We represented a joint-venture affiliate of a real estate investment and management firm in the $60 million purchase of an office building in Baltimore. This transaction included the acquisition of a sub-ground leasehold estate, under a master ground lease and complex PILOT-related issues.
$60 Million Acquisition of Baltimore Office Building
Client Type: Private Company
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Representing Tivity Health Inc. (Nasdaq: TVTY), a leading provider of healthy life-changing solutions, in their agreement to be acquired by funds managed by Stone Point Capital, with over $40 billion of assets under management; under the terms of the agreement, Tivity Health stockholders will receive $32.50 in cash per share, representing a total transaction value of $2.0 billion
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