Real Estate News

Harbor Custom Development, Inc. Closes $39,000,000 Construction Loan with Buchanan Mortgage Holdings

Gig Harbor, Washington, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced it has closed a construction loan with Buchanan Mortgage Holdings, LLC for a maximum principal amount of $39,000,000 for the Meadowscape apartments currently under construction in Lacey, Washington.

Alpine Income Property Trust Increases Quarterly Dividend By 1.9% and Declares Dividend For the Third Quarter 2022

WINTER PARK, Fla., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.275 per share of common stock for the third quarter of 2022 (the “Common Stock Cash Dividend”), which represents a 1.9% increase as compared to the Company’s previous quarterly cash dividend of $0.27 per share of common stock.

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