Real Estate News

Southern Realty Trust Provides $56.4 Million Mezzanine Financing for 650,000+ SF Multi-Family Community

WEST PALM BEACH, Fla., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”) today announced that it originated a mezzanine loan in the aggregate amount of $56.4 million for Aster & Links (the “Project”), a multi-family community development with ground floor retail located on Main Street and Links Avenue in Sarasota, Florida.

The Macerich Company Announces CEO Change

Tom O’Hern to Retire as Chief Executive Officer of The Macerich Company

Jackson Hsieh Named as Successor

SANTA MONICA, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) (the “Company”) today announced that Jackson Hsieh will become the President and Chief Executive of Macerich on March 1, 2024, following the retirement of Thomas O’Hern after 30 years of service to the Company.

Umbra Companies, Inc Shareholder Update

GREENWOOD VILLAGE, Colo., Feb. 02, 2024 (GLOBE NEWSWIRE) --

Dear Fellow Shareholders,

The team at Umbra Companies, Inc (UCIX) would like to take this opportunity to thank our shareholders and express our excitement about what we strongly believe will be a very fruitful and growth-positive 2024.

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