Industry Announcements
Spirit Realty Shareholders Approve Merger with CCPT II
The merger between Spirit Realty Capital and Cole Credit Property Trust II, which will create one of the nation’s largest publicly traded triple-net lease REITs, is moving toward completion now that shareholders on both sides have approved the proposed deal.…
Colliers Expands in Germany, Netherlands
Colliers International has acquired controlling interests in Colliers Schon and Lopez Schmitt GmbHand in Trombello Kolbel Immobilienconsulting GmbH, both in Germany, as well as a controlling interest in Urban Properties International Real Estate Management B.V., a leading asset and property management firm in the Netherlands, First Service Corp., Colliers’ parent…
Schorsch Strikes Once Again: Acquires First Allied Holdings
Calling it another step forward for RCAP Holdings, Nicholas Schorsch, chairman & CEO of American Realty Capital and sister company RCAP Holdings, said it was expanding into the independent broker-dealer financial services business with the acquisition of First Allied Holdings, of San Diego.…
Rufrano Steps Down; New CEO Sant’Albano Takes the Reins
Cushman & Wakefield has named Carlo Barel di Sant’Albano its interim CEO, replacing Glenn Rufrano, who will remain with Cushman during a transition period.…
NAREE Special Report: Apartment Rentals to Remain Healthy
Multi-family experts were optimistic about prospects for the sector at this morning’s midyear forecast at the National Association of Real Estate Editors conference in Atlanta. …
MAA, Colonial Properties Trust to Become One in $8.6B Merger
MAA and Colonial Properties Trust have made a multibillion-dollar pact that will change the rankings in the apartment REIT arena. …
Schorsch Strikes Again with Second GE Net Lease Deal for $1.5B
American Realty Capital Trust IV announced agreeing to buy from GE a 986-property retail portfolio for $1.45 billion.…
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