TYSONS, Va., Dec. 22, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today provided an update on fourth quarter operating trends and the Company’s capital allocation activity.
Real Estate News
$197M Total Investment (at HIW Share)557,000 Square Feet Trophy Mixed-Use Asset; 99% LeasedSubstantially Below-Market RentsIdeally Situated Four Blocks from 23Springs Development Project_________________________________________
RALEIGH, N.C., Dec.
FREEHOLD, NJ, Dec. 15, 2022 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) closed on the acquisition of a manufactured home community, located in Jackson, New Jersey, for a total purchase price of $23 million.
PHILADELPHIA, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced its Board of Trustees has approved a special dividend of $0.50 per common share and per limited partnership unit for the year ending December 31, 2022.
HOUSTON, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company's common shares and operating partnership units for the first quarter of 2023.
Declares Special Dividend of $0.29 per common share for 2022 Tax Year
CHICAGO, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc.
NEW YORK, Dec. 12, 2022 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today announced that its Board of Directors has named Nicholas Mah as President of the Company, effective January 1, 2023.
One Madison Avenue, the 27 story, 1.4-million-square-foot office building located adjacent to Madison Square park, will feature unprecedented retail, wellness and hospitality-focused amenities complete with tenant lounge and rooftop event space
Slated for on-time completion in November 2023, the neighborhood-defining office tower is already 55% leased
Renderings of the project can be found here.
Positive outlook for 2023 with sales now back to pre-COVID levels
SAN DIEGO, CALIFORNIA, Dec. 13, 2022 (GLOBE NEWSWIRE) -- International Land Alliance, Inc.