Mergers and Acquisitions

STEVE POWEL

Stone Point buys Situs from WL Ross

Situs, a global provider of commercial real estate (CRE) advisory services, has agreed to be acquired by funds managed by Stone Point Capital LLC, a private equity firm. Stone Point is acquiring the stake in the company from Ranieri Partners and WL...

Cassidy Turley's New York office is at 277 Park Avenue

TPG Capital in talks to take over Cassidy Turley

Private equity firm TPG Capital is in talks to buy the commercial brokerage Cassidy Turley, according to a report in Crain’s. It wasn’t clear how much the Texas-based firm was willing to pay or how far the negotiations had come. Crain’s based...

Dubai investors take stake in hospitality group

Investment Corporation of Dubai (ICD) today announced that it has completed the purchase of a significant equity interest in the leading international developer and operator of destination resorts and luxury hotels, Kerzner International Holdings...

CRE marketing firm acquired

Didit, a digital advertising and marketing company based in Mineola, NY, has acquired LVM Group, a Manhattan-based public relations firm. This acquisition enables Didit to expand its public relations presence to New York City and penetrate new...

COPYRIGHT 2015 REAL ESTATE WEEKLY. ALL RIGHTS RESERVED.