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...
Two Mid-Atlantic real estate brokerages, The Kat Geralis Home Team (KGHT) of Wilmington, Delaware, and The Redux Group of Fairfax, Virginia, have announced a strategic merger. According to the companies, the newly combined brokerages represent more than $1.5 billion...
United Real Estate is expanding its presence in New Orleans metro area with the merger of its Metairie, Louisiana-based United Real Estate | Partners with Real Estate Resource Group in Covington, Louisiana. This is the second merger between United and a New...
United Real Estate announced the merger of its Dallas-based division with REAL Dallas Properties & Management, a union that will add 70 agents to United’s Dallas operations and expanding its North Texas presence to more than 800 agents. According to the...