Real Estate News

WinnDevelopment and WNC & Associates Begin Construction on the Residences on Lincoln Square in Worcester, MA

The project will preserve a historic downtown building and add anotherto create 80 affordable housing units for seniors 55+

WORCESTER, Mass., Oct. 16, 2024 (GLOBE NEWSWIRE) -- WinnDevelopment, a Boston-based company integrating workforce (middle-income) housing into its mixed-income projects, and WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, have begun construction on The Residences on Lincoln Square in downtown Worcester.

Orchid Island Capital Announces Estimated Third Quarter 2024 Results, October 2024 Monthly Dividend and September 30, 2024 RMBS Portfolio Characteristics

October 2024Monthly Dividend of $0.12Per Share of Common StockEstimated Book Value Per Share as ofSeptember 30, 2024of $8.40Estimated GAAP net income of $0.24 per share for the quarter endedSeptember 30, 2024, including an estimated $0.29 per share of net realized and unrealized gains on RMBS and derivative instrumentsEstimated 2.1% total return on equity for the quarter endedSeptember 30, 2024Estimated book value, net income and total return on equity amounts are preliminary, subject to change,and subject to review by the Company’s independent registered public accounting firmRMBS Portfolio Characteristics as ofSeptember 30, 2024Next Dividend Announcement ExpectedNovember 13, 2024

VERO BEACH, Fla.

Presidio Property Trust Provides Update on Model Home Activity in Q3 2024

SAN DIEGO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”) announced that in third quarter of 2024, through subsidiary and affiliate entities, it acquired seven newly constructed single-family model home properties located in Texas.

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