Updated Tuesday, June 18, 2013 as of 3:54 AM ET
First Allied to Be Acquired by RCAP
First Allied Holdings, an independent broker-dealer, is set to be acquired by a private equity company.
RCAP Holdings, a New York holding company managed by Nicholas Schorsch, William Kahane, Michael Weil, Peter Budko and Brian Block, announced Wednesday it signed a definitive merger agreement to buy all of the outstanding equity of First Allied.   more »
More in REITs
In a low-yield environment, payouts of 4% to 6% have many investors thinking about increasing their exposure to real estate. more »
Starts Proceed Investment Co., a Tokyo-based real estate investment trust, plans to acquire about 10 billion yen ($107 million) of apartments as early as May, the most since 2008. more »
Experts are banking on continued strong performance and cash flows from real estate investment trusts. more »
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