Real Estate News

Postal Realty Trust Declares Third Quarter 2023 Dividend

CEDARHURST, N.Y., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,800 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to larger industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company’s Class A common stock in the amount of $0.2375 per share.

NYCRC-MANAGED ENTITY RECEIVES $55 MILLION NEW MARKET TAX CREDIT AWARD FROM THE U.S. DEPARTMENT OF TREASURY

New allocation marks the sixth annual award since 2016 and will help spur economic development in underserved areas throughout New York City

New York, NY, Oct. 24, 2023 (GLOBE NEWSWIRE) -- New York City Regional Center (“NYCRC”) is pleased to announce an award of $55 million in New Market Tax Credits from the Community Development Financial Institutions Fund of the U.S.

NewLake Capital CEO to Participate in the Zuanic and Associates “Lending in the Cannabis Sector” Virtual Panel on October 26th

NEW CANAAN, Conn., Oct. 24, 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 Anthony Coniglio, CEO, will participate in the Zuanic and Associates “Lending in the Cannabis Sector” virtual panel.

Appreciate Receives Notice From Nasdaq Regarding Delisting

MINNETONKA, Minn., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Appreciate Holdings, Inc. (“Appreciate” or the “Company”) (NASDAQ: SFR), the parent holding company of Renters Warehouse (“Renters Warehouse”), a leading end-to-end Single-Family Rental (“SFR”) marketplace and management platform, today announced that it received a written notice (the “Notice”) on October 18, 2023, from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”), stating that, upon further review by Nasdaq’s staff the Company did not meet the terms of the exception granted to Appreciate to regain compliance with Nasdaq’s filing requirements set forth in Listing Rule 5250(c)(1) (the “Rule”).

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