Maryland’s Real Property Search system has been taken offline following reports of suspicious activity on state servers. BayNet.com reports the Maryland Department of Information Technology (DoIT) first detected an issue on April 14, which led to the shutdown of the...
The construction labor force is experiencing an occupational seesaw ride with the number of trade professionals declining while the number of the industry’s white-collar workers is rising. According to a data analysis by the National Association of Home Builders...
The real estate development company Cole West announced that it has closed on 38 homesites for a new community called Lone Tree in Syracuse, Utah. Located roughly 30 miles north of Salt Lake City, Lone Tree will consist of 38 single-family homes ranging from 3,500 to...
The New York City-based asset manager Blue Owl Capital Inc. (NYSE: OWL) announced that affiliates of Blue Owl Real Estate Capital LLC will acquire all outstanding shares of common stock of Sila Realty Trust Inc. (NYSE: SILA) for $30.38 per share in an all-cash...
Two Florida-based trade groups, the Miami Association of Realtors and Broward, Palm Beaches & St. Lucie Realtors (RWorld), along with their respective MLSs, have announced they are merging into a single association and MLS, effective May 11. According to the...
The building products distributor QXO Inc. (NYSE: QXO) announced that it is acquiring TopBuild Corp. (NYSE: BLD) for approximately $17 billion. Headquartered in Daytona Beach, Florida, TopBuild is the largest distributor and installer of insulation and related...