Real Estate News – Page 371

Athena Real Estate Continues Its RV Park & Resort Expansion with Lake George Camping Village

ORLANDO, Fla., March 24, 2022 (GLOBE NEWSWIRE) -- Athena Real Estate, LLC is pleased to announce the acquisition of Lake George Camping Village (formerly, Adirondack Camping Village) in New York State.

Stratus Properties Inc. and Ryman Hospitality Properties, Inc. Provide Update on Anticipated Closing Date for Sale of Block 21

NASHVILLE, Tenn., March 28, 2022 (GLOBE NEWSWIRE) -- Stratus Properties Inc. (NASDAQ: STRS) (“Stratus”) and Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”) announced today that the anticipated closing date for the previously announced sale of Block 21 by Stratus to Ryman has been extended, as the parties complete the process of obtaining the remaining required approvals of the assumption of the property’s existing mortgage loan by the purchaser.

Whitestone REIT Announces First Quarter 2022 Earnings Webcast and Conference Call

HOUSTON, March 28, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the first quarter ended March 31, 2022 after the market close on Tuesday, May 3, 2022.

Wendover Housing Partners and Universal Parks & Resorts Release Development Plan for Housing for Tomorrow Initiative

“Catchlight Crossings” will redefine what affordable housing can be and address the Orlando area’s critical need for affordable housing

ORLANDO, Fla., March 29, 2022 (GLOBE NEWSWIRE) -- Wendover Housing Partners and Universal Parks & Resorts today revealed the initial development plan for Universal’s Housing for Tomorrow initiative, a new approach aimed at helping address the shortage of affordable housing in Orlando.

Rittenhouse Realty Advisors, A Member of GREA, Sells Newly Constructed Apartment Building Totaling 31 Units in Olde Kensington Neighborhood of Philadelphia, PA for $9,050,000

SOLD: 1216-1226 North 5th Street in Philadelphia, PA

Uniti’s First Private Wave Channel Product Goes Live in Florida

Announces Additional Routes Throughout the Southeast

LITTLE ROCK, Ark., March 22, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it has delivered 3.6 terabits of bandwidth to a large national fiber provider, its first customer on its state-of-the-art Open Line System, connecting Tampa to Miami, FL.

Leading Provider of Construction Systems Chooses Piedmont’s Atlanta Galleria for New Corporate Headquarters

Atlanta, March 23, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, today announced that it has signed a 50,000 square-foot lease through 2034 with a leading provider of construction systems.

EXIT Realty Corp. International Announces More Than $925,000 Paid in Beneficiary Residuals

Mississauga, ON, March 23, 2022 (GLOBE NEWSWIRE) -- Steve Morris, Founder and Chairman of EXIT Realty Corp. International today announced that the company has paid more than $925,000 in beneficiary residuals to associates’ loved ones.

Greystone Provides $123 Million in HUD-Insured Financing for Multifamily Properties in Riverside, CA

NEW YORK, March 23, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $123,047,900 in HUD-insured loans to refinance a 560-unit multifamily property portfolio in Riverside, CA.

CNL Healthcare Properties Announces Net Asset Value Per Share of $7.37

Orlando, Fla., March 23, 2022 (GLOBE NEWSWIRE) -- CNL Healthcare Properties, a real estate investment trust focused on seniors housing, announced that its board of directors unanimously approved an estimated net asset value (NAV) per share of $7.37 as of Dec.