Real Estate News

Sun Communities, Inc. Declares Third Quarter 2023 Distribution

Southfield, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational vehicle (“RV”) communities and marinas (collectively, the "properties"), today announced its Board of Directors declared a quarterly distribution of $0.93 per share of common stock for the third quarter of 2023.

Madison Realty Capital Originates $95 Million Mortgage Loan for the Completion of a 415-Unit Multifamily Development in Port St. Lucie, Florida

Master-Planned Community Will Serve Port St. Lucie’s Fast-Growing Demand for Amenitized, Resort-Style Living

NEW YORK, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, announced today that it has originated a $95 million mortgage loan to America Walks, an Ohio-based development firm, for the development of “Encore at Tradition” – a 55+ age-restricted multifamily development (the “Property”) located at 8500 SW America Walks Boulevard in Tradition, a master-planned community within Port St.

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