Real Estate News

CTO Realty Growth Announces $30.0 Million Preferred Investment in Watters Creek at Montgomery Farm in the Allen Submarket of Dallas, TX

WINTER PARK, Fla., April 11, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced it has entered into a preferred equity agreement to provide $30.0 million of funding towards the acquisition of the Watters Creek at Montgomery Farm grocery-anchored, mixed-use property in Allen, Texas (the “Preferred Investment”).

Sun Communities, Inc. Prices $600 Million of Senior Notes

Southfield, MI, April 05, 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 that its operating partnership, Sun Communities Operating Limited Partnership (the "Operating Partnership"), has priced a public offering of $600 million aggregate principal amount of 4.200% senior notes due 2032 (the "Notes").

Stem Holdings Announces Closing of Private Placement

BOCA RATON, Fla., April 07, 2022 (GLOBE NEWSWIRE) -- Stem Holdings, Inc. (OTCQX: STMH) (CSE: STEM) (the “Company” or “Stem”), a vertically integrated cannabis operator, is pleased to announce that the Company has completed the private placement of a USD$500,000 unsecured promissory note (the “Note”) and 500,000 common share purchase warrants (the “Warrants”) to an arm’s length lender (the “Offering”).

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