Real Estate News – Page 268

Brandywine Realty Trust Announces Closing of $350 Million Offering of 7.550% Guaranteed Notes Due 2028 and Completion of Sales of Properties Totaling $113.6 Million

PHILADELPHIA, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the “Company”) (NYSE: BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P.

LGI Homes Announces the Grand Opening of Vistas at Huning Ranch, a New Community in Los Lunas

Vistas at Huning Ranch features one- and two-story, new-construction homes from the $270s

The Mesquite plan at Vistas at Huning Ranch by LGI Homes

Piedmont Office Realty Trust Expands Board with Appointment of Mary Hager

Atlanta, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) announced today the appointment of Mary Hager, Executive Director at global real estate investment management firm, Greystar, to its Board of Directors.

Power Americas Resource Installs Initial Management Team

Diverse Assemblage of International Business Veterans to Lead the Company

MIRAMAR, FL, Dec. 14, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Power Americas Resource Group Ltd.

Brandywine Realty Trust Announces Tender Offer for Any and All of its Outstanding 3.95% Guaranteed Notes due 2023

PHILADELPHIA, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the “Company”) (NYSE:BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P. (the “Operating Partnership”), has commenced a cash tender offer (the “Tender Offer”) for any and all of the $350,000,000 outstanding principal amount of its 3.95% Guaranteed Notes due February 15, 2023 (the “Notes”).

International Land Alliance Expects Lot Sales to Accelerate at Oasis Park Resort Following Recent Completion of Phase I Construction

The 497-acre master planned community includes 1,344 lots representing over $100M in potential gross lot sales and construction revenue

Onsite sales and tours to begin in Q1 2023

SAN DIEGO, CALIFORNIA, Dec.

Park Hotels & Resorts Inc. Announces Fourth Quarter Dividend of $0.25 Per Share

TYSONS, Va., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a fourth quarter cash dividend of $0.25 per share of common stock.

THE TRUE LIFE COMPANIES BROADENS MARKET REACH WITH NEW OFFICES IN THE MID-ATLANTIC AND AUSTIN

DENVER, CO, Dec. 08, 2022 (GLOBE NEWSWIRE) -- The True Life Companies (TTLC) has announced the expansion of its Company with the addition of two new offices in Bethesda, Maryland and Austin, Texas.

Uniti Group Inc. Announces Pricing of Convertible Notes Offering

LITTLE ROCK, Ark., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company”, “Uniti”, or “we”) (Nasdaq: UNIT) today announced that it has priced its previously announced offering of $300 million aggregate principal amount of 7.50% convertible senior notes due 2027 (the “Convertible Notes”).

Belpointe PREP, LLC Acquires New Opportunity Zone Property in Nashville, Tennessee

GREENWICH, Conn., Dec. 09, 2022 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ” or the “Company”), a publicly traded qualified opportunity fund, announced today that it has completed the acquisition of a new development site in Nashville, Tennessee, for an aggregate purchase price of $16.2 million, exclusive of transaction costs.