Story perspectives
Morgan Properties to Acquire Dream REIT for $354 Million
8/22/2025
37 5
1 of 1
Story summary
- Morgan Properties will acquire Dream Residential REIT for about $354 million USD, concluding its strategic review.
- Unitholders will receive $10.80 USD per unit, reflecting a 60% premium from February's closing price.
- The deal is anticipated to close in late 2025, subject to regulatory approvals.
- Dream manages 3,300 units across 15 properties, mainly located in the Sunbelt and Midwest.
