End in Sight for REIT Privatization Wave?

Freed, Dan
June 2006
Investment Dealers' Digest;6/5/2006, Vol. 72 Issue 22, p12
Trade Publication
The article reports developments in real estate investment trusts privatization initiatives in the U.S. Blackstone Group has acquired CarrAmerica Realty Corp., which became the company's highest deal of 5.6 billion dollars. JER Partners LLC plans to acquire Jameson Inns Inc. for 371 million dollars. Michael Winer, portfolio manager at Third Avenue Funds company explained that some public-to-private deals would not succeed due to the anticipation of higher capitalization and interest rates.


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