Kennedy acquires Intercontinental Real Estate; Porter buys Soar Vacation Rental

S&P Global Market Intelligence presents a list of notable M&A transactions by North America-based real estate investors.

California-based Kennedy Wilson Inc. acquired Boston-based Intercontinental Real Estate Corp. for $71.8 million. National Industrial Advisory Group represented the seller in the deal.

Vacation homes management company Porter VRM LLC acquired Texas-based Soar Vacation Rental LLC.

In another deal completed last week, New York-based Akam Living Services Inc. acquired Florida-based Property Management Resources Inc., which manages homeowners associations and condominium properties.

Read the previous edition of Real Estate M&A Replay.