18 Sep, 2024

Melcor Developments to acquire Melcor REIT; VaLogic buys Facility Logix

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By Meerub Anjum


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

Canada-based Melcor Developments Ltd. entered into a definitive agreement to acquire the remaining 44.6% stake in Melcor REIT LP, a real estate investment trust focused on retail, office and industrial properties for $47.3 million.

VaLogic LLC, a life sciences compliance provider, acquired the Maryland-based real estate services company Facility Logix LLC.

An investor group comprising Morguard Corp. and InnVest Hotels Holding agreed to acquire the hotel operator Morguard Hotels Ltd.

Arizona-based real estate developer Larsen Baker LLC acquired commercial property manager Romano Real Estate.

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