We can rest assured that we won’t see the likes of the $39 billion Blackstone/EOP merger any time soon. But you can bet with equal confidence that there are more public-to-private deals to come; the conditions are still too ripe to avoid them. In the past few weeks alone, CNL Hotels stockholders OK’d their buyout by a Morgan Stanley fund, JP Morgan was recorded negotiating to take Columbia Equity Trust and Apollo nailed Realogy. Of course, at some point the pendulum will return. When, of course, is the question. Admittedly, it even puzzles John Haggerty, a partner in the Boston-based law firm Goodwin Procter LLP who focuses on M&As and real estate securities representation. But he was willing, in a recent, exclusive interview, to make a few highly educated guesses.
GlobeSt.com: So, when will the trend reverse?
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