COMMERCIAL REAL ESTATE Monogram Residential to Be Acquired by Greystar-Led GroupMonogram Residential Trust Inc. said Tuesday that it agreed to be acquired by Greystar Growth and Income Fund LP, an investment group led by Greystar Real Estate Partners LLC, in a deal valued at around $2 billion. Under the deal, Monogram stockholders will receive $12 a share, a premium of about 22% to Monogram’s closing price on Monday, the company said. Hotels Are Out, Offices Are In With Hong Kong DevelopersJust four years ago, a...

Source: Wall Street Journal July 05, 2017 17:59 UTC