Bloomberg Post Properties Inc. shares rose the most in seven years after Mid-America Apartment Communities Inc. agreed to buy the real estate investment trust for about $3.9 billion, forming a company with about 105,000 multifamily units amid rising demand for rental housing. Post Properties investors will get 0.71 of a Mid-America share for each of their shares, the companies …

  Bloomberg Starwood Property Trust Inc. plans to sell its European real estate loan servicing business Hatfield Philips International and has chosen Situs Group LLC as the preferred bidder, two people with knowledge of the matter said. HPI, which manages about 11.3 billion pounds ($14.8 billion) of loans in 15 countries, will bolster the European business of Houston-based Situs, which …

  Bloomberg Canada’s hottest housing market may be cooling. Home sales in Vancouver fell a third straight month in July, the Canadian Real Estate Association said, with price gains also showing signs of slowing. The data should be a relief to buyers and policy makers who have been growing increasingly worried about affordability in the city, and suggest Vancouver’s market …