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Real Estate Technology

PS BUSINESS PARKS, INC. STOCKHOLDERS APPROVE ACQUISITION BY AFFILIATES OF BLACKSTONE REAL ESTATE

PS Business Parks | July 16, 2022

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PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) announced that, at a Special Meeting of Stockholders held earlier today, PSB stockholders voted to approve the acquisition of PSB by affiliates of Blackstone Real Estate (“Blackstone”). “I am pleased to see that our stockholders approved this transformative transaction, which will provide compelling value to our stockholders and positions the company for coll...

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Real Estate Technology

PS BUSINESS PARKS, INC. ANNOUNCES EXPIRATION OF “GO-SHOP” PERIOD CONTAINED IN PREVIOUSLY ANNOUNCED MERGER AGREEMENT

PS Business Parks | May 31, 2022

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PS Business Parks, Inc. announced the expiration of the “go-shop” period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate, dated as of April 24, 2022 (merger agreement). Under the terms of the merger agreement, Blackstone has agreed to acquire all the outstanding shares of the Company’s common stock for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion, including transaction expenses. The...

Read More

Real Estate Technology

APPRAISALWORKS INNOVATES NEXT-GENERATION REAL ESTATE APPRAISAL MANAGEMENT TECHNOLOGY PLATFORM

AppraisalWorks | August 25, 2021

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AppraisalWorks, a leading provider of real estate appraisal technology, today announced innovations to its flagship appraisal management technology platform. The AppraisalWorks™ platform is designed to streamline the real estate appraisal process, helping lenders and servicers achieve lower costs, faster turn times and greater transparency. The technology platform is patented under U.S. Patent 10,635,999. The latest enhancements to AppraisalWorks further autom...

Read More

Real Estate Technology

IRA ZLOTOWITZ REVOLUTIONIZING COMMERCIAL MORTGAGE BUSINESS WITH LAUNCH OF GPARENCY

GPARENCY | November 23, 2021

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With an eye to the future of the commercial mortgage industry, Ira Zlotowitz, renowned for his success founding and leading Eastern Union, a national commercial mortgage brokerage company, today announced the launch of a new game-changing service, GPARENCY, to help clients go directly to the bank. GPARENCY is oversubscribed, raising the maximum of $15 million in venture-backed capital from over 125 real estate professionals and engaged strategic partners (including Customers Bank)...

Read More
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Real Estate Technology

PS BUSINESS PARKS, INC. STOCKHOLDERS APPROVE ACQUISITION BY AFFILIATES OF BLACKSTONE REAL ESTATE

PS Business Parks | July 16, 2022

PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) announced that, at a Special Meeting of Stockholders held earlier today, PSB stockholders voted to approve the acquisition of PSB by affiliates of Blackstone Real Estate (“Blackstone”). “I am pleased to see that our stockholders approved this transformative transaction, which will provide compelling value to our stockholders and positions the company for coll...

Read More
news image

Real Estate Technology

PS BUSINESS PARKS, INC. ANNOUNCES EXPIRATION OF “GO-SHOP” PERIOD CONTAINED IN PREVIOUSLY ANNOUNCED MERGER AGREEMENT

PS Business Parks | May 31, 2022

PS Business Parks, Inc. announced the expiration of the “go-shop” period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate, dated as of April 24, 2022 (merger agreement). Under the terms of the merger agreement, Blackstone has agreed to acquire all the outstanding shares of the Company’s common stock for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion, including transaction expenses. The...

Read More
news image

Real Estate Technology

APPRAISALWORKS INNOVATES NEXT-GENERATION REAL ESTATE APPRAISAL MANAGEMENT TECHNOLOGY PLATFORM

AppraisalWorks | August 25, 2021

AppraisalWorks, a leading provider of real estate appraisal technology, today announced innovations to its flagship appraisal management technology platform. The AppraisalWorks™ platform is designed to streamline the real estate appraisal process, helping lenders and servicers achieve lower costs, faster turn times and greater transparency. The technology platform is patented under U.S. Patent 10,635,999. The latest enhancements to AppraisalWorks further autom...

Read More
news image

Real Estate Technology

IRA ZLOTOWITZ REVOLUTIONIZING COMMERCIAL MORTGAGE BUSINESS WITH LAUNCH OF GPARENCY

GPARENCY | November 23, 2021

With an eye to the future of the commercial mortgage industry, Ira Zlotowitz, renowned for his success founding and leading Eastern Union, a national commercial mortgage brokerage company, today announced the launch of a new game-changing service, GPARENCY, to help clients go directly to the bank. GPARENCY is oversubscribed, raising the maximum of $15 million in venture-backed capital from over 125 real estate professionals and engaged strategic partners (including Customers Bank)...

Read More