Real Estate News

Flagship Communities Real Estate Investment Trust Announces September 2024 Cash Distribution

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

TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0492 per REIT unit for the month of September 2024, representing US$0.59 per REIT unit on an annual basis.

Kimco Realty® Announces Pricing of $500 Million Aggregate Principal Amount of 4.850% Notes due 2035

JERICHO, N.Y., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced that its subsidiary, Kimco Realty OP, LLC (“Kimco OP” and, together with the Company, “Kimco”), has priced a public offering of $500 million aggregate principal amount of 4.850% notes due 2035 (the “notes”) with an effective yield of 4.873%, maturing March 1, 2035.

AMREP Reports First Quarter Fiscal 2025 Results

HAVERTOWN, Pa., Sept. 13, 2024 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $4,064,000, or $0.76 per diluted share, for its 2025 fiscal first quarter ended July 31, 2024 compared to net income of $1,346,000, or $0.25 per diluted share, for the same period of the prior year.

Premier Workspaces Adds Brentwood Glen Location

LOS ANGELES, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Premier Workspaces, based in Irvine, California, a national flexible workspace leader, is thrilled to announce the opening of its Brentwood Glen location at 500 South Sepulveda in Los Angeles – conveniently located near the 405, Sunset Blvd, and Wilshire Blvd.

David Benson joins Opendoor Board of Directors

SAN FRANCISCO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that David Benson, former President of Fannie Mae, has been appointed to its Board of Directors (“Board”), effective immediately.

NewLake Capital Partners to Present at the Sidoti Fall Virtual Small Cap Conference on September 18-19th

NEW CANAAN, Conn., Sept. 10, 2024 (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 that Anthony Coniglio, President and CEO, will present at the Sidoti Fall Virtual Small Cap Conference to be held September 18-19, 2024.

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