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Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal

Oracle’s Larry Ellison Sells San Francisco Property in Off-Market $45 Million Deal

by Phil Hall | Jan 6, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Larry Ellison, the chairman of the software company Oracle, has sold his mansion on San Francisco’s Gold Coast for $45 million. The Wall Street Journal reports the sale of the Pacific Heights property occurred last month in an unpublicized off-market transaction. The...
Dept. of Homeland Security Accuses Hilton of Refusing Minneapolis-Area Hotel Reservations for ICE Agents

Dept. of Homeland Security Accuses Hilton of Refusing Minneapolis-Area Hotel Reservations for ICE Agents

by Phil Hall | Jan 5, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Department of Homeland Security (DHS) has called out the Hilton Hotels Corp. (NYSE: HLT) for canceling and refusing reservations by ICE agents in the Minneapolis area. DHS posted to its X account, “NO ROOM AT THE INN! @HiltonHotels has launched a coordinated...
Florida’s First Federal Bank Acquires NOLA Lending Group

Florida’s First Federal Bank Acquires NOLA Lending Group

by Phil Hall | Jan 5, 2026 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Lake City, Florida-headquartered First Federal Bank has acquired NOLA Lending Group, the mortgage division of New Orleans-based Fidelity Bank. Under the terms of the agreement, First Federal Bank will purchase NOLA Lending Group assets and will continue to serve...
QXO Receives $1.2 Billion Investment from Apollo to Fund Acquisitions

QXO Receives $1.2 Billion Investment from Apollo to Fund Acquisitions

by Phil Hall | Jan 5, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

QXO Inc. (NYSE: QXO), the Greenwich, Connecticut-headquartered building products distributor, has received a $1.2 billion investment from Apollo Global Management Inc. (NYSE: APO) through a new series of convertible perpetual preferred stock. QXO stated that...
Cash-Strapped Albuquerque Church Seeks to Donate Itself to the State of New Mexico

Cash-Strapped Albuquerque Church Seeks to Donate Itself to the State of New Mexico

by Phil Hall | Jan 5, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A historic but cash-strapped church in Albuquerque is offering to donate itself to the state of New Mexico in lieu of paying for expensive renovations. The Albuquerque Journal reports the congregation of Immanuel Presbyterian Church voted unanimously to donate its...
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