Alston & Bird represented the Special Committee of the Board of Directors of Inland Diversified Real Estate Trust, Inc., in connection with Inland’s recently announced stock-for-stock merger with Kite Realty Group Trust. The merger has an announced transaction value of $2.1 billion and equity value of $1.2 billion. Alston & Bird also represented the Inland Special Committee in connection with Inland’s $503 million sale of certain real estate assets to Realty Income Corporation, which was announced in December 2013.
Partners David E. Brown, Jr., Rosemarie Thurston and Justin Howard led a deal team that included Jason Goode from the REIT Group, Allison Ryan and Meryl Diamond from the Real Estate Finance & Investments Group, Jennifer Weiss and Jim Croker from the Tax Group, and Blake MacKay from the Employee Benefits & Executive Compensation Group.
