Alternative investment firm Blackwells Capital and its affiliates made an unsolicited offer to buy the portion of industrial property owner Monmouth Real Estate Investment Corp. it doesn't already own for about $1.76 billion in cash in a bet the company could be more profitable if it were taken private.
Blackwells Capital Bids $1.76 Billion in Cash to Take Monmouth REIT Private
New Jersey-Based Industrial REIT Rejected a Previous Private Offer
CoStar News
December 21, 2020 | 5:20 P.M.
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IN THIS ARTICLE
- Companies
- Blackwells Capital
Finance and Insurance
- Monmouth Real Estate Investment Corporation
Real Estate