NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Retail Opportunity Investments Corp. (NASDAQ: ROIC) and its board of directors concerning the proposed acquisition of the company by Blackstone (NYSE: BX). Stockholders will receive $17.50 for each share of Retail Opportunity Investments stock that they hold.
Blackstone's acquisition of Retail Opportunity Investments Corp. highlights increased M&A activity in the retail real estate sector, raising speculation on future deals. Retail REITs have shown strong returns in 2024, driven by robust leasing, occupancy, and impressive Same Store Net Operating Income growth. Retail REITs now trade at or near Net Asset Value, reflecting improved market sentiment...
Hedge fund Brigade Capital is receiving a $300 million investment from Blackstone to help build its new private credit strategy and expand its collateralized loan obligations (CLO) platform, two people familiar with the matter said.
U.S. equity markets soared to record highs this week after President-elect Trump scored a surprisingly decisive election victory, including a likely "trifecta" of Republican legislative control in Congress. The outcome sparked powerful moves across global financial markets as investors priced in a combination of domestic-focused and "pro-growth" economic policies but also reflected concern over...
Not everything is perfect in REIT world. On the contrary, this is a sector in which you need to be very selective. Here are 5 types of REITs to avoid at all cost:
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Retail Opportunity Investments Corp. (NasdaqGS: ROIC) to Blackstone Inc. (NYSE: BX). Under the terms of the proposed transaction, shareholders of Retail Opportunity will receive $17.50 in cash for each share of Re...
Blackstone Real Estate on Wednesday entered into an agreement to take Retail Opportunity Investments Corp private in an all-cash transaction valued at about $4 billion, including debt.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.