Real Estate News

Highwoods Acquires Development Land in Nashville Area

Ovation in Franklin$57.8M Purchase Price

Plans to Re-Imagine Mixed-Use Project

RALEIGH, N.C., Oct. 06, 2021 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announced today it has acquired the remaining 77 acres of development land at Ovation in the Cool Springs district of Franklin, TN, one of Nashville’s BBDs (Best Business Districts), for a total purchase price of $57.8 million.

Landsea Homes Announces New Unsecured Credit Facility

NEWPORT BEACH, Calif., Oct. 07, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that the Company has established a $500 million unsecured revolving credit facility with an accordion feature that permits increases in borrowing capacity under the revolving credit facility up to an additional $350 million subject to certain conditions.

NewLake Capital Partners Announces Participation in Upcoming Investor Conferences

NEW CANAAN, Conn., Oct. 07, 2021 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that the Company will participate in two upcoming conferences:

Benzinga’s Cannabis Capital Conference is being held on Thursday, October 14, 2021, virtually and in-person at the Marriott Marquis in New York City.

International Land Alliance to Present at LD Micro Main Event on October 12, 2021

SAN DIEGO, CALIFORNIA, Oct. 07, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILA” or the “Company”), an international land investment and development firm, today announced that management will present at the LD Micro Main Event investor conference taking place October 12-14, 2021 virtually and in-person at the Luxe Sunset Bel Air in Los Angeles, California.

Sun Communities Enhances Leadership Team With EVP of Corporate Strategy and Business Development

Aaron Weiss Joins Management Team

Southfield, MI, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) a real estate investment trust that owns and operates, or has an interest in, manufactured housing communities, recreational vehicle resorts and marinas, announced today the appointment of Aaron Weiss as Executive Vice President of Corporate Strategy and Business Development.

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