Real Estate News

United Development Funding IV Announces Pre-Closing Cash Distribution Prior to Ready Capital Merger Closing

IRVING, Texas, March 13, 2025 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV”) announced today that on March 4, 2025, its board of trustees authorized a cash distribution of $2.3785 per share payable on or around March 13, 2025, to shareholders of record at the close of business on March 4, 2025, or approximately $73 million in the aggregate.

Whitestone REIT to Open The Picklr Cave Creek at Terravita Marketplace in North Scottsdale, Arizona

World’s fastest-growing indoor pickleball operator supports the market’s active and health-conscious lifestyle while also complementing Terravita’s diversified tenant mix

Location to feature eight, premium indoor courts and offer an unparalleled experience for the area’s high number of pickleballers

HOUSTON, March 12, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR), a neighborhood-focused owner and operator of open-air shopping centers in Texas and Arizona, today announced that it has signed a lease with The Picklr, the world’s fastest-growing operator of indoor pickleball facilities, to open a 20,909-square-foot location at Terravita Marketplace in Scottsdale, Arizona.

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