Real Estate News

Upside Avenue Announces 2022 NAV Change for Multi-Housing Income REIT

Multifamily real estate investment trust increases share price by 14.7%

AUSTIN, Texas, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Upside Avenue (Multi-Housing Income REIT, Inc.)announced today that its NAVwill change from $10.00 per share to$11.47.This change will be effectiveJanuary 1, 2022.The increase in Net Asset Value per share comes as a result ofCasoroGroup’s ability to increase net operating income for each of the assets Upside has invested in, thereby creating a significant market premium over book value.Management continues to execute on its value-add program, while also exploring “ground-up development” opportunities to further drive returns for its shareholders.

Matterport Receives Comparably awards for Best Company Culture and Best Company for Women

Multiple category wins demonstrate Matterport’s dedication to its people

SUNNYVALE, Calif., Dec. 16, 2021 (GLOBE NEWSWIRE) -- Matterport, Inc. (“Matterport”) (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that Matterport has won two Comparably Awards, including Best Company Culture and Best Company for Women.

Harbor Custom Development, Inc. Closes on $3.87M Sale of 27 Developed Lots to Century Communities

Gig Harbor, Washington , Dec. 16, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced it has closed on the sale of 27 developed lots in its Horizon at Semiahmoo subdivision in Blaine, Washington, to Century Communities for $3.87 million.

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