From today’s Dealbook email:

REIT mergers and acquisitions have reached record levels this year. Some 22 transactions totaling $102.8 billion, including debt, have been announced according to the research company SNL Financial, compared with 11 deals valued at $28.8 billion for all of last year and a total of $92 billion in transactions for the last six years combined.

  • Go to Article from The New York Times
  • Also noteworthy, Dealbook has an entire section on the happenings in Real Estate M&A for those of you following the REIT story closely…

    It seems like the vogue thing today to buy any steady-stream of cash producing asset like real estate (even skyscrapers), leverage to the hilt, package and sell the asset and debt, and in the process reap the rewards. The impact to publicly traded REITs is obvious from a liquidity analysis standpoint (a la TrimTabs) — everything keeps going up!