Hail Caesar, CoStar's M&A Mania & a ZOMbie Developer
About this episode
The episode discusses Tilman Fertitta's acquisition of Caesars, CoStar's purchase of Zonda, and the potential bankruptcy of ZOM Living, along with various industry news updates.
This week, we look at Texas billionaire Tilman Fertitta’s $18B megadeal for the Caesars entertainment empire - this is really an excuse for us to talk Tilman, one of the industries "C"haracters. Next, we dive into CoStar’s $800M acquisition of home-data firm Zonda – part of Andy Florance’s quest to control every piece of data in the real estate universe. And finally, it might be curtains for prominent multifamily developer ZOM Living , who we’re told is prepping a bankruptcy filing. Plus, our Punch List rundown of the newsiest industry news: NYC rips, S2's special servicing, Fisher Island fracas, Brookfield bombs again, and banks are back! Sponsors: 1) This episode is supported by Bravo Capital , a leading HUD and bridge lender. See how their precision underwriting means quicker approvals and higher proceeds for sponsors. And check out their must-read SNF primer here . 2) This episode is supported by LoanBoss , the industry-leading debt management software. Featuring one-click covenant testing, instant cash flow forecasting, and our favorite nerdy delight: Live forward curves! 3) This episode is supported by Real Property Captive , the first group captive insurance for mid-market…
Topics covered
- M&A
- real estate
- bankruptcy
- industry news
- data acquisition
Keywords
- Tilman Fertitta
- Caesars
- CoStar
- Zonda
- ZOM Living
- M&A
- real estate
- bankruptcy
- industry news
Sponsors
Bravo Capital, LoanBoss, Real Property Captive
Mentioned in this episode
Organizations: Caesars entertainment, CoStar, Zonda, ZOM Living
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