Real Estate News

Lynd and Declaration Partners form programmatic partnership to invest in multifamily asset workouts and distressed situations

Partnership already working with owners and lenders on numerous portfolios comprising 23,000 units

SAN ANTONIO, TX, July 17, 2024 (GLOBE NEWSWIRE) -- The Lynd Group, a national multifamily owner, operator and developer, has formed a programmatic partnership with Declaration Partners to invest capital for workout and distressed situations primarily involving multifamily assets.

NewLake Capital Partners to Host Second Quarter 2024 Earnings Call on August 8th at 11:00 a.m. ET

NEW CANAAN, Conn., July 17, 2024 (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 it plans to host a conference call and report its financial results for the second quarter ended June 30, 2024 on Thursday, August 8, 2024.

SL Green Announces Sale Closings Totaling $691 Million

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has closed on the sale of three properties totaling $691.4 million, including 625 Madison Avenue, 719 Seventh Avenue and the Palisades Premier Conference Center, which generated net proceeds to the Company of $222.7 million that was used for corporate debt repayment.

Kimco Realty® Upsizes Term Loan Facility to $500 Million

JERICHO, N.Y., July 17, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, announced today that it has amended and upsized its unsecured term loan to $500 million from the prior amount of $200 million.

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