Pretium, Ares Management to acquire Front Yard Residential for $2.4bn
Pretium and funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management will acquire Front Yard Residential, a US Virgin Islands-based real estate investment trust company, for nearly $2.4 billion, including debt. According to the definitive agreement signed between the parties, the shareholders of Front Yard Residential will receive $13.50 in […]