Real Estate News – Page 122

WNC & Associates Acquires More Than $2 Billion in Affordable Housing in 2023

Investments Increased Substantially Year Over Year from 2022

IRVINE, Calif., Jan. 24, 2024 (GLOBE NEWSWIRE) -- WNC & Associates (WNC), a family-owned nationwide leader in affordable housing, today announced 2023’s results of acquiring more than $2 billion in affordable housing across the United States.

Matteson Capital and AO Partner to Build Tallest Building in U.S

The 1,907 ft tall structure will be one of four towers at The Boardwalk at Bricktown development in Oklahoma City

Boardwalk at Bricktown

Greystone Provides $79 Million in Total Fannie Mae DUS® Financing for Multifamily Property Portfolio in Tucson, Arizona

NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $79,125,000 in Fannie Mae Delegated Underwriting & Servicing (DUS®) loans to refinance three multifamily properties totaling 939 units in and around Tucson, Arizona.

Sun Communities, Inc. Provides Update on Recent Activities

Southfield, MI, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) ("Sun" or the "Company"), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") and recreational vehicle ("RV") communities and marinas (collectively, the "properties"), today provided an update on the following recent activities:

The Company recently completed its North American MH and RV insurance renewal for 2024, resulting in an expected increase in insurance-related expense of approximately 15% to 20%, as compared to 2023.

Glenn Klinker Awarded the Helm of Holiday Island Holdings, Inc as New CEO, and He Plans on Bringing Future Income Producing Assets to the Company in the Oil and Gas Industry

HOLIDAY ISLAND, Ark., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Holiday Island Holdings, Inc. (OTC: HIHI) – operating in the Secondary Recovery of Oil & Gas Industry – released the news today that there is a new future for Holiday Island Holdings, and it is in the Oil and Gas Industry thanks to the addition of Glenn Klinker to the CEO position of the company.

Macerich Announces Tax Treatment Of 2023 Dividends

SANTA MONICA, Calif., Jan. 22, 2024 (GLOBE NEWSWIRE) -- The Macerich Company(NYSE: MAC) today announced the tax treatment for dividend distributions taxable in 2023 on its Common Stock.

Park Hotels & Resorts Provides Preliminary Q4 2023 and Full-Year 2023 Results

TYSONS, Va., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today provided preliminary fourth quarter and full-year 2023 results.

CORRECTION – Milestones Drives Strong Momentum with 513% Increase of Consumers on Platform

Dustin Gray, CEO, Milestones

Dustin Gray is CEO and Founder of Milestones.

Elliott Mulkin Joins Cushman & Wakefield and Greystone Jointly as a Director

NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Cushman & Wakefield, a leading global real estate services firm, and Greystone Servicing Company LLC, a leading national commercial real estate finance company, announced today that Elliott Mulkin has joined the firms’ Capital Markets Equity, Debt & Structured Finance (EDSF) group and loan origination groups, respectively, and will serve as a Director based out of Birmingham, Alabama.

GYRODYNE ANNOUNCES RECORD DATE FOR PROPOSED RIGHTS OFFERING

ST. JAMES, N.Y., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Gyrodyne, LLC (“Gyrodyne” or the “Company”) (NASDAQ: GYRO), an owner and manager of a diversified portfolio of real estate properties, today announced that the record date for its proposed rights offering is January 29, 2024 at 5:00 p.m.