WEST PALM BEACH, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”), part of TCG Real Estate, today announced that it closed a senior secured revolving credit facility (“Credit Facility”), with East West Bank serving as agent and providing an initial commitment of $50 million, with the ability to expand to $200 million, subject to certain conditions and lender participation.
Real Estate News
PHILADELPHIA, Jan. 30, 2025 (GLOBE NEWSWIRE) -- GREA’s Student Housing Group is pleased to announce the sale of two student properties in Upstate New York: Block 20 Buffalo, totaling 192 units and 640 beds in Amherst, New York and The Hill at Rochester, totaling 182 units and 358 beds located in Rochester, NY.
SAN DIEGO, Jan. 29, 2025 (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 the fourth quarter of 2024, through subsidiary and affiliate entities, have sold five homes for a total of approximately $2.7 million.
NEW CANAAN, Conn., Jan. 29, 2025 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced the tax treatment of its common stock dividends declared in 2024.
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WEST PALM BEACH, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”), an affiliate of TCG Real Estate, today announced that it has committed $10.3 million to a $41.0 million note-on-note bridge loan.
WEST PALM BEACH, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or “the Company”) (Nasdaq: SUNS), an affiliate of TCG Real Estate, today announced that it has committed $30.8 million to a $41.0 million note-on-note bridge loan.
NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) is scheduled to report financial results for the three and twelve months ended December 31, 2024 after the close of market on February 19, 2025.
VIRGINIA BEACH, Va., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced strategic steps in reducing exposure to variable rate debt as the company continues to execute its balance sheet management strategy.
Celebration, FL, Jan. 28, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ:LRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has fully redeemed and extinguished all of its outstanding warrants (the “Warrants”) previously issued to an institutional accredited investor (the “Holder”).