The Inland Real Estate Group LLC, the Oak Brook, Illinois-headquartered commercial real estate investment, finance and operating firm, has announced the appointment of Matthew Fries as CEO and president of Inland Real Estate Investment Corporation. In his new role,...
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...