An investor group led by Affinius Capital and Vista Hill Partners has finalised a 3.5 billion dollar all-cash takeover of Veris Residential. The transaction transitions the former real estate investment trust into private ownership. The deal secures a portfolio of 6,581 premium apartment units located primarily along the strategic Hudson River waterfront across from Manhattan and throughout the northeastern United States.
Wold Architects & Engineers has acquired Nashville-based architecture firm JJCA. The move strengthens both firms' ability to serve communities across the United States by combining Wold’s extensive engineering resources with JJCA’s deep expertise in healthcare and education design. Leadership from both companies will remain actively involved to ensure continuity for existing clients.
Two of America's largest listed apartment owners have agreed a massive all-stock merger to create a multifamily housing powerhouse. The deal between AvalonBay Communities and Equity Residential will create an entity managing over 180,000 rental properties with a combined enterprise value of $69 billion. The transaction will combine major development pipelines and technology systems to drive major corporate efficiencies across the United States.
The Scion Group and Ares Management have established a strategic partnership to invest in US student housing, launching with a $910 million portfolio acquisition. The deal covers 12 properties and 7,578 beds serving premier American universities. This transaction boosts Scion's total portfolio above 105,000 beds, establishing the firm as the world's largest owner of off-campus student accommodation.
Modon Holding has partnered with Montage Hotels & Resorts to launch a luxury resort and residential development on Egypt's Mediterranean coast. The project will feature 200 rooms alongside 96 exclusive branded villas for purchase within the Wadi Yemm precinct. Serving as part of the USD 35 billion Ras El Hekma mega project, the development introduces high-end international hospitality to the region.
Global Net Lease has signed a definitive agreement to acquire Modiv Industrial in an all-stock deal valued at $535 million. The merger strengthens GNL’s industrial portfolio and is expected to close in the third quarter of 2026. Modiv stockholders will receive a 17 per cent premium and a 25 per cent increase in annual dividends.
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