Health Care REIT to Offer Shares

Yesterday, Health Care REIT announced their buyout acquisition of Sunrise Senior Living Inc. should raise the value of those properties soem $1.3 billion dollars, from $1.9 billion to a projected $3.2 billion from. The real estate investment trust announced late in August they would buy Sunrise for an estimated $1 billion at $14.50 per share.

Real Estate Management Software Firm Bought Out by IBM

IBM yesterday announced it will buy out the Tririga Inc. software firm, which produces real estate management applications, for a sum that has been undisclosed.

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