A pastor in Chattanooga, Tennessee, who runs a real estate investment coaching business was sentenced to 30 months for coordinating a $1.8 million Covid-19 employment fraud scam that included a real estate firm he owned. Ricky Lee Taylor Jr., a former University of...
President Trump announced he is directing his “representatives” to buy $200 billion in mortgage bonds as a strategy for driving down mortgage rates. In a posting on Truth Social, Trump blamed former President Biden for ignoring the housing market and...
Healthpeak Properties Inc. (NYSE: DOC), a Denver-headquartered owner-operator and developer of healthcare real estate, announced the formation and planned initial public offering (IPO) of Janus Living Inc., a real estate investment trust (REIT) dedicated to senior...
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...
Ottawa-headquartered Minto Apartment Real Estate Investment Trust (TSX: MI.UN) announced that it is being acquired by Crestpoint Real Estate Investments Limited Partnership in an all-cash transaction valued at $2.3 billion. The transaction price of $18.00 per Trust...
The Securities and Exchange Commission (SEC) charged David J. Bradford, former chief operating officer of Drive Planning LLC, and Gerardo L. Linarducci, former managing partner of Drive Planning and head of its Indiana branch office, for their roles in an alleged $300...