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Steve Sheetz, Who Expanded Convenience Store Chain Across 7 States, Dies at 77

Steve Sheetz, Who Expanded Convenience Store Chain Across 7 States, Dies at 77

by Phil Hall | Jan 6, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Steve Sheetz, the convenience store executive who led the growth of his eponymous family-owned company to more than 800 locations across seven states, passed away on Jan. 4 at the age of 77 from respiratory complications following hospitalization for pneumonia....
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

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...
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