Real Estate News – Page 395

eXp Realty Leverages the Power of Artificial Intelligence to Enhance Agent Support, Increase Productivity

eXp Realty is building on its focus on innovation and technology with the launch of an AI support chatbot called “Luna.

Madison Realty Capital Originates $262 Million Construction Loan for E11EVEN Residences Beyond Luxury Condominiums in Miami

NEW YORK, June 06, 2023 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has originated a $262 million construction loan to developersPMG andE11EVEN Partners forE11EVEN Residences Beyond, an ultra-luxury, dual-tower development located in Miami’s District 11 neighboring theE11EVEN Hotel & Residences Miami development.

LGI Homes, Inc. Reports May 2023 Home Closings

THE WOODLANDS, Texas, June 05, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 633 homes in May 2023.

As of May 31, 2023, the Company had 101 active selling communities.

Ryman Hospitality Properties, Inc. Announces Offering of 3,500,000 Shares of Common Stock

NASHVILLE, Tenn., June 05, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced that it has commenced an underwritten registered public offering (the “Offering”) of 3,500,000 shares of its common stock, par value $0.01 per share.

eXp Realty Launches My Link My Lead at 9th Annual Shareholder Summit

Lead generation tool will drive business to eXp Realty agents

Ryman Hospitality Properties, Inc. to Acquire JW Marriott San Antonio Hill Country Resort & Spa from Blackstone Real Estate Income Trust, Inc. for $800 Million

NASHVILLE, Tenn.and NEW YORK, June 05, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”) and Blackstone Real Estate Income Trust, Inc.

Landsea Homes to Present at LD Micro Invitational Conference

DALLAS, June 05, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ: LSEA) announced today that it will participate in the 13th Annual LD Micro Invitational at the Luxe Sunset Boulevard Hotel in Los Angeles, California on June 7th, 2023.

Greystone Provides $35 Million in Fannie Mae Financing for Multifamily Property in Fairfield County, Connecticut

NEW YORK, June 05, 2023 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $35 million Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 165-unit multifamily property in Brookfield, Connecticut.

SL Green Signs 31 Office Leases Totaling 300,000 Square Feet in Last 60 Days

Year-to-Date Office Leasing Exceeds 800,000 Square Feet

NEW YORK, June 05, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), New York City’s largest office landlord, today announced that it has signed 31 office leases covering 299,137 square feet to date in the second quarter, increasing 2023 office leasing volume to 803,819 square feet, while maintaining an office leasing pipeline in excess of 1.0 million square feet.

Alpine Income Property Trust Provides Operational Update

WINTER PARK, Fla., June 05, 2023 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that in connection with the Company’s participation in NAREIT’s upcoming REITWeek Conference, the Company has published its June 2023 Investor Presentation to its website and provided an update on its year-to-date investment activity:

During 2023, the Company acquired nine net lease retail properties for total acquisition volume of $60.5 million at a weighted average going-in cash cap rate of 6.8%.