Real Estate News

Believes Shareholders Deserve an Opportunity to Decide on Board Composition As Soon As Possible

Responds to Misleading Earnings Release and the Company’s Refusal to Engage

OLD GREENWICH, CT, April 08, 2022 (GLOBE NEWSWIRE) -- Star Equity Fund, LP (“Star Equity Fund” or “we”), a shareholder of Servotronics, Inc.

Remains Open to Opportunities to Maximize Shareholder Value

NEW YORK, April 08, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (“LXP” or the “Company”), a real estate investment trust (REIT) focused on single-tenant warehouse/distribution real estate investments, today announced that its Board of Trustees has unanimously determined to suspend the Company’s previously announced evaluation of strategic alternatives.

NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has placed $140 million in total financing for both the refinancing and new construction of senior housing in Scottsdale, AZ.

NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided an $11,050,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 124-unit multifamily property in Oakland Park, Florida.

WINTER PARK, Fla., April 11, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced it has entered into a preferred equity agreement to provide $30.0 million of funding towards the acquisition of the Watters Creek at Montgomery Farm grocery-anchored, mixed-use property in Allen, Texas (the “Preferred Investment”).

Southfield, MI, April 05, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced that its operating partnership, Sun Communities Operating Limited Partnership (the "Operating Partnership"), has priced a public offering of $600 million aggregate principal amount of 4.200% senior notes due 2032 (the "Notes").

THE WOODLANDS, Texas, April 05, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 658 homes in March 2022. In addition, the Company announced quarterly home closings of 1,599 during the first quarter of 2022.

NEW YORK, April 06, 2022 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that it acquired The Crossings shopping center adjacent to the high barrier, coastal community of Portsmouth, NH in an off-market deal for a contract price of $104.0 million.

C3 transaction adds to NewLake’s robust portfolio and strengthens pipeline for future growth

NEW CANAAN, Conn., April 06, 2022 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc.

As Part of the Long-Term Partnership, Related Made a Strategic Investment in HqO and Will Join its Board of Directors

BOSTON, April 06, 2022 (GLOBE NEWSWIRE) -- HqO, the industry-leading tenant and workplace experience platform, today announced a strategic partnership with Related Companies, the most prominent privately-owned real estate firm in the U.S.