Real Estate News – Page 355

Clayton Thelen Joins Becknell Industrial as Executive Vice President – Chief Financial Officer

CHICAGO, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Becknell Industrial announced today that it has hired Clay Thelen as Executive Vice President – Chief Financial Officer.

TRANSWESTERN DEVELOPMENT CO. TO BREAK GROUND ON 333-UNIT MULTIFAMILY COMMUNITY IN TEMPE

Community in Novus Innovation Corridor to Offer Mixed Housing, Amenities

6th + Local St A

Transwestern Development Company (TDC®) will break ground on a 333-unit multifamily community at Tempe’s Novus Innovation Corridor on the Arizona State University Tempe campus in December 2022.

Whitestone REIT CEO Letter to Shareholders: 2022 Wrap-up

HOUSTON, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) is pleased to share the following CEO letter with shareholders:

As the year draws to a close, I wanted to reflect on 2022 and all that we’ve accomplished.

Greystone Arranges $28.5 Million Refinance for Dallas Multifamily Property

NEW YORK, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, arranged a $28.5 million refinance for The Azul Apartments in Dallas, TX, a 362-unit multifamily property.

NorthStar Moving Wins 2022 Disruptor Award for Social Responsibility

Los Angeles Business Journal honors NorthStar Moving for outstanding green practices & philanthropic work

Los Angeles, CA, Dec. 19, 2022 (GLOBE NEWSWIRE) -- NorthStar Moving® Company, the leading eco-luxury mover in California, is honored to announce that they won the Los Angeles Business Journal 2022 Disruptor Award for Social Responsibility.

Sentinel Net Lease Acquires Two Crown Point Office Building

Sentinel Net Lease

Two Crown Point , a 74,460 square foot office building located in Cincinnati, OH is tenanted by global engineering firm, Jacobs Solutions and HairClub.

Piedmont Office Realty Trust Completes Sales of Cambridge Assets and Extends $200 Million Term Loan

Atlanta, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sun Belt, announced today that it has completed the sales of its two Cambridge, MA assets, One Brattle Square and 1414 Massachusetts Avenue.

Brandywine Realty Trust Announces Expiration of Tender Offer for Any and All of its Outstanding 3.95% Guaranteed Notes due 2023 With Approximately $296 Million Having Been Tendered

PHILADELPHIA, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the “Company”) (NYSE:BDN) announced today the expiration of the previously announced cash tender offer (the “Tender Offer”) by its operating partnership, Brandywine Operating Partnership, LP (the “Operating Partnership”), for any and all of its outstanding 3.95% Guaranteed Notes due February 15, 2023 (the “Notes”).

Brookfield Office Properties Provides Update on Conversion Option for Its Class AAA Series II Preference Shares

Not for distribution to U.S. newswire services nor for dissemination to the United States.All amounts in Canadian dollars.

BROOKFIELD NEWS, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Brookfield Office Properties Inc.

Belpointe PREP, LLC Announces All Outstanding Loan Receivables Have Been Repaid In Full And Early

GREENWICH, Conn., Dec. 20, 2022 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ” or the “Company”), a publicly traded qualified opportunity fund, announced today that all of its outstanding loans receivables, including a $30.0 million related party loan, have been repaid in full.