Real Estate News

$28.9 Million Planned to Build 132-Unit Multifamily Project in East Charlotte, North Carolina

NEW YORK, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Greystone Affordable Development and Urban Trends Real Estate Inc.

NEW YORK, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $31 million Fannie Mae Delegated Underwriting and Servicing (DUS®) Green Rewards loan to refinance a 189-unit multifamily property in Louisville, KY.

GRAPEVINE, Texas, Jan. 19, 2022 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the twelfth extended unsolicited tender offer made by hedge fund NexPoint Diversified Real Estate Trust (NexPoint), formerly the NexPoint Strategic Opportunities Fund, to purchase all Trust common shares (the “Shares”) for $1.10 per share (the “Tender Offer”).

Scott Hogan Appointed Chief Financial Officer

HOUSTON, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees (the “Board”) has appointed Dave Holeman as Chief Executive Officer of the Company, effective immediately.

Together with Matterport, Allseated is transforming the event planning industry with digital twins and virtual reality

SUNNYVALE, Calif., Jan. 19, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc.

4,600 square foot retail storefront generated approximately $5.5 million in medicinal retail cannabis sales in 2021 with potential to double under adult-use

BOCA RATON, Fla., Jan. 19, 2022 (GLOBE NEWSWIRE) -- Stem Holdings, Inc.

BROOKFIELD NEWS, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Brookfield Office Properties Inc. (“Brookfield”) today announced it has received approval from the Toronto Stock Exchange (“TSX”) for the renewal of its normal course issuer bid to purchase up to 10% of the public float of each series of the company’s outstanding Class AAA Preference Shares that are listed on the TSX (the “Preferred Shares”).

NEW CANAAN, Conn., Jan. 18, 2022 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OCTQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that Anthony Coniglio, President and Chief Investment Officer, will participate in the 2022 KCSA Cannabis Virtual Investor Conference to be held virtually from January 19th - 20th.

SAN DIEGO, Jan. 18, 2022 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2021 dividend distributions as follows:

Security Descriptions:Common StockCUSIP:024013104Ticker Symbol:AAT