Real Estate News

Flagship Communities Real Estate Investment Trust Announces Cash Distribution Increase

Not for distribution to U.S. newswire services or dissemination in the United States.

TORONTO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX:MHC.U) (TSX:MHC.UN) announced today that its Board of Trustees has approved an approximately 5.0% increase to its monthly cash distribution to unitholders toUS$0.0517per REIT unit orUS$0.62 per REIT unit on an annualized basis.

MacKenzie Realty Capital, Inc. Announces 3ʳᵈ quarter dividend

ORINDA, Calif., Sept. 27, 2024 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (OTCQX: MKZR) (“MacKenzie” or the “Company”) is pleased to announce that it has once again declared its regular quarterly dividend for the period ended September 30, 2024, in the amount of $0.125 per share, which is scheduled to be paid on October 25, 2024 to stockholders of record as of the close of business on September 30, 2024.

Greystone Arranges $57 Million Debt Placement to Finance Parkland Communities, Inc.’s Build-to-Rent Community in Georgia

NEW YORK, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced it has arranged a $57 million aggregation facility to finance all homes upon completion within the 317-unit Grove Landing build-to-rent community located at 1280 Dunbar Road in Warner Robins, GA, on behalf of Parkland Communities.

Postal Realty Trust, Inc. Provides Leasing Update

CEDARHURST, N.Y., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,950 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today an update on its ongoing lease negotiations with the USPS.

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