Real Estate News

Uses Sale Proceeds to Pay off Maturing Debt

Atlanta, March 20, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") ("Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sun Belt, announced today that it has completed the sale of One Lincoln Park, located at8401 North Central Expressway in Dallas, TX for $54 million, or $210 per square foot, in an all-cash transaction to a financial institution who plans to use the building as its headquarters.

INDIANAPOLIS, March 20, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending March 31, 2024, after the market closes on Tuesday, April 30, 2024.

NEW CANAAN, Conn., March 21, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, announced today that management is scheduled to participate in the following April 2024 investor conferences.

NASHVILLE, Tenn., March 21, 2024 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) announced today that its subsidiaries, RHP Hotel Properties, LP (the “Operating Partnership”) and RHP Finance Corporation (together, with the Operating Partnership, the “Issuers”), successfully upsized and priced the private placement of $1.0billion aggregate principal amount of 6.500% senior notes due 2032 (the “Notes”).

Ended 2023 with cash and cash equivalents of $18.9million

Generated positive cash flow from operations of $2.7million in 2023

OLD GREENWICH, Conn.

WINTER PARK, Fla., March 19, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the closing of the sale of its mixed-use property totaling approximately 136,000 square feet in downtown Santa Fe, New Mexico (the “Property”).

DALLAS, March 19, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”) announced today that it has priced its previously announced offering (the “Offering”) of $300,000,000 of 8.875% Senior Notes due 2029 (the “Notes”).

NorthStar Moving delivers unused food to Los Angeles Food Bank, providing healthy snacks for families

Los Angeles, CA, March 19, 2024 (GLOBE NEWSWIRE) -- NorthStar Moving® Company, the leading eco-luxury mover in California, has once again partnered with Move for Hunger, a national hunger relief non-profit organization, to ensure leftover food and water at the 39th Los Angeles Marathon was not thrown away and wasted.

Andrew Greenwell joins the brokerage at its flagship location in downtown Sarasota and partners with Nikki Taylor to launch the Greenwell & Taylor Collection