{
  "id": 557556,
  "title": "H&R REIT to sell assets to GO Residential, others in $6.7 billion deal",
  "url": "https://urgent.news/2026/08/11/h-r-reit-to-sell-assets-to-go-residential-others-in-6-7-billion-deal",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T10:53:54.000Z",
  "source": {
    "name": "Winnipeg Free Press",
    "slug": "winnipeg-free-press",
    "url": "https://www.winnipegfreepress.com/business/2026/08/11/hr-reit-to-sell-assets-to-go-residential-others-in-6-7-billion-deal"
  },
  "original_language": "en",
  "account": "H&R Real Estate Investment Trust has agreed to sell all of its assets for approximately $6.7 billion to GO Residential Real Estate Investment Trust and a group of investors, including U.S. private equity firm Blackstone Inc. The deal encompasses a portfolio of 27 properties and nearly 10,300 units across seven Sunbelt markets and New York. Upon completion, H&R will own a 66.9% stake in the combined entity, GO REIT, on a pro forma basis. The transaction aims to streamline H&R's portfolio and concentrate on high-quality residential assets while delivering a substantial ownership stake to existing unitholders. With the deal expected to finalize in the fourth quarter of the current year, it must secure approval from unitholders, courts, and regulators. H&R initiated discussions with Blackstone in June following inquiries from securities regulators, following media reports about a potential sale.",
  "summary": null,
  "key_points": [
    "H&R REIT sells assets for $6.7B to GO Residential and Blackstone",
    "Portfolio includes 27 properties and 10,300 units in Sunbelt and NYC",
    "Deal finalizes in Q4, pending unitholder, court, and regulator approval"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}