MRV completed the acquisition of a 50% stake in AHS Residential for $163m.

MRV, a Brazilian real estate company, completed the acquisition of a 50% stake in AHS Residential, a Florida-based real estate company for $163m. With the acquisition of the North American company, MRV will internationalize its operations. "This is a vote of confidence in the successful business model that we've built, and allow us to tap their 40 years of experience to stay well ahead of our competitors," Ernesto Lopes, AHS CEO.