Tag Archives: real estate

Matson To Sail Free From Alexander & Baldwin

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Alexander & Baldwin(ALEX) announced plans this morningto spin off Matson, its ocean transportation and domestic logistics company.  Alexander & Baldwin, which has owned Matson since 1969, is the 4th largest private landowner in Hawaii, where it owns 88,000 acres.  A & B is the largest farmer in the state, a developer of condos and other projects, and owns… Read More »

Sun Healthcare Looks To Find Value In Its Real Estate

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Sun Healthcare Group Inc. (SUNH) recently announced their intention to split the company into two – a real estate operating company (Sabra Health Care REIT) and a nursing care/healthcare services company (Sun Healthcare Group). The transaction is expected to be completed in the fourth quarter of this year and the company plans to raise additional capital through an… Read More »