See which Scottsdale REIT was acquired this week

Favicon Phoenix Business  Journal

Starwood Waypoint Homes, a Scottsdale-based real-estate investment trust, merged this week with Invitation Homes in a deal that will birth a colossal single-family rental home owner with an $11 billion market capitalization and a whopping 82,000 homes in over a dozen metro areas. The new company will operate under the Invitation name. The tax-free, all-stock merger will convert each Starwood Waypoint share to 1.614 Invitation shares. "This deal reflects another part of the maturation of the single-family...

Read the full article here: Phoenix Business Journal


The post: «See which Scottsdale REIT was acquired this week» has been published on the website Phoenix Business Journal where, everyday, you can find the latest news about Phoenix's area.



Get more articles about this topic

Leave a comment