Real Estate News

Armada Hoffler Finalizes the $215 Million Acquisition of The Interlock in Atlanta’s West Midtown

Company continues partnership with Georgia Tech to drive mission of economic development in Atlanta’s West Midtown

VIRGINIA BEACH, Va., May 22, 2023 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) completed the previously announced $215 million addition to its greater Atlanta portfolio by closing the purchase of a Class A commercial mixed use development at The Interlock in West Midtown.

Ryman Hospitality Properties, Inc. Successfully Completes Refinancing of $700 Million Credit Facility and $500 Million Term Loan B

NASHVILLE, Tenn., May 18, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a leading lodging and hospitality real estate investment trust (“REIT”) that specializes in upscale convention center resorts and leading entertainment experiences, today successfully completed a series of refinancing transactions that extends maturities of the $700 million Revolving Credit Facility and $500 million Term Loan B, and eliminates mortgage collateral requirements in its Credit Facility.

Harbor Custom Development, Inc. Announces Closing of $10 Million Public Offering

TACOMA, Wash., May 18, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), a real estate company involved in all aspects of the land development cycle, today announced the closing of its previously announced public offering of an aggregate of 1,951,218 shares of its common stock (or pre-funded warrants in lieu thereof) and warrants to purchase 1,951,218 shares of common stock, at a combined public offering price of $5.125 per share (or pre-funded warrant in lieu thereof) and accompanying warrant.

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