Pretium Partners raises  billion to acquire BTR homes: Bloomberg

Pretium Partners raises $1 billion to acquire BTR homes: Bloomberg

Real estate investment management firm Pretium Partners has raised nearly $1 billion for a new fund dedicated to acquiring built-to-rent (BTR) homes, Bloomberg reported on Tuesday. The company led by former Goldman... Read more »
Blackstone to acquire Tricon for .5 billion 

Blackstone to acquire Tricon for $3.5 billion 

Private equity giant Blackstone is set to acquire Tricon Residential in a deal valued at around $3.5 billion, the company announced last week. Blackstone entered an agreement to acquire all outstanding common... Read more »
NAF in talks to acquire Draper & Kramer Mortgage Corp.: sources 

NAF in talks to acquire Draper & Kramer Mortgage Corp.: sources 

Top-35 mortgage lender New American Funding (NAF) is in negotiations to acquire Chicago-based retail shop Draper & Kramer Mortgage Corp. (DKMC), multiple sources told HousingWire. The sources said negotiations are in the... Read more »
Japanese builder Sekisui House to acquire MDC for .9B

Japanese builder Sekisui House to acquire MDC for $4.9B

Japanese homebuilder Sekisui House, Ltd. has struck a deal to acquire its U.S.-based peer M.D.C. Holdings, Inc. in an all-cash transaction that values the target at $4.9 billion, the companies announced Thursday.  The acquisition turns Sekisui... Read more »
Guild reports higher profits in Q3, plans to acquire purchase lenders 

Guild reports higher profits in Q3, plans to acquire purchase lenders 

California lender Guild Mortgage reported an increased profit in the third quarter despite high mortgage rates and limited home sales inventory.  The purchase-focused lender with a distributed retail model emphasized its growth... Read more »
CoStar poised to acquire UK-based residential portal OnTheMarket

CoStar poised to acquire UK-based residential portal OnTheMarket

CoStar Group, the parent company of real estate data giant CoStar, has made an offer to acquire OnThe Market, the third most visited residential property portal in the United Kingdom. The announcement... Read more »