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...
The International Hot Rod Association (IHRA) has purchased Rockingham Speedway, a historic venue in American motorsports. Located in Rockingham, North Carolina, and popularly known as “The Rock,” the venue opened in 1965 and has a 0.94-mile track and 32,000-seating...
Sterling Organization, a private equity real estate investment firm headquartered in West Palm Beach, Florida, has acquired Bristol Plaza, a 263,000 square-foot, grocery-anchored shopping center in Bristol, Connecticut. The property is anchored by the Stop & Shop...