Real Estate News – Page 395

Macerich To Present at BofA Securities 2023 Global Real Estate Conference

SANTA MONICA, Calif., Sept. 05, 2023 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) today announced that Scott Kingsmore, Senior Executive Vice President and Chief Financial Officer, and Doug Healey, Senior Executive Vice President Leasing will present to/speak with investors at BofA Securities 2023 Global Real Estate Conference in New York, NY September 12-13, 2023.

Appreciate Receives Notice From Nasdaq Regarding Late Filing of its Form 10-Q

MINNETONKA, Minn., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Appreciate Holdings, Inc. (“Appreciate” or the “Company”) (NASDAQ: SFR), the parent holding company of Renters Warehouse (“Renters Warehouse”), a leading end-to-end Single-Family Rental (“SFR”) marketplace and management platform, today announced that it received a written notice (the “Notice”) on August 22, 2023, from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”), as a result of its failure to file Form 10-Q for the period ended June 30, 2023 (the “Form 10-Q) in a timely manner.

LGI Homes Announces Opening of New Community in Master-Planned Community near Sacramento

LGI Homes announces the grand opening of Velare at Twelve Bridges in Lincoln, a community of new, move-in ready homes with designer upgrades included.

Kimco Realty® to Acquire RPT Realty in All-Stock Transaction

– Expected to Be Immediately Accretive to Funds From Operations (“FFO”)and Leverage Neutral Upon Closing –

– Provides Multiple Future Growth and Value Creation Opportunities –

– Assets Complement Kimco’s High-Quality, First-Ring Suburban Grocery-Anchored & Mixed-Use Shopping Center Portfolio in Major Sun Belt & Coastal Markets –

JERICHO, N.Y.

Hersha Hospitality Trust to be Acquired by KSL Capital Partners

Hersha common shareholders to receive $10.00 per share in cash, a 60% premium to prior closing price

Provides shareholders with immediate and certain value at a substantial premium

PHILADELPHIA and DENVER, Aug.

ARMOUR Residential REIT, Inc. Announces One-for-Five Reverse Stock Split, Continued Dividend Rate per Common Share for September 2023 and Stable Q4 Dividend Guidance

VERO BEACH, Florida, Aug. 29, 2023 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced that its Board of Directors has approved a reverse stock split of ARMOUR's outstanding shares of common stock at a ratio of one-for-five and the September 2023 dividend for the Company's Common Stock.

Americold Appoints Bryan Verbarendse as Chief Operating Officer for North America

ATLANTA, GA, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics real estate, and value-added services focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced the appointment of Bryan Verbarendse as Chief Operating Officer for North America.

Another Seven New Markets Opened by EXIT Realty

Woburn, MA, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Craig Witt, CEO-USA for EXIT Realty Corp. International today announced another seven new markets opened by the real estate franchisor increasing the number of new markets opened in 2023 to 28.