Real Estate News

Presidio Regains Compliance with Nasdaq Minimum Bid Price Requirement

SAN DIEGO, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Presidio Property Trust, Inc. (“Presidio” or the “Company”) (NASDAQ: SQFT; SQFTP; SQFTW), an internally managed, diversified real estate investment trust (“REIT”), today announced that it has received formal notice from the Nasdaq Stock Market, LLC ("Nasdaq") stating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).

La Rosa Acquires Fourth Real Estate Brokerage Franchisee with Revenue of $2.7 Million and Positive Net Income in 2022

Targeting $100 million of annualized revenue as a 2024 exit run rate

Celebration, FL, Dec. 20, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ:LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has acquired a 51% interest in the Company’s franchisee - La Rosa Realty Premier, LLC (“Realty Premier”) located in Orlando, Florida.

Madison Realty Capital Originates $177.5 Million Loan for 451-Unit Multifamily Development in Boston

Retires $165 Million Construction Loan from Madison Realty Capital Debt Fund V Affiliate

NEW YORK, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $177.5 million loan to Scape, an owner, developer, and operator of multifamily and student housing globally, for a 415-unit multifamily property located at 1252-1270 Boylston Street in the Fenway neighborhood of Boston.

NewLake Capital Partners Increases Fourth Quarter 2023 Common Stock Dividend to $0.40 per Share and Provides Share Repurchase Program Update

NEW CANAAN, Conn., Dec. 14, 2023 (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 its board of directors has increased its fourth quarter 2023 cash dividend to $0.40 per share of common stock.

Allen Hartman and the Hartman Group, Largest Stockholder of Silver Star Properties, Announces Opposition to Company’s Consent Solicitation

Raises Concerns About Recent Actions by Incumbent Directors

HOUSTON, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Silver Star Properties REIT, Inc. (“Silver Star” or the “Company”) on November 29, 2023 filed with the SEC a definitive proxy statement on Schedule 14A, with respect to its solicitation of consents from stockholders purportedly in lieu of annual meeting for the 2023 fiscal year (the "Consent Solicitation").

Regency Centers Acquires The Longmeadow Shops in Massachusetts

LONGMEADOW, Mass., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Regency Centers today announced the acquisition of The Longmeadow Shops in Longmeadow, MA.

“The Longmeadow Shops have been a fixture in this community dating back 50 years and serves as a town gathering spot for shopping and dining,” said Barry Argalas, Managing Director of Transactions.

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