Real Estate News

Harbor Custom Development, Inc. Enters Contract to Purchase 60 Acre Townhome site in Tamp Bay, Florida Metro Market for $7,400,000

Gig Harbor, Washington , Dec. 29, 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 that it has entered into a contract with JIBA Family, LP and Bayonet Point Holdings, LLC for the purchase of 60 acres in Hudson, Florida for $7,400,000.

Upside Avenue Adds 16.6 Acres of Land to Portfolio

Multi-Housing Income REIT, Inc. adds San Antonio land development project

AUSTIN, Texas, Dec. 29, 2021 (GLOBE NEWSWIRE) -- Upside Avenue (Multi-Housing Income REIT, Inc.) announced today that during the fourth quarter of 2021, it contributed $531,483 for a minority interest in CG Sunset Land, LLC (“Sunset Land”).

Harbor Custom Development, Inc. Closes on Sale of 30 Developed lots to Modern Homestead for $6,045,000

Gig Harbor, Washington , Dec. 27, 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 that it has closed on the sale of 30 developed lots in the Summit Rock golf course development in Horseshoe Bay Texas to Modern Homestead, LLC for $6,045,000.

United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Eleventh Extended Hostile Tender Offer

GRAPEVINE, Texas, Dec. 23, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the eleventh extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per share (the “Tender Offer”).

Matterport Names Peter Presunka as Chief Accounting Officer

Presunka to oversee technical accounting operations and financial reporting

SUNNYVALE, Calif., Dec. 23, 2021 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that Peter Presunka has joined the company as Chief Accounting Officer.

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