AGP Executive Report
Last update: 5 hours agoM&A Watch: Blackstone is reportedly in talks to buy Canada’s H&R REIT, reviving takeover chatter after earlier negotiations with other bidders fell apart. Mortgage & Courts: Delaware Chancery Court backed a lender’s right to place disputed second mortgages on apartment properties, rejecting claims the liens were invalid. Luxury Deals: AHS Properties agreed to buy Dubai’s Shangri-La Hotel for about $300M, with plans under review as the emirate navigates regional uncertainty. Student Housing: Scion Group struck a roughly $1.5B deal to buy Student Quarters, adding about 13,000 beds and expanding a footprint across many overlapping markets. Second-Home Slowdown: New analysis finds U.S. vacation-home purchases financed with mortgages plunged 65.8% from 2021 to 2025, signaling cooling discretionary demand. Policy & Housing Supply: Florida’s Senate leader introduced a bill to repeal Michigan’s 6-mill property tax, while other coverage highlights how funding gaps and approval delays can squeeze housing and homelessness response. Local Market Signals: In the GTA, more homes are selling below asking price, giving buyers more leverage in May.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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