Real Estate News

Park Madison Partners Promotes Jonathan Anthony to Partner

Mr. Anthony’s promotion comes as the firm continues to deliver for its clients despite a challenging real estate capital markets environment

NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Park Madison Partners, a New York-based capital solutions and advisory firm for private real estate investments, today announced that it has promoted Jonathan Anthony to Partner.

LXP Industrial Trust Partners With Wunder to Deploy Solar at Chicago Property

WEST PALM BEACH, Fla. and ROCKFORD, Ill., July 23, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on Class A, warehouse and distribution investments, partnered with Wunder, a category-defining provider of commercial energy solutions, to deploy an on-site solar system at LXP’s Rockford, Illinois industrial facility.

BTR Communities Group, LLC and WNC & Associates Begin Construction on East Center Village in Lexington, NC

The new development will create 54 affordable housing unitsfor seniors at 40% and 60% of area median income (AMI)

LEXINGTON, N.C., July 23, 2024 (GLOBE NEWSWIRE) -- BTR Communities Group, LLC, a North Carolina-based developer and owner of affordable housing, and WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, have begun construction on East Center Village, an all-new 3-story affordable housing development in central North Carolina.

Postal Realty Trust Declares Second Quarter 2024 Dividend

CEDARHURST, N.Y., July 23, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,950 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to 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 $0.24 per share.

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