Real Estate Archives

Morgan Properties to Acquire Dream Residential REIT in $354 Million All-Cash Deal

August 28, 2025 Chris Thompson

Morgan Properties announced on August 21, 2025, that it will acquire Dream Residential REIT in an all-cash deal valued at US$354 million. The purchase price of $10.80 per unit represents a 60% premium to Dream’s February 19 closing price and 18% above the August 20 price. The transaction adds 3,300 units to Morgan’s portfolio. The deal reflects ongoing consolidation in the multifamily sector as REITs face valuation discounts. Dream’s board unanimously approved the agreement, citing value creation for unitholders. Completion is expected in late 2025, pending approvals. [more]

Solving Wi-Fi’s Congestion Crisis with Edgewater’s Patented Technology

June 5, 2025 Sean Mason

Edgewater Wireless Systems (TSXV: YFI) developed Spectrum Slicing technology to address growing Wi-Fi congestion caused by the proliferation of connected devices. Its patented approach splits a single Wi-Fi channel into multiple streams, improving capacity, latency, and performance. Backed by successful pilots and strategic partnerships, Edgewater is releasing its next-generation solution and scaling production of its MLX 488 chip, integrating AI to optimize traffic. The Company’s IP value is estimated between $90 to $180 million, far above its current market cap. Positioned as a fabless semiconductor innovator, Edgewater is targeting enterprise, residential, and IIoT markets as Wi-Fi demands increase globally. [more]

Nordstrom Family Leads $6.25 Billion Go Private Deal

December 27, 2024 Chris Thompson

Nordstrom is set to go private in a $6.25 billion deal led by the Nordstrom family and Mexican retail giant Liverpool. Shareholders will receive $24.25 per share, a 42% premium to pre-deal speculation. The move aligns with industry trends, as department stores adapt to online competition and shifting shopping habits. Going private could provide Nordstrom greater flexibility, supported by Liverpool’s expertise in e-commerce and logistics. The deal, expected to close in the first half of 2025, requires shareholder and regulatory approval. Nordstrom will retain its headquarters, management team, and iconic brand identity. [more]

Unlocking Real-World Performance in Home Wi-Fi with Edgewater’s Spectrum Slicing Technology

Liberty Global Endorses Edgewater’s Technology to Improve Home Wi-Fi

April 3, 2023 Chris Thompson

In a recent webinar, Edgewater Wireless and Liberty Global discussed the challenges of congested Wi-Fi networks and how broadband operators can improve real-world performance and increase user capacity with Edgewater’s patented “spectrum slicing” technology. [more]

mCloud Releases Q2/21 Financial Results with Quarterly Revenue Up 44% Year-over-Year

August 20, 2021 Chris Thompson

mCloud Technologies, a leading AI-powered physical asset management solution provider, announced financial results for the second quarter ended June 30, 2021. Revenues increased by 44% compared to Q2/2020 and added 1,019 new connected assets to its managed portfolio. [more]

Easing of Pandemic Restrictions Accelerates mCloud’s Customer Onboarding & International Expansion

August 6, 2021 Chris Thompson

The easing of COVID pandemic restrictions has improved access to customer sites, and the pace of customer onboarding for mCloud is expected to accelerate in the US and Canada. The partnership with URBSOFT should help bring AssetCare™ to the oil & gas, retail, and real estate markets in the Middle East. [more]

R/E Tech Company Voxtur Raises C$35M to Fuel Growth

March 15, 2021 Michael Lacasse

Voxtur operated as iLOOKABOUT until earlier this year when it closed the C$87.6 million acquisition of Voxtur Technologies and renamed the company. Voxtur raised growth capital as it disrupts the residential property appraisals market in North America. Voxtur aims to add value for lenders and tax collectors through digital technologies and a synergistic software suite. [more]

AI-Driven Lending Platform Upstart IPO’s on NASDAQ and Jumps 47% on First Day

January 9, 2021 Jay Yi

Upstart Holdings, an AI-driven lending platform, launched its IPO at $20.00 per share on the NASDAQ at an approximate valuation of $1.5B. On the first day of trading, Upstart’s stock increased by 47% from the IPO price to $29.47 per share. [more]

LegalTech Company Dye & Durham to Acquire DoProcess for $530M

January 3, 2021 Jay Yi

Dye & Durham, a Canadian LegalTech company that recently launched an IPO, announced the acquisition of DoProcess for $530M. Shortly after, Dye & Durham announced another acquisition with a majority stake investment in Courthouse Solutions. [more]

Home Rental Platform Airbnb IPO’s on the NASDAQ at a $50B Valuation, Doubles on First Day

December 16, 2020 Jay Yi

This week, Airbnb, a U.S. technology company with a home rental platform, IPO’d on the NASDAQ under the ticker “ABNB”. Airbnb recently raised its IPO offering price to $68 per share, valuing Airbnb as much as $50 billion. [more]