC) objection over its proposed $4 billion acquisition of Mattress Firm Group. In conjunction with the planned Mattress Firm acquisition,...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
