MONTREAL and LOS ANGELES, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Ivanhoé Cambridge is expanding its relationship with Mount Auburn Multifamily by investing $150 million of preferred equity directly into the company.
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Gig Harbor, Washington, Oct. 04, 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 the pricing of its underwritten public offering (the “Offering”) of 2,400,000 shares of 8.0% Series A Cumulative Convertible Preferred Stock (the “Series A Preferred Stock”) and 12,000,000 warrants to each purchase one share of common stock (“Warrants”).
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NEWPORT BEACH, Calif., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) announced today that the company will release its results for the third quarter of 2021 before the market opens on Wednesday, November 10, 2021.
NEW YORK, Oct. 05, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following updates on leasing, its acquisition and development pipeline, its potential dispositions and other corporate matters for the three months ended September 30, 2021 (the “2021 third quarter”):
Highlights
Acquired a 139,500 square foot industrial/logistics building in Lakeland, Florida for a purchase price of $17.8 millionEntered into an agreement to acquire, for a purchase price of $31.5 million, an under-construction, approximately 184,000 square foot industrial/logistics portfolio in Nashville, TennesseeEntered into an agreement to acquire, for a purchase price of $14.6 million, an approximately 128,000 square foot, fully-leased, industrial/logistics building in Charlotte, North CarolinaEntered into an agreement to acquire, for a purchase price of $2.25 million, approximately 10.6 acres of undeveloped land in the Lehigh Valley of Pennsylvania, upon which INDUS intends to construct, on speculation, an approximately 90,000 square foot industrial/logistics buildingEntered into three separate non-binding letters of intent (“LOIs”) for three industrial/logistics buildings totaling approximately 690,000 square feet for a combined purchase price of approximately $77.8 millionCompleted new leases of approximately 115,000 square feet and renewals of approximately 145,000 square feet in the industrial/logistics portfolioGenerated proceeds of approximately $7.4 million from real estate sales in the 2021 third quarter and announced approximately $40.7 million under contract for saleEntered into a new secured revolving credit facility of up to $100 millionStabilized industrial/logistics portfolio1 was 99.4% leased as of September 30, 2021Industrial/Logistics Leasing Activity2
INDUS reported the following metrics for its industrial/logistics portfolio for the 2021 third quarter:
Number of LeasesSquare FeetWeighted Avg.2021 Cohort of Early-Stage Real-Estate Tech Companies Will Receive Coaching, Funding Opportunities and Executive Networking
NEWARK, N.J., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Audience Town, the advertising platform for real estate, moving and home, announced today that the company has been selected among the 2021 midyear cohort to participate in the Moderne Ventures Passport Program, a leading financial and business development partnership that builds resources and expertise among early-stage real-estate tech startups.
LITTLE ROCK, Ark., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its third quarter 2021 financial results prior to the opening of trading on the Nasdaq Stock Exchange on November 4, 2021.
Atlanta, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its third quarter financial results on Wednesday, October 27, 2021, after the close of trading on the New York Stock Exchange.
NEW YORK, Oct. 05, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today announced that it has commenced an offering of 2,000,000 shares of common stock.
IRONWOOD, Mich., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) announced today that it has completed the purchase of 29,071 acres of severed mineral properties from Sage Minerals Inc.