- Silver Bay Realty (SBY +18.3%) last night announced its sale to P-E player Tricon Capital for $21.50 per share in cash, and the stock is now trading right at that level.
- Like Silver Bay, Altisource Residential (RESI +5.2%) - with a market cap under $1B - is small enough to be easily swallowed. Colony Starwood (SFR +1.1%), American Homes 4 Rent (AMH +0.3%), and recently gone-public Invitation Homes (INVH +0.5%) all have market caps north of $3B.
- Previously: Silver Bay sold to Tricon Capital; up 20% after hours (Feb. 27)