Real Estate News – Page 37

Green Building Initiative Elects Sumayyah Theron as Chair of its Board of Directors

Membership elects Theron and new Directors to GBI’s Board

PORTLAND, Ore., Jan. 15, 2026 (GLOBE NEWSWIRE) -- The Green Building Initiative (GBI) is pleased to announce its 2026 Board of Directors, including newly elected officers and directors approved by GBI membership, effective December 1, 2025.

National Industrial Outdoor Storage Leader, Alterra IOS, Secures $100M Credit Facility from BMO

New financing enhances firm’s capital efficiency for Alterra’s rapidly growing platform

PHILADELPHIA, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Alterra IOS (“Alterra”), a prominent player in the industrial outdoor storage (“IOS”) sector that has acquired over 400 sites nationwide, today announced the closing of a $100 million fund-level revolving credit facility from BMO.

WNC & Associates, Freeport Housing Trust, Best Apartments, Inc. and CVS Health Break Ground on Varney Heights, a 42-Unit Senior Housing Community in Freeport, Maine

New development will expand affordable housing options for seniors ages 55+ amid growing regional demand

Varney Heights Senior Housing Community

WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, their investor CVS Health, and co-developers, Freeport Housing Trust and Best Apartments, Inc.

Inventor and Investor David Ebrahimzadeh Awarded U.S. Patent for Automotive Emergency Evacuation System Addressing a Critical Safety Gap

Issued U.S. patent introduces a remotely actuated vehicle evacuation technology designed to improve survivability in high-risk post-collision scenarios

BLAQclouds, Inc. Files Annual Report with OTC Markets and Outlines Four Pillars Growth Strategy for 2026

ROBESONIA, Pa., Jan. 15, 2026 (GLOBE NEWSWIRE) -- BLAQclouds, Inc. (OTC: BCDS), a Web3 infrastructure, fintech, and real-world asset (RWA) technology company, today announced that it has filed its Annual Report with OTC Markets for the fiscal year ended December 31, 2025, providing shareholders and the market with a comprehensive update on the Company’s financial performance, balance sheet initiatives, and strategic roadmap.

SL Green Closes Acquisition of Park Avenue Tower

Secures New Financing of $480.0 Million

NEW YORK, Jan. 15, 2026 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that it has closed on the previously announced acquisition of Park Avenue Tower, located at 65 East 55th Street, for $730.0 million.

Open Industrial and Heitman Form IOS Partnership

NEW YORK, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Open Industrial and Heitman LLC (“Heitman”) announced the formation of a new partnership to recapitalize a 25-property, 105-acre industrial outdoor storage (“IOS”) portfolio.

Belpointe OZ Enters Into Agreement for Darien, Connecticut, Luxury Multifamily Development Site

Greenwich, Connecticut, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (“Belpointe OZ,” “we,” “us,” “our” or the “Company”) (NYSE American: OZ), a publicly traded qualified opportunity fund, announced today that the Company entered into an agreement relating to a development site located at 100 Tokeneke Road in Darien, Connecticut (the “Property”), one of the most affluent and supply-constrained residential markets in the region.

LXP Industrial Trust Closes on $600 Million Unsecured Revolving Credit Facility and $250 Million Unsecured Term Loan

Extends Maturity and Reduces Pricing on Unsecured Revolving Credit Facility and Term Loan

WEST PALM BEACH, Fla., Jan. 14, 2026 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced it has closed a $600 million senior unsecured revolving credit facility.

Parcl Appoints Former CFTC Commissioner Dawn D. Stump as Strategic Advisor

NEW YORK, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Parcl, the real-time housing data and onchain real estate platform, today announced that former U.S. Commodity Futures Trading Commission (CFTC) Commissioner Dawn D.