Real Estate News

$450 Million Offering Comprised of Greystone Bridge Loans on Healthcare Properties

NEW YORK, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, today announced the closing on December 14, 2021 of Greystone CRE Notes 2021-HC2, Ltd.

SAN DIEGO, Dec. 15, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today that it has concluded the Board refreshment and governance review it launched after its 2021 Annual Meeting and has appointed Zabrina Jenkins and Adrienne Banks Pitts as independent directors, effective December 15, 2021, and has adopted a Bylaw amendment to enhance stockholder rights.

Highlights Successful Transformation to Industrial Focused Portfolio and Growth Strategy

NEW YORK, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE: LXP) (“LXP” or “the Company”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced a corporate rebranding and name change to LXP Industrial Trust.

SUNNYVALE, Calif., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Matterport, Inc. (“Matterport” or the “Company”) (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that the Company will redeem all of its outstanding warrants (the “Public Warrants”) to purchase shares of the Company’s Class A common stock, par value $0.0001 per share (“Common Stock”), that were issued under the Warrant Agreement entered into between the Company and Continental Stock Transfer & Trust Company (“Continental”) on December 15, 2020, as amended by that certain First Amendment to Warrant Agreement, by and among the Company, Continental and American Stock Transfer & Trust Company (“AST”), dated as of July 22, 2021 (as amended, the “Warrant Agreement”), as part of the units sold in the Company’s initial public offering (the “IPO”) and that remain outstanding at 5:00 p.m.

NEW YORK, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $29,121,000 HUD-insured loan to refinance a 185-unit multifamily property in Lompoc, California.

SANATOGA, Pa., Dec. 14, 2021 (GLOBE NEWSWIRE) -- Developer, Castle Sanatoga, LLC, and manager, Lincoln Property Company, have announced the groundbreaking event to formally launch Apartments at Sanatoga Greene will occur on Thursday, December 16, 2021.

NEW YORK, Dec. 14, 2021 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced the sale of its ownership interest in 707 Eleventh Avenue for a gross sale price of $95.0 million to a domestic buyer.

Tenant engagement strategies are key for return to office plans

CHICAGO, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Retaining, attracting, and building stronger relationships with tenants returning to the office will be critical for the long-term success of commercial office buildings.

ORLANDO, Florida, Dec. 14, 2021 (GLOBE NEWSWIRE) -- BW Property Management is pleased to announce that it is now in negotiations to become a subsidiary of KYN Capital Group (OTC:KYNC).