North Carolina has settled a lawsuit with Cortland, a private-equity firm managing over 5,000 units across the state, in an antitrust case alleging rent collusion. The settlement requires Cortland to stop using sensitive data from competitors in its pricing model and submit to regular compliance inspections. The case also involves other landlords like Greystar, Blackstone’s LivCor, Camden Property Trust, Cushman & Wakefield, Pinnacle Property Management Services, and Willow Bridge Property, who own or manage more than 70,000 units. The lawsuit accuses these landlords and RealPage, a property management company, of using artificial intelligence to share non-public information about rent prices, occupancy, and discounts, leading to higher rents than market forces would set.

Aimia reported a strong close to 2024 with a 27% year-over-year increase in revenue to $127.2 million and a narrowed net loss of $42.1 million, driven by its holdings Bizetto and Cortland. Despite missing EPS expectations by a small margin, the company's financial health score remains weak at 1.35. Strong performance in the specialty chemicals and marine industries, particularly from Bizetto's acquisition of StarChem and Cortland's market share expansion, contributed to the growth. The stock price declined by 5.47% following the earnings release.

This article discusses the impact of tariffs and labor shortages on the U.S. construction industry, particularly in multifamily housing. Construction costs have risen significantly since 2020, with multifamily builders facing additional tariffs and the prospect of mass deportations of undocumented workers. These factors are expected to increase construction costs, reduce deal flow, and slow down new development production, particularly in regions relying on affordable housing.

Aimia Inc. (TSE:AIM) has announced the declaration of quarterly dividends on its preferred shares, including Series 1, Series 3, and Series 4. This move underscores the company's commitment to returning capital to shareholders and optimizing shareholder value. Aimia Inc. is a diversified company based in Toronto, focusing on its global businesses, Bozzetto, a sustainable specialty chemicals company, and Cortland International, a rope and netting solutions company. The company's financial strategy includes monetizing non-core investments, enhancing core holdings' value, and utilizing loss carry-forwards efficiently.

Aimia Inc., a diversified company headquartered in Toronto, will release its fourth quarter and full-year 2024 financial results on March 28, 2025, at 7:00 am ET. The announcement will be followed by a live webcast and teleconference at 8:30 am ET. Aimia operates two global businesses: Bozzetto, a sustainable specialty chemicals company, and Cortland International, a rope and netting solutions company. The company aims to monetize non-core investments, return capital to shareholders, and utilize loss carry-forwards to enhance shareholder value. The YTD price performance shows a decline of 12.59%, with an average trading volume of 28,003 shares, and a current market cap of C$224.6M.