New York, NY, Feb. 28, 2024 (GLOBE NEWSWIRE) -- New York City Regional Center is pleased to announce the closing of $19,000,000 in New Market Tax Credit financing to help fund building upgrades and ongoing operating expenses at the Armory Nike Track & Field Center in Washington Heights.
Real Estate News
Multi-Faceted Real Estate Business Celebrates Continued Success with the Opening of Its 48th Cash Home Buying Franchise in Hot Springs, AR
HOT SPRINGS, Ark., Feb. 28, 2024 (GLOBE NEWSWIRE) -- New Again Houses®, a company that transforms old houses into fantastic modern homes, is thrilled to announce the opening of their 48th location in Hot Springs, AR! The brand-new franchise location—led by John Adams and Margie Resto-Adams—will now be able to buy and sell homes in Garland and Saline Counties in Central Arkansas.
NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided an $81,129,000 Freddie Mac Optigo® loan to refinance a 397-unit multifamily property in Jurupa Valley, CA.
NEW CANAAN, Conn., Feb. 28, 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, is scheduled to present at the Sidoti Small-Cap Conference being held virtually on March 13th and 14th.
JACKSONVILLE, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Regency Centers, L.P. (“Regency Centers”, the “Company” or “Regency”) announced today that Moody’s Investors Service (“Moody’s”) raised its credit ratings related to the Company to ‘A3’ with a stable outlook.
WINTER PARK, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Matthew M.
WINTER PARK, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Matthew M.
FREEHOLD, NJ, Feb. 28, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income of $220.9 million for the year ended December 31, 2023 as compared to $195.8 million for the year ended December 31, 2022, representing an increase of 13%.
CHICAGO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, announced that Chicago Atlantic Lincoln, LLC (“Chicago Atlantic Lincoln”), its wholly-owned financing subsidiary, entered into the Fifth Amended and Restated Loan and Security Agreement by and among Chicago Atlantic Lincolnand a syndicate of FDIC-insured financial institutions to extend the maturity of its $100.0 million secured revolving credit facility (the “Revolving Loan”) and increase the accordion feature of the Revolving Loan to facilitate additional commitments up to $150.0 million.
Fourth Quarter Net New Home Orders, up 352%Full Year Total Revenue of $1.21 billionFourth Quarter Home sales revenue of $379.7 million, driven by 664 home closings at an average price of $572,000Fourth Quarter Net income of $12.5 million, or $0.33 per diluted shareFull Year Net Income of $29.2 million or $0.75 per diluted shareEntered Colorado marketYear-end book value per share of $17.88, an 11.4% increase
DALLAS, Feb.