Items Tagged with 'Mergers and acquisitions'

ARTICLES

  • Ready Capital merging with Owens Realty Mortgage

    Companies say combination will help grow commercial lending operations
    Ready Capital, a real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans, including agency multifamily, investor and bridge, is set to grow its lending platform through a merger with Owens Realty Mortgage.
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  • CoreLogic to buy out Symbility Solutions

    CoreLogic already owns 28% of company, now it's purchasing the remainder of its shares
    CoreLogic is buying Symbility Solutions, a subscription and cloud-based property insurance claims workflow solutions company. CoreLogic will acquire all outstanding stocks for C$0.165 per share in cash.
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  • RealPage acquisition spree continues, agrees to purchase Rentlytics

    This is RealPage's seventh acquisition since January 2017
    Real estate tech company RealPage has been on an acquistion tear of late, shelling out more than $1 billion to acquire several other companies in the real estate tech space. And now, RealPage is at it again. RealPage announced Friday that it agreed to buy software-as-a-service company Rentlytics for $57 million, its seventh acquisition since January 2017.
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  • WSJ: Lennar in talks to sell Rialto Capital to StonePoint Capital

    The largest homebuilder in the U.S. is looking to offload noncore assets
    Lennar is in advanced talks to sell its real-estate lending arm Rialto Capital to StonePoint Capital. According to the Wall Street Journal, the largest homebuilder in the U.S. is trying to shed weight in the face of headwinds dragging on the housing market’s performance.
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  • Taylor Morrison closes AV Homes acquisition

    Companies finalize deal worth nearly $1 billion
    National homebuilder and developer Taylor Morrison announced Tuesday it has finalized its acquisition of AV Homes. The deal, valued at close to $1 billion, marks a significant new phase in Taylor Morrison's growth strategy and expands its scale in five overlapping markets.
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  • Better Homes and Gardens Real Estate Paracle expands into Raleigh with acquisition

    Firm acquires three offices in Raleigh from Better Homes and Gardens Real Estate Go Realty
    Better Homes and Gardens Real Estate Paracle acquired three Raleigh, North Carolina, offices from fellow Better Homes and Gardens Real Estate Franchise network member Better Homes and Gardens Real Estate Go Realty. In its statement Paracle says it acquired the offices break into the market it calls the “Silicon Valley of the East,” because of its appeal to major tech corporations like Apple and Amazon.
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  • WSJ: Antitrust chief to slash merger review times

    Makan Delrahim intends to limit the review process for mergers to six months or less
    The Justice Department’s antitrust chief, Assistant Attorney General Makan Delrahim, said the department is going to significantly reduce the review time of proposed mergers, according to a report by Brent Kendall from the Wall Street Journal. According to data compiled by law firm Dechert LLP, the average duration of significant U.S. merger investigations has been about 10 months in recent years.
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  • Deasy Penner to buy out Podley Properties

    M&A activity continues to ramp up in the real estate industry as firms consolidate to compete
    Luxury real estate brokerage Deasy Penner will acquire Podley Properties to expand its presence in Southern California. The deal will create a sales force 300 strong spanning Southern California with an estimated annual sales volume of roughly $1.6 billion.
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  • News Corp’s Move acquiring Texas real estate startup Opcity for $210 million

    Company matches homebuyers and sellers with real estate agents
    Move, which is owned by media giant News Corp and operates Realtor.com for the National Association of Realtors, is about to grow its real estate empire by acquiring a Texas-based real estate technology startup that claims its technology can match qualified homebuyers and sellers with real estate agents in real-time. News Corp announced late Wednesday that Move is acquiring Opcity, which was founded in 2015, for $210 million.
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