REIT Makes $76M Houston Acquisition
Atlanta-based Preferred Apartment Communities Inc. (NYSE MKT: APTS) acquired two Class A multifamily developments in Houston in a multimillion-dollar deal....
Private Equity Firm in Advanced Talks to Buy Chico’s FAS
Private-equity firm Sycamore Partners is in advanced talks to buy women’s apparel retailer Chico’s FAS Inc., according to people familiar with the matter, in what could be the largest leveraged buyou...
China's Wanda Buys Infront Sports & Media From Bridgepoint for $1.2 Billion
Dalian Wanda Group, the Chinese real estate company headed by China's richest man Wang Jianlin, has bought the Swiss sports marketing company, Infront Sports & Media Group from the private equity group Bridgepoint for $1.2 billion. Infront is the exclusive sales representative for distribution of broadcast rights to the 2018 and 2022 World Cups and it does media and marketing for the Chinese Basketball Association. It is run by Philippe Blatter, nephew of Sepp Blatter, president of global soccer's organizing body, FIFA.
Two Private Equity Firms Acquire 17 Planet Fitness Locations
Exaltare Capital Partners, a private equity firm based in Boston, Massachusetts, and Brightwood Capital Advisors, a private investment firm in New York City, announced the acquisitions today....
Cerberus, Apollo in Talks to Buy Digital First Media, Denver Post's Parent
New York-based Digital First Media — controlled by Alden Global Capital — owns about 76 daily newspapers and their related websites along with some 160 weekly papers in 15 states....
BC Partners buying PetSmart for $8.7B in Largest U.S. PE Deal
According to a press release, BC Partners will pay $83 per share for Phoenix-based PetSmart. That represents a 6.86% premium over PetSmart’s closing price on Friday, but a whopping 46.2% bump over it...
Drybar Holdings Sells $18.5M, Early Step to IPO
Drybar Holdings LLC, owner of a chain of blowout-only hair salons, has sold an $18.5 million stake to a group of investors, its executive chairman said in an interview....
After Failing to Close $1B Deal, REIT's Board Cleans House
Find us on 888-226-7404 Email Us Winner of three Journalism Awards from the National Association of Real Estate Editors (NAREE)...
FAM REIT Acquires 7 Offices for $190M
The Acquisition Properties consist of seven office properties comprising an aggregate of approximately 1.1 million square feet of gross leasable area, located in attractive submarkets within the Grea...
Green Reit Finalizes Dublin Acquisitions
The property at 13-17 Dawson Street was acquired for a contract price of € 23 million. The building, with substantial frontage onto both Dawson Street and Molesworth Street, has the potential to acco...