Minto Group and Crestpoint Take Minto Apartment REIT Private for $18.00 per Trust Unit

Independence Realty Trust to Acquire Centerspace in $8.1 Billion Merger

September 9, 2026

Real Estate

Independence Realty Trust (IRT) and Centerspace entered into an all-stock merger agreement valued at approximately $8.1 billion in enterprise value. Centerspace shareholders will receive 3.8 IRT shares for each Centerspace share, and the transaction is expected to close as early as the fourth quarter of 2026, subject to shareholder approvals and other customary conditions.

CLV Group and GIC Privatize InterRent Real Estate Investment Trust

July 9, 2026

Real Estate

CLV Group Inc. and GIC Private Limited completed the all-cash privatization of InterRent Real Estate Investment Trust via Carriage Hill Properties Acquisition Corp. under a statutory plan of arrangement. InterRent unitholders received C$13.55 per unit, and InterRent is expected to be delisted from the Toronto Stock Exchange in early/mid-July 2026.

Brookfield Asset Management to Acquire Peakstone Realty Trust

February 2, 2026

Real Estate

Brookfield Asset Management (via a Brookfield private real estate fund/affiliate) entered into a definitive agreement to acquire all outstanding shares of Peakstone Realty Trust for $21.00 per share in an all-cash transaction valuing Peakstone at approximately $1.2 billion. The deal expands Brookfield’s industrial real estate platform and deepens exposure to industrial outdoor storage (IOS).

Morgan Properties Acquires Dream Residential REIT for $354M

November 19, 2025

Real Estate

Morgan Properties completed the all-cash acquisition of Dream Residential Real Estate Investment Trust for approximately US$354 million, privatizing the publicly traded Canadian REIT. The deal adds 15 multifamily communities (about 3,300 units) across Texas, Ohio, Kentucky and Oklahoma; unitholders received US$10.80 per unit and Morgan plans roughly $58 million in reinvestments across the portfolio.

Blackstone Real Estate Partners X Takes AIR Communities Private in ~$10 Billion Deal

June 28, 2024

Real Estate

Blackstone Real Estate Partners X agreed to acquire all outstanding common shares of Apartment Income REIT Corp. (AIR Communities) for $39.12 per share in an all-cash transaction valued at about $10 billion, including the assumption of debt. Blackstone planned to invest over $400 million to maintain and improve AIR’s rental housing communities, and the deal was expected to close in Q3 2024. The follow-on update states Blackstone has completed the privatization.

Blackstone Real Estate Partners Takes Tricon Residential Private at $11.25 Per Share

April 5, 2024

Real Estate

Tricon Residential Inc. said the Ontario Superior Court of Justice granted final approval for its previously announced statutory plan of arrangement to be taken private by Blackstone Real Estate Partners X and Blackstone Real Estate Income Trust, Inc. for US$11.25 per common share in cash. The transaction is expected to close in the second quarter of this year, subject to customary closing conditions including Investment Canada Act regulatory approval.