Plymouth Industrial is making the pivot from public to private after inking a merger. Makarora Management and Ares Alternative Credit agreed to acquire all outstanding shares of the Boston-based real estate investment trust’s common stock and limited partnership interests for $22 per share, Plymouth announced. The all-cash deal values Plymouth at $2.1 billion, including outstanding debt. Sixth Street Partners submitted an unsolicited takeover bid for the company in mid-August; Makarora and ...| Latest New York Real Estate News
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Vanbarton has five conversion projects in Manhattan with more than 2,200 units, as expiration of the main tax incentive looms.| The Real Deal
Wistron InfoComm USA, a U.S. subsidiary of Wistron, bought a 324,600-square-foot facility from Trammell Crow Company.| The Real Deal
Get the inside scoop on real estate news. Know the key developments in the market that can impact your property investments.| The Real Deal
Real estate impresario Michael Shvo, who embodied the excess of the last boom, burst onto the development scene last spring with three high-profile projects.| The Real Deal
Howard Michaels in his office at 560 Lexington Avenue last month. Thirty-four years ago, Howard Michaels was knocking on doors in the 2.3 million-square-foot Starrett-Lehigh office building, hawking copy machines for the 3M Company. "I was making bupkis," Michaels recalled. Those days are undoubtedly over. In 2004, he arranged a $219 million recapitalization of that same building, earning a seven-figure commission for his company, a real estate investment advisory firm known as the Carlton Gr...| The Real Deal
Flagstar Financial reported the smallest loss since 2023 amid sales of rent-regulated loans to Cantor Fitgerald and Lone Star Funds| The Real Deal
Flagstar Financial, formerly New York Community Bank, sold $142 million in rent-stabilized loans to Cantor Fitzgerald.| The Real Deal
Rafael Viñoly, the famed Uruguayan architect who shaped skylines in London, New York City and Seoul, died Friday at age 78.| The Real Deal
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