Mergers and Acquisitions

By Al Barbarino 4/08 2:03pm

Related Companies Forms Strategic Partnership With Boston-Based Beal

Real estate development and investment firms Related Companies and Boston-based The Beal Companies, LLP have formed Related Beal, putting a name on an existing 10-year partnership that will push ahead towards growth opportunities in the Boston area.

The firms first partnered on two Boston-based residential developments several years ago, One Back Bay and The Clarendon; and they are currently collaborating on the redevelopment of Lovejoy Wharf and Converse’s U.S. Headquarters.

“We are delighted to formalize our partnership with Related Companies,” brothers Bruce and Robert Beal, chairman and president of Related Beal, respectively, said in joint statement. “Through Related Beal we will be able to expand our capabilities and our appetite for new development and acquisition deals, as well as better leverage Related’s vast access to capital and expertise.” Read More

By Gus Delaporte 4/04 4:15pm

Mergers and Acquisitions

ABS Partners and PBS Real Estate Announce Merger

ABS Partners Real Estate and PBS Real Estate have merged, it was announced yesterday. The news follows the announcement earlier this week that Laura Pomerantz, founding partner of PBS Real Estate, has launched her own eponymous firm.

The two parties began talking about a potential merger in early February, Gregg Schenker, co-managing partner and president of ABS Partners, told The Commercial Observer. PBS Real Estate employees moved to ABS Partners’ Union Square office yesterday. Read More

By Carl Gaines 8/28/12 7:30am

Mergers and Acquisitions

M&T Bank Set to Acquire Hudson City Bancorp for $3.7 Billion

M&T Bank said Monday that it had entered into a definitive agreement to acquire Hudson City Bancorp for $3.7 billion in stock and cash. The acquisition will see Hudson City merge into an M&T subsidiary—giving M&T access to 135 new branch locations in New Jersey, New York and Fairfield County, Conn. The deal would make for the largest bank merger of 2012 so far. Read More

By Daniel Geiger 2/21/12 3:43pm

Mergers and Acquisitions

BGC Partners Acquires Grubb & Ellis

BGC Partners announced late Monday night that the firm, which last year expanded into the real estate services business by buying Newmark Knight Frank, is further growing in the industry by acquiring the California based company Grubb & Ellis. Read More