Dream Finders Homes, having completed its acquisition of Beazer Homes USA, began private exchange offers and consent solicitations for Beazer's 7.500% 2031 and 8.000% 2032 senior notes.
New platform M&E Realty Partners, formed by Epta Development and Maynards, acquired an 835,000-square-foot industrial facility in Shelbyville, Kentucky.
Dream Finders Homes has completed its all-cash acquisition of Beazer Homes at an enterprise value of about $2.2 billion. Beazer shareholders received $33.50 in cash per share, and Beazer's stock has been delisted from the New York Stock Exchange.
CBRE Group agreed to acquire Onnec Group, which provides data center infrastructure services to big tech companies in Europe and Asia Pacific. The initial cash price is £460 million (about $610 million), and the parties agreed to additional terms.
Hospitality investor TKO LLC publicly called on Service Properties Trust to engage on its October 7 written offer to buy SVC's hotel portfolio for $2.0 billion in cash, saying it has had no meaningful response. TKO says it will put $50 million in escrow once SVC signs an NDA, and it is open to a competitive sale process.
Beazer Homes stockholders voted overwhelmingly to approve the company's acquisition by Dream Finders Homes at a special meeting. The deal already received early termination of the antitrust waiting period, so the vote clears one of the final requirements to close.
Brookdale completed its roughly $157M purchase of 17 formerly leased senior living communities and agreed to buy 30 more leased communities from Welltower.
Hospitality investment firm TKO has submitted a formal written offer to buy Service Properties Trust's entire hotel portfolio for $2.0 billion in cash. The offer is subject to definitive documentation and customary closing conditions. TKO says the deal would give SVC liquidity to cut debt and turn it into a pure-play net lease retail REIT.
Slate Asset Management and One Investment Management agreed to acquire eight grocery-anchored retail parks in the Greater Oslo region from Tellus Eiendom AS, valued at about €250 million.