The Greenwich, Connecticut-headquartered technology solutions provider QXO Inc. (NYSE: QXO) has commenced an all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply Inc. (NASDAQ: BECN) for $124.25 per share, for a transaction valued at...
New York State’s housing inventory dropped to a historic low while home sales and prices increased. According to date from the New York State Association of Realtors, housing inventory fell 2.6% year-over-year in December to 23,198, the lowest number of homes for sale...
A Connecticut lawmaker is considering introducing legislation that would create a registry for many residential landlords and a temporary rent cap when multifamily properties change ownership. CTInsider.com reports State Rep. Antonio Felipe (D-Bridgeport), the...
The Canadian investment firm Brookfield Asset Management announced plans to expand its presence in Japan with the combined $1.6 billion purchase of a stake in a Tokyo mixed-use complex and a large open land plot for logistics development. The Japan Times reports the...
Sweden’s EQT Real Estate announced that its EQT Exeter Logistics Value Fund IV will acquire a 12-buildling logistics assemblage in the Northern Italian submarkets of Milan and Verona for roughly $248 million The properties hold an average building age of 10 years and...
The unlikely blame for a mansion’s lack of buyers, AREA’s first local chapter and a grim forecast on Los Angeles’ housing market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 20-24. Miss: Ghosts on the Loose. Nicholas...