Category : Mergers and Acquisitions

CRE marketing firm acquired

REW Staff April 2, 2014 April 2, 2014

by REW StaffApril 2, 2014April 2, 20141236

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 industry sectors, and LVM Group to offer a much broader array of services....

Green Building Mergers and Acquisitions Property Managers

Direct Energy completes Hess biz buy

REW Staff December 17, 2013 December 17, 2013

by REW StaffDecember 17, 2013December 17, 20131375

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 non-core business to focus on funding drilling-and-exploration. HEM supplies natural gas...

Mergers and Acquisitions

EVO the new Winoker

REW Staff June 19, 2013 June 19, 2013

by REW StaffJune 19, 2013June 19, 20131055

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 acquisition are Ira Fishman, who serves as CEO, and Nathan Halegua and Josh Halegua, principals Fishman will focus on client relations and developing new business; Halegua will be involved with acquisitions; Halegua will devote his attention to management; and Moskowitz will supervise day-to-day operations and oversight of the leasing division.

Mergers and Acquisitions

Brookfield spins off new property company

REW Staff April 17, 2013 April 17, 2013

by REW StaffApril 17, 2013April 17, 20131202

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 of three main business units to be carved out by Toronto-based Brookfield Asset Management Inc, the others being Brookfield Renewable Energy Partners LP and Brookfield Infrastructure Partners LP.