Real Estate News

Park Hotels & Resorts Inc. Completes Upsize of Revolving Credit Facility to $950 Million and Extends Maturity to 2026

TYSONS, Va., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park”) (NYSE:PK) today announced that it has successfully amended and restated its existing $901 million revolving credit facility to increase total capacity to $950 million, extend the maturity from December 2023 to December 2026, and release all collateral securing the credit facility (and its senior notes) consisting of pledges of equity interests in Park-affiliated entities owning certain unencumbered assets (as modified, the “Credit Facility”).

Sun Communities, Inc. Announces Dates for Fourth Quarter 2022 Earnings Release and Conference Call

Southfield, MI, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced the dates for its fourth quarter 2022 earnings release and conference call.

SL Green Realty Corp. Announces Ordinary Dividend

Annual Ordinary Dividend Reduced to $3.25 Per Share

NEW YORK, Dec. 05, 2022 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, announced today that its board of directors has reduced the annual ordinary dividend on SL Green’s common stock and units of its operating partnership by 12.9%, to $3.25 per share.

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