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Kroger and Albertsons Pause Merger

Kroger and Albertsons Pause Merger

by Phil Hall | Jul 26, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) are pausing their proposed $24.6 billion merger as federal and state lawsuits seek to block their union. The Wall Street Journal reports the supermarket giants agreed to a temporary injunction in a...
GO Mortgage and PacRes Mortgage Announce Merger

GO Mortgage and PacRes Mortgage Announce Merger

by Phil Hall | May 31, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Columbus, Ohio-based GO Mortgage and Portland-headquartered PacRes Mortgage have announced a merger agreement. The transaction is expected to close in the third quarter, with GO Mortgage CEO Michael Isaacs as the chief executive of the combined company and PacRes...
Two Regional Florida Realtor Groups to Merge

Two Regional Florida Realtor Groups to Merge

by Phil Hall | May 23, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Two regional realtor associations in Florida, the Pinellas Realtor Organization and Greater Tampa Realtors, have announced plans to merge and become Tampa Bay Realtors. If the merger is approved by the National Association of Realtors, the combined organization will...
Mortgage Advisory Firms Stratmor Group and Teraverde Announce Merger

Mortgage Advisory Firms Stratmor Group and Teraverde Announce Merger

by Phil Hall | May 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The mortgage advisory firms Stratmor Group and Teraverde have announced a merger. According to the companies, both firms will operate under the Stratmor brand and will combine their respective programs, technology, and subject-matter expertise. “The mortgage industry...
Kroger and Albertsons Pause Merger

Kroger and Albertsons Propose Selling 166 More Stores to Gain Merger

by Phil Hall | Apr 23, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) plan to divest an additional 166 supermarkets to gain regulatory approval of their proposed $24.6 billion merger. The Kroger-Albertsons transaction was announced last October, but in February a...
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