Mergers and Acquisitions

Direct Energy completes Hess biz buy

Direct Energy has completed its acquisition of Hess Corporation’s Energy Marketing Business (HEM). According to Hess, the total consideration was $1.2 billion. The company has now raised a total of $4.5 billion this year as it divests itself of...

EVO the new Winoker

The partnership of four New York real estate principals who acquired Winoker Realty in February has re-launched the brokerage as EVO Real Estate Group. Dana Moskowitz, the newly-named president of EVO, made the announcement. Her partners in the...

Brookfield spins off new property company

Brookfield Asset Management Inc. this week announced the completion of the spin-off of Brookfield Property Partners L.P., a newly-created company which owns substantially all of Brookfield’s commercial property assets. The spinoff is the last...

NGKF continues Americas expansion

Newmark Grubb Knight Frank (NGKF) announced that Utah’s leading commercial real estate services firm NAI West, a former affiliate of NAI Global, will do business as Newmark Grubb ACRES effective immediately.