Realty Income Corp. (NYSE: O) has announced it will acquire Spirit Realty Capital Inc. (NYSE: SRC) in an all-stock transaction valued at approximately $9.3 billion. Realty Income is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. The...
A September of home sales, overseas central banks pausing their rate hikes and Jamie Dimon’s decision to sell his JPMorgan shares. From the wild and wooly world of real estate, here are the hits and misses for the week of Oct. 23-27. Hit: Score One for Resiliency....
At a time when the average home emergency costs around $2,000 to repair, roughly one-third (31%) of homeowners admit to having $1,000 or less saved for these emergencies. According to a survey of 1,000 adults conducted by Today’s Homeowner, 82% of homeowners...
JLL’s (NYSE:JLL) Value and Risk Advisory platform has hired Stephanie Phipps as a director within its multi-housing sector. Phipps, who is a certified general appraiser, will work with JLL’s build-to-rent subsector team lead Executive Director Jason Allen. Phipps is...
For the ninth consecutive year, Chicago’s rodent population earned the city number one ranking in Orkin’s Top 50 Rattiest Cities List. Orkin based the list on the number of new rodent treatments performed by its pest control teams between Sept. 1, 2022, to Aug. 31,...
New York City-headquartered Corcoran Group LLC has announced its first Canadian franchise with the launch of Corcoran Horizon Realty. Owned and led by CEO Cliff Rego, the brokerage will serve clients in the greater Toronto area and throughout the entire Ontario...
