News | Venture secures $1.46 billion CMBS loan for Plymouth Industrial REIT buyout
Makarora Management and Ares Alternative Credit Funds have secured a $1.46 billion CMBS loan to finalize their acquisition of Plymouth Industrial REIT, marking the largest single-borrower industrial CMBS transaction in two years. The acquisition, valued at $2.1 billion, involves 145 industrial properties across 11 states, covering 32.1 million square feet. Fitch Ratings noted the portfolio's strong leasing performance and its strategic location near major population centers.
Plymouth Industrial REIT Taken Private in $2.1B Deal
Makarora Management LP and Ares Alternative Credit funds have completed the acquisition of Boston-based Plymouth Industrial REIT, Inc. in an all-cash deal valued at approximately $2.1 billion. Plymouth stockholders approved the acquisition last week, and as a result, Plymouth will no longer be traded on any public securities exchange. Shareholders received $22.00 per share in cash for their holdings.
Greenberg Traurig Advises Makarora on Closing of $2.1B Plymouth Industrial REIT Acquisition
Greenberg Traurig, LLP represented Makarora Management LP in the completion of its $2.1 billion all-cash acquisition of Plymouth Industrial REIT, Inc., alongside Ares Alternative Credit funds. The deal, announced on October 24, 2025, closed on January 27, 2026. Plymouth shareholders received $22 per share, and the REIT will no longer be publicly traded.
Ares, Makarora Wrap Up $2.1B Plymouth Deal
Ares Alternative Credit Funds and Makarora Management have finalized the acquisition of Plymouth Industrial REIT for $2.1 billion, or $22.00 per share, in an all-cash transaction. This deal superseded a previous offer from Sixth Street Partners, which was higher at $24.10 per share. The acquisition highlights a significant increase in REIT merger and acquisition activity during the second half of 2025.
Makarora and Ares complete $2.1 billion acquisition of Plymouth Industrial
Makarora Management LP and Ares Alternative Credit funds have finalized their $2.1 billion all-cash acquisition of Plymouth Industrial REIT, Inc., with Plymouth shareholders receiving $22.00 per share. Following the deal, Plymouth Industrial REIT has been delisted from public exchanges. The acquisition comes amid a legal challenge from Redimere Advisors LLC regarding the merger.
Makarora Management LP Completes $2.1 Billion Acquisition of Plymouth Industrial REIT, Inc.
Makarora Management LP has finalized its all-cash acquisition of Plymouth Industrial REIT, Inc. for approximately $2.1 billion, with shareholders receiving $22.00 per share. With this acquisition, Plymouth Industrial REIT will no longer be publicly traded. The deal strengthens Makarora's position in the commercial real estate sector, supported by Ares Management Corporation, and involved several financial and legal advisors.
Plymouth Industrial REIT Announced Transfer or Voluntary Withdrawal of Listing
Plymouth Industrial REIT (PLYM) announced that its common stock was converted to cash due to mergers, and the company has requested NYSE to delist its stock and deregister it. Trading is expected to be suspended on January 28, 2026, after which the company plans to terminate registration and suspend reporting obligations by filing Form 15. This action follows an SEC filing on January 27, 2026.
Makarora Completes Acquisition of Plymouth Industrial REIT for $2.1 Billion
Makarora Management LP, in collaboration with Ares Alternative Credit funds, has finalized its acquisition of Plymouth Industrial REIT, Inc. for approximately $2.1 billion in an all-cash transaction. Plymouth shareholders received $22.00 per share, and the company's shares will no longer be publicly traded. Various financial and legal advisors assisted in the completion of this significant real estate deal.
Makarora Completes Acquisition of Plymouth Industrial REIT for $2.1 Billion
Makarora and Ares Alternative Credit funds have completed the acquisition of Plymouth Industrial REIT (PLYM) for approximately $2.1 billion. Plymouth shareholders will receive $22.00 per share in cash, and the company's shares will be delisted from public exchanges. This all-cash deal provides immediate liquidity for shareholders but removes future equity upside.
Plymouth Industrial REIT shareholders clear Makarora acquisition proposal
Plymouth Industrial REIT Inc. shareholders have approved the company's acquisition by Makarora, marking a significant step towards finalizing the transaction. This approval indicates strong investor support for the deal, which now awaits regulatory and other standard clearances. The acquisition aligns with a broader industry trend of consolidation, offering Plymouth shareholders liquidity and transitioning the company to private ownership to focus on long-term operations.
Plymouth Industrial REIT Shareholders Approve $2.1 Billion Buyout
Plymouth Industrial REIT shareholders have approved a $2.1 billion buyout by Makarora Management LP and Ares Alternative Credit funds. The deal, valued at $22.00 per share in cash, is expected to close around January 27, 2026, subject to customary closing conditions. Despite the merger's approval, a non-binding advisory proposal on executive compensation was voted down, and a legal challenge by Redimere Advisors LLC was denied.
Plymouth Industrial REIT stockholders approve $2.1 billion acquisition By Investing.com
Plymouth Industrial REIT stockholders have approved an all-cash acquisition by entities affiliated with Makarora Management LP and Ares Alternative Credit funds, valued at approximately $2.1 billion. The deal, which offers shareholders $22.00 per share, is expected to close around January 27, 2026. This acquisition represents a premium over Plymouth’s InvestingPro Fair Value, despite the company's relatively low P/E ratio.
Plymouth Industrial REIT stockholders approve $2.1 billion acquisition
Plymouth Industrial REIT stockholders have approved an all-cash acquisition by entities affiliated with Makarora Management LP and Ares Alternative Credit funds, valued at approximately $2.1 billion. Shareholders will receive $22.00 per share, representing a premium over the REIT's InvestingPro Fair Value. The transaction is expected to close around January 27, 2026.
Plymouth Industrial REIT Stockholders Approve Acquisition by Makarora
Plymouth Industrial REIT, Inc. announced that its stockholders have approved the all-cash acquisition of the company by entities affiliated with Makarora Management LP and Ares Alternative Credit funds. The transaction is valued at approximately $2.1 billion, including assumed debt, with stockholders receiving $22.00 per share. The acquisition is expected to close on or about January 27, 2026.
Plymouth Industrial REIT Stockholders Approve Acquisition by Makarora
Plymouth Industrial REIT stockholders have approved the all-cash acquisition of the company by entities affiliated with Makarora Management LP and Ares Alternative Credit funds. The deal is valued at approximately $2.1 billion, including the assumption of certain outstanding debt, with stockholders receiving $22.00 per share. The acquisition is expected to close around January 27, 2026, subject to customary closing conditions.
Plymouth Industrial REIT, Inc. Stockholders Approve All-Cash Acquisition by Makarora Management and Ares Alternative Credit
Plymouth Industrial REIT, Inc. stockholders have approved an all-cash acquisition by Makarora Management LP and Ares Alternative Credit funds for $22.00 per share, totaling approximately $2.1 billion. The acquisition, based on a merger agreement from October 24, 2025, is expected to close around January 27, 2026, pending customary conditions. Plymouth focuses on acquiring, owning, and managing industrial properties.
PLYM: Merger approved, compensation proposal rejected, and litigation resolved for January 27 closing
Plymouth Industrial REIT (PLYM) stockholders have approved the merger with PIR Industrial REIT, confirming the merger will close on January 27th. They also approved the adjournment proposal, but a non-binding compensation proposal was not approved. Litigation concerns have been resolved, clearing the way for the merger.
Plymouth Industrial REIT Announces Tax Treatment of 2025 Dividends
Plymouth Industrial REIT (NYSE: PLYM) has announced the tax treatment for its 2025 dividends to common stockholders. The company provided a detailed table outlining the total cash distribution per share, including the ordinary dividend, capital gain distribution, unrecaptured Section 1250 gain, and return of capital for each quarter of 2025. This information is crucial for shareholders for their tax reporting purposes.
Plymouth Industrial REIT, Inc. Announces Tax Treatment of 2025 Dividends for Common Stockholders
Plymouth Industrial REIT, Inc. has announced the tax treatment of its 2025 dividends for common stockholders, detailing the per-share distributions for the fiscal year. The total cash distribution per share for 2025 was $0.720, comprising $0.548565 as ordinary dividends and $0.171435 as return of capital, with no capital gain distributions. The company distributed these dividends quarterly, with consistent payments of $0.240 made on March 31, June 30, and September 30 of 2025.
Plymouth Industrial REIT faces legal challenge ahead of merger vote
Plymouth Industrial REIT (NYSE:PLYM) is facing a legal challenge from Redimere Advisors LLC ahead of its special stockholders' meeting on January 22 to vote on a proposed merger. Redimere alleges a breach of an engagement letter and initially sought to block merger payments, though it later clarified it does not aim to prevent the merger itself. Plymouth Industrial REIT considers the claims meritless and plans to defend against them, while simultaneously navigating a $2.1 billion acquisition by Makarora and Ares.
Plymouth Industrial REIT Faces Legal Challenge Amid Merger Plans
Plymouth Industrial REIT (PLYM) is facing a legal challenge related to its merger plans, with Redimere Advisors filing a complaint alleging breach of a November 2022 engagement letter. Redimere seeks to temporarily halt certain financial transactions, and a hearing on the motion is set for January 20, 2026. This information is based on an SEC filing from January 15, 2026.
Plymouth Industrial REIT faces lawsuit amid pending merger
Plymouth Industrial REIT (PLYM) is facing a lawsuit from Redimere Advisors LLC alleging breach of a 2022 engagement letter, seeking to restrict $60 million in merger proceeds. This comes as Plymouth Industrial REIT is set to merge with an affiliate of PIR Ventures LP, with a shareholder vote scheduled for January 22, 2026. Despite the legal challenge, the company denies the claims and expects the merger to proceed as planned, though TipRanks' AI Analyst, Spark, rates PLYM as "Neutral" due to mixed financial performance and high leverage, partially offset by attractive valuation and the M&A catalyst.
Merger suit targets $60M payment at Plymouth Industrial (NYSE: PLYM)
Plymouth Industrial REIT (NYSE: PLYM) is facing a new lawsuit regarding its previously announced merger with PIR Ventures LP. Redimere Advisors LLC has filed a complaint and an emergency motion in Massachusetts state court, seeking to direct $60 million from the merger agreement to an independent trustee during litigation, rather than to the company or its stockholders. A hearing on this motion is scheduled for January 20, 2026, though Redimere has clarified it is not trying to block the merger itself.
Plymouth Industrial REIT (NYSE:PLYM) Given Consensus Recommendation of "Hold" by Analysts
Plymouth Industrial REIT (NYSE:PLYM) has received a consensus "Hold" recommendation from analysts, with ten out of eleven firms issuing hold ratings and one a buy rating, resulting in an average 12-month target price of $21.00. The company recently reported an EPS miss of ($1.23) against a $0.47 consensus, although revenue estimates were beaten. Notably, significant insider selling occurred in December, with CEO Jeffrey Witherell and EVP James Connolly reducing their stakes by 25.7% and 33.1% respectively.
Liquidity Mapping Around (PLYM) Price Events
This article provides an AI-driven analysis of Plymouth Industrial Reit Inc. (NASDAQ: PLYM), indicating a neutral near and mid-term outlook with a potential long-term positive bias. It highlights a significant short setup with a 36.8:1 risk-reward ratio and outlines three distinct trading strategies tailored to different risk profiles. The analysis includes real-time signals, multi-timeframe insights, and institutional trading strategies for PLYM.
117,600 Shares in Plymouth Industrial REIT $PLYM Acquired by Tokio Marine Asset Management Co. Ltd.
Tokio Marine Asset Management Co. Ltd. has acquired a new stake of 117,600 shares in Plymouth Industrial REIT (PLYM) during Q3, valued at approximately $2.63 million, representing 0.26% of the company. This acquisition comes amid significant insider selling by the CEO and EVP in December, alongside Plymouth missing its consensus EPS estimate for the last quarter. Analysts currently rate the stock with a "Hold" consensus and a price target of $21.40.
Peregrine Capital Management LLC Has $653,000 Stake in Plymouth Industrial REIT $PLYM
Peregrine Capital Management LLC significantly reduced its stake in Plymouth Industrial REIT (NYSE:PLYM) by 91.7% in Q3, now holding 29,240 shares valued at $653,000. This divestment comes as company insiders, including the EVP and CEO, also sold substantial blocks of shares in December. Plymouth Industrial REIT missed its quarterly EPS estimates but exceeded revenue expectations, with analysts generally rating the stock as a "Hold."
Plymouth Industrial REIT Stock Hits 52-Week Low at $16.23
This article reports that Plymouth Industrial REIT (NYSE:PLYM) reached a new 52-week low of $16.23 during recent trading. This information is derived from an automated stock alert service.
Plymouth Industrial REIT (NYSE:PLYM) Short Interest Up 28.2% in December
Plymouth Industrial REIT (NYSE:PLYM) experienced a significant increase in short interest during December, rising by 28.2% to 1,894,037 shares. This growth comes amidst insider selling by CEO Jeffrey Witherell and EVP James Connolly, and a recent earnings miss, although revenue exceeded expectations. Analysts currently have a consensus "Hold" rating on PLYM with an average target price of $21.40.
Thrivent Financial for Lutherans Has $2.87 Million Stock Holdings in Plymouth Industrial REIT $PLYM
Thrivent Financial for Lutherans significantly reduced its stake in Plymouth Industrial REIT (NYSE: PLYM) by 52.5% in the second quarter, now holding 178,486 shares valued at $2.87 million. This follows recent insider selling by executives, including EVP James Connolly and CEO Jeffrey Witherell, who together sold shares worth approximately $4.61 million. The article also notes the company's recent earnings miss and a consensus "Hold" rating from analysts with an average price target of $21.40.
Insider Selling: Plymouth Industrial REIT (NYSE:PLYM) EVP Sells 59,376 Shares of Stock
Plymouth Industrial REIT's EVP, James Connolly, sold 59,376 shares of the company's stock for approximately $1.3 million on December 19th, reducing his stake by 33.06%. This sale follows the company's recent earnings report where it significantly missed EPS estimates despite beating revenue expectations. Analysts generally maintain a "Hold" rating for PLYM with a consensus price target of $21.40.
Precision Trading with Plymouth Industrial Reit Inc. (PLYM) Risk Zones
This article presents a precision trading analysis for Plymouth Industrial Reit Inc. (PLYM), highlighting a neutral near and mid-term outlook with a long-term positive bias. It identifies a 41.2:1 risk-reward setup targeting an 11.7% gain against a 0.3% risk, driven by a mid-channel oscillation pattern. The analysis further provides specific institutional trading strategies for various risk profiles, including long entry, breakout, and short hedging tactics with defined targets and stop losses.
Plymouth Industrial Reit Updates Executive Compensation Amid Merger
Plymouth Industrial REIT (PLYM) recently updated executive compensation arrangements following its announced merger, where it will become a wholly-owned subsidiary of PIR Ventures LP. The Board of Directors amended employment and severance agreements to align with the merger, increasing severance multipliers and approving accelerated vesting to mitigate potential tax burdens for key executives. An analyst maintains a Buy rating with a $24.50 price target, and TipRanks’ AI Analyst, Spark, also rates PLYM as Outperform due to strong technical indicators and an attractive valuation.
Plymouth Industrial REIT (NYSE: PLYM) revises change-in-control and accelerates executive awards
Plymouth Industrial REIT has revised its executive compensation structure in anticipation of its merger, amending employment agreements and increasing severance multipliers for its CEO, President/CFO, and EVP. To avoid "excess parachute payments" and mitigate tax implications under Sections 280G and 4999, the company accelerated approximately $17.6 million in bonuses, restricted stock, and performance stock units for these three executives into late 2025, subject to repayment and true-up provisions based on actual performance and merger closing. These changes aim to streamline severance, align compensation with market practices, and manage tax risks associated with the upcoming merger.
Stock Traders Buy High Volume of Plymouth Industrial REIT Call Options (NYSE:PLYM)
Stock traders recently showed an unusually high interest in Plymouth Industrial REIT (NYSE: PLYM) call options, with a 320% increase in volume compared to typical activity. This surge in bullish options trading occurs despite mixed fundamentals, including recent analyst downgrades, a missed EPS estimate, but revenue slightly beating expectations. The company, trading near $21.94, maintains a Hold consensus rating with a $21.40 target price, pays a quarterly dividend, and is predominantly held by institutional investors.
Plymouth Industrial REIT to Be Acquired by Makarora for $2.1 Billion
Plymouth Industrial REIT (NYSE: PLYM) has agreed to be acquired by Makarora Management LP and Ares Alternative Credit funds for $22.00 per share in an all-cash transaction valued at approximately $2.1 billion, including assumed debt. This represents a 50% premium to Plymouth's unaffected closing common stock price on August 18, 2025. The deal is expected to close in early 2026, pending shareholder and regulatory approvals, and includes a 30-day "go-shop" period.
SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Plymouth Industrial REIT, Inc. (NYSE: PLYM)
Monteverde & Associates PC, a class action law firm, has launched an investigation into Plymouth Industrial REIT, Inc. (PLUM) following its proposed sale to affiliates of Makarora Management LP. Shareholders are set to receive $22.00 per share in cash. The firm is investigating whether this offer constitutes a fair deal for Plymouth shareholders.
News | Plymouth Industrial REIT agrees to go private in $2.1 billion deal
Plymouth Industrial REIT will be acquired by Makarora Management and Ares Management in a $2.1 billion all-cash deal, taking the company private. This acquisition, priced at $22 per share, represents a 50% premium over Plymouth's stock price prior to an earlier nonbinding offer from Sixth Street Partners. The deal includes a 30-day "go-shop period" for Plymouth to solicit other acquisition proposals and is expected to close early next year.
Why Plymouth Industrial REIT Inc. stock is a must watch ticker - Market Volume Report & Long-Term Safe Investment Plans
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Why Plymouth Industrial REIT Inc. stock is a must watch ticker - 2025 Earnings Surprises & AI Powered Trade Plan Recommendations
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AIP Realty Trust Announces Securities Purchase Agreement to
AIP Realty Trust announced a securities purchase agreement to acquire AllTrades Industrial Properties, LLC for an expected up to US$78,700,000, aiming to expand its portfolio of Service Industrial Business Suites (SIBs) across the Sunbelt States. Concurrently, AIP closed an investment deal with Plymouth Industrial OP, LP, a subsidiary of Plymouth Industrial REIT, Inc., where Plymouth purchased OP Units for US$2,200,000 to help fund the AllTrades Transaction costs. The AllTrades Transaction is subject to customary closing conditions, including TSX Venture Exchange and unitholder approvals, and is anticipated to constitute a "Reverse Takeover."
Plymouth REIT scores $250M investment in resurgent industrial market
Plymouth Industrial REIT secured a $250 million investment from Sixth Street Partners, primarily for its Chicago-area industrial portfolio. This deal provides Plymouth with significant reinvestment capital for acquisitions and debt reduction, despite a nationwide slowdown in industrial property sales due to rising interest rates. The investment highlights continued strong demand for industrial spaces, particularly in the Chicago market.
Plymouth Industrial REIT Announces Strategic Partnership with Sixth Street
Plymouth Industrial REIT announced a strategic partnership with Sixth Street, securing approximately $500 million in capital to pursue acquisitions and accelerate earnings growth. Sixth Street will provide $250 million of capital through a 65% joint venture ownership of Plymouth's Chicago portfolio and a non-convertible preferred equity investment. This partnership is expected to be leverage-neutral and allows Plymouth to fund growth without exclusive reliance on public equity markets.
Latham & Watkins Advises on Sixth Street Partners' US$250 Million Strategic Investment in Plymouth Industrial REIT
Latham & Watkins LLP advised Sixth Street Partners in a US$250 million strategic investment in Plymouth Industrial REIT (NYSE: PLYM). This investment will provide significant, long-term growth capital to Plymouth, enabling it to fund additional growth on a leverage-neutral basis in key industrial markets. The multidisciplinary Latham & Watkins team was led by New York partner Douglas Heitner and Orange County partner Nima Movahedi.
‘U.S. Manufacturing Revival’ Greatest Potential for Growth at Plymouth Industrial REIT
Jeff Witherell, co-founder and CEO of Plymouth Industrial REIT, highlighted the "U.S. manufacturing revival" as the primary growth driver for the company over the next 5-10 years, particularly within the Golden Triangle region. He also noted that Plymouth Industrial REIT is well-positioned to handle market financing challenges due to its strong leverage profile with over 90% of debt fixed for the coming two years. Leverage and the manufacturing revival are key topics frequently discussed with investors.
Plymouth Industrial REIT Announces Tax Treatment of 2022 Dividends
Plymouth Industrial REIT (NYSE: PLYM) announced the tax treatment of its 2022 dividends for common stockholders and 7.50% Series A Cumulative Redeemable Preferred Stock. The announcement includes detailed tables outlining cash distributions, total distributions allocable to 2022, ordinary dividends, and return of capital per share for each record and payment date. The company also stated that Form 8937, Report of Organizational Actions Affecting Basis of Securities, is available on its website.
Plymouth Industrial wants to build four warehouses in South Jacksonville
Plymouth Industrial REIT Inc. plans to construct four new warehouses across two business parks in South Jacksonville, including Salisbury Business Park and Liberty Business Park. These developments aim to meet high demand for flex-industrial tenants in the Butler corridor, fully building out both properties. The Boston-based REIT acquired the business parks in 2018 and has since expanded its Jacksonville portfolio to over 1.6 million square feet.
InMotion moves HQ to Las Vegas
InMotion Entertainment Group LLC, an airport electronics seller founded in Jacksonville 24 years ago, has moved its headquarters to Las Vegas following a merger with Marshall Retail Group, a sister division under WH Smith PLC. The move means Jacksonville has lost a corporate headquarters, with InMotion's former office space now available for lease. The relocation stems from a 2018 acquisition by London-based WH Smith PLC and a subsequent merger of its InMotion and Marshall Retail Group divisions.
Boston-based real estate firm to add Memphis office
Plymouth Industrial REIT Inc., a Boston-based real estate firm, plans to expand its presence in Memphis by opening a new office near Poplar Avenue. This move is intended to enhance interaction with their tenants and further grow their footprint in the area. The company's cofounders, Pendleton White Jr. and Jeff Witherell, are leading this strategic expansion.
Plymouth Industrial REIT Appoints Anthony Saladino as Chief Accounting Officer
Plymouth Industrial REIT, Inc. announced the appointment of Anthony Saladino as its Chief Accounting Officer, recognizing his significant contributions since joining in October 2020. Saladino brings extensive experience in finance and accounting from various publicly traded and private real estate firms, including EY, AFIN, NYC REIT, The Ryland Group, and The High Companies. Additionally, the company promoted Kimberly Maidment to Director of ESG, who will lead their environmental, social, and governance reporting efforts.
