Real Estate News

GE Vernova Chooses Piedmont’s Atlanta Galleria for New Strategic Hub

Atlanta, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, today announced that it has signed a new 77,000 square-foot lease through 2036 with GE Vernova, a planned 2024 spinoff of General Electric Company that will focus on electrifying the world while simultaneously working to decarbonize it.

Greystone Monticello Provides $12.2 Million in Financing for Newly Converted Loft Apartments in New Jersey

Reimagined Packard Car Company Warehouse Includes 18% of Units Reserved for Affordable Housing

NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Greystone Monticello, a bridge lending platform serving as a one-stop shop provider of capital finance products and services for the multifamily and senior housing sectors, provided a $12,165,000 bridge loan to refinance Packard Lofts Apartments, a mid-rise loft-style multifamily property located in Boonton, New Jersey.

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