Plots & Ploys
Colorado's Oakwood Homes is purchasing Henry Walker Homes in a deal valued at over $75 million. The deal is a sign that home builders are deciding the best way to expand into a new market is to buy your way in.
Ruling Bodes Well for REIT Converts
News that advertising company CBS Outdoor has received a green light from the IRS to convert into a real-estate investment trust is a positive sign for other companies awaiting similar rulings.