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...
A historic but cash-strapped church in Albuquerque is offering to donate itself to the state of New Mexico in lieu of paying for expensive renovations. The Albuquerque Journal reports the congregation of Immanuel Presbyterian Church voted unanimously to donate its...
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...
William Healey has assumed the office of president of the International Association of Assessing Officers (IAAO), effective on New Year’s Day. As the 2026 IAAO president, Healey will also serve as the chairman of the board of directors and will preside over all board...
Coastal Florida and the Los Angeles metro area dominated the category of the most expensive home sales of 2025. According to data from Redfin, these two markets accounted for eight of the 10 most expensive sales last year. An oceanfront estate in Hawaii and a Bay Area...
New York City Mayor Zohran Mamdani announced plans to hold a series of public “rental rip-off” hearings that will enable tenants to voice their frustration over their dilapidated rental housing buildings. The New York Times reports the hearings will be used to gather...
