Mergers and Acquisitions

• Morgan Stanley & Co. LLC, serving as exclusive financial advisor to Compass Inc. (NYSE: COMP), in connection with Compass''s combination with Anywhere Real Estate Inc. (NYSE: HOUS) valued at $10 billion.
• UniFirst Corporation (NYSE: UNF) in its pending acquisition by Cintas Corporation for $5.5 billion.
• Resource REIT, Inc. in its $3.7 billion merger with Blackstone Real Estate Income Trust, Inc.

Capital Markets

• The underwriting syndicate of 29 banks in connection with the $2 billion IPO of Blackstone Digital Infrastructure Trust (NYSE: BXDC), the third largest REIT IPO in history.
• Philip Morris International Inc. (NYSE: PM) on the issuance of a $5.25 billion and a $6 billion jumbo bond.
• Highwoods Properties, Inc. (NYSE: HIW) in public offerings of equity and debt securities with an aggregate value of more than $4.3 billion.
• Nuveen, the $1.4 trillion asset manager of TIAA, in connection with Nuveen Farmland REIT''s up to $3 billion continuous private offering and SEC registration.
• STAG Industrial, Inc. (NYSE: STAG) in its follow-on public offerings of common and preferred equity securities.
• Various sales agents in the $1.25 billion "at-the-market" common stock offering by Gaming & Leisure Properties, Inc. (Nasdaq: GLPI).
• The underwriters of Lineage, Inc. (Nasdaq: LINE) in connection with 144A/Reg S bond and Eurobond offerings totaling $1.2 billion.
• The initial purchasers in connection with the upsized $1 billion private offering of 0.25% convertible senior notes due 2031 by Compass Inc. (NYSE: COMP) and related capped call transactions.
• W. P. Carey (NYSE: WPC) in its public offering of up to $1 billion of common stock.
• The initial purchasers in an offering of €700 million of senior notes due 2031 by Lineage Europe Finco B.V., an indirect subsidiary of Lineage, Inc. (Nasdaq: LINE).
• The underwriters in connection with the $600 million offering of senior notes due 2023 by a subsidiary of Invitation Homes (NYSE: INVH).
• The initial purchasers in an offering of $500 million of senior notes due 2030 by Lineage OP, LP, which is a subsidiary of Lineage, Inc. (Nasdaq: LINE).
• Various sales agents in the $500 million "at-the-market" common stock offering by LTC Properties, Inc. (NYSE: LTC).
• Getty Realty Corp. (NYSE: GTY) in its $115 million public offering of common stock (on a forward basis) and $350 million “at-the-market” common stock offering.
• Ashford Hospitality Trust Inc. (NYSE: AHT) in its public offering of up to $700 million shares of non-traded preferred stock.
• UMH Properties, Inc. (NYSE and TASE: UMH) on the issuance and sale to investors in Israel of approximately $80.2 million of 5.85% Series B Bonds due 2030.
• Various underwriters in numerous public and private offerings of equity and debt securities by Innovative Industrial Properties, Inc. (NYSE: IIPR).
• Various sales agents in the $125 million "at-the-market" common stock offering by FrontView REIT, Inc. (NYSE: FVR).
• Cowen and Company, LLC, Evercore Group L.L.C. and RBC Capital Markets, LLC in a $50 million underwritten offering by Jasper Therapeutics, Inc. (NasdaqCM: JSPR).