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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...
Minto Apartment Real Estate Investment Trust Acquired in $2.3 Billion Deal

Minto Apartment Real Estate Investment Trust Acquired in $2.3 Billion Deal

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

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...
SEC Charges Duo for $300 Million Ponzi Scheme Tied to ‘Real Estate Acceleration Loans’ Program

SEC Charges Duo for $300 Million Ponzi Scheme Tied to ‘Real Estate Acceleration Loans’ Program

by Phil Hall | Jan 2, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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...
Humbl Rebrands as TAP Real Estate Technologies

Humbl Rebrands as TAP Real Estate Technologies

by Phil Hall | Jan 2, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Humbl Inc. (OTC: HMBL), a San Diego-based company focused on the convergence of digital technologies and real-world assets, is rebranding as TAP Real Estate Technologies Inc. According to the company, the rebrand marks a corporate repositioning toward the next...
CMBS Delinquency Rate Ends 2025 at 7.30%

CMBS Delinquency Rate Ends 2025 at 7.30%

by Phil Hall | Dec 31, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The delinquency rate for commercial mortgage-backed securities (CMBS) ended 2025 with a four basis points uptick to 7.30%, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 73 basis points from 6.57%. However, Trepp noted the...
New Reports Detail How LA Wildfires Changed Local Housing Market

New Reports Detail How LA Wildfires Changed Local Housing Market

by Phil Hall | Dec 30, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

As the first anniversary of the Los Angeles County wildfires approaches, two new data reports offer an overview of the catastrophe’s impact on the local housing market. Redfin reports real estate investors are buying roughly 40% of the land selling in areas impacted...
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