Real Estate News

Presidio Property Trust Announces Series D Preferred Stock Cash Dividend

SAN DIEGO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors has authorized, and the Company has declared, a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) for the months of January 2025, February 2025 and March 2025.

Lone Star PACE Closes Record-Setting Year With $186M in C-PACE Transactions

The company also expanded its reach by adding two municipal partners

DALLAS, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Lone Star PACE, a leading administrator of Texas’ C-PACE program, is pleased to announce it facilitated $186 million in C-PACE financing projects in 2024, more than doubling its 2023 total and breaking its annual record for transaction volume for the fourth consecutive year.

Madison Realty Capital Originates $108 Million Loan for Ultra-Luxury Residential Condominium in Miami

NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on real estate private credit, today announced that it has provided a $107.6 million loan to an affiliate of Fort Partners for the completion of Seaway North at The Surf Club, an ultra-luxury residential condominium project located adjacent to the Four Seasons Hotel and Residences at The Surf Club in the Surfside neighborhood of Miami.

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