Cerberus Capital Could Top Blackstone Group's Deal to Buy Equity Office Properties (EOP)

According to reports from the Financial Times, Cerberus Capital Management is considering topping The Blackstone Group's $36 billion bid for Equity Office Properties (NYSE: EOP). Real estate investors including Starwood Capital and Vornado Realty Trust (NYSE: VNO) could join Cerberus.

In November, Equity Office Properties agreed to be acquired by Blackstone Real Estate Partners, an affiliate of The Blackstone Group, for $48.50 per share in cash.