Blank Rome Represents DRA Advisors on $2.3 Billion Acquisition of Inland Real Estate Corporation
Blank Rome represented DRA Advisors LLC (“DRA”) in its acquisition of Inland Real Estate Corporation (now known as “IRC Retail Centers Inc.”), formerly a publicly-held REIT with approximately 140 shopping centers located primarily in the Midwest. The transaction is valued at approximately $2.3 billion, including the assumption of some debt. This deal was previously announced upon the signing of the definitive merger agreement in December.
To read more about this successful deal, please click here.