Commercial Real Estate Direct Staff Report
Centerline Holding Co. is in talks to be acquired by Hunt Capital Partners, an affiliate of the Hunt Cos., which operates a significant real estate investment management operation.
Centerline's announcement that it was in talks to be acquired come just weeks after a Hunt affiliate had acquired some 40 percent of its common shares from Island Capital Group for $39 million in cash.
Island, which is led by investor Andrew Farkas, took a 41.1 percent stake in the company when it led its recapitalization in 2010. Big chunks of the remainder of the...
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