11 Sep, 2024

MG Developer acquires Airport Regency for $36M; PARC Group acquires Tuxens

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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.

Residential property development company MG Developer Miami LLC acquired hotel operator Airport Regency Management Inc. from OPB Capital Group Fund 1 LLC for $36 million.

Residential and mixed-use communities developer The PARC Group Inc. acquired Denmark-based construction company Tuxens Aps.

Manga Hotels LP entered into a definitive agreement to acquire Canada-based commercial real estate company QuadReal Property Group LP.

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