M&A
confidence high
sentiment neutral
materiality 0.65
Sculptor Diversified REIT acquires remaining 13.6% interest in CapGrow Member for ~$38M
Sculptor Diversified Real Estate Income Trust, Inc.
- Acquired remaining 13.60% interest in CapGrow Member for approx. $38M, achieving 100% ownership of that entity.
- Transaction increases indirect controlling interest in CapGrow Holdings JV to 92.66%.
- CapGrow owns single-family homes leased to care providers for individuals with intellectual/developmental disabilities.
- Seller is an affiliate of the company's sponsor; Select Class common stock renamed to Class I-S.