Real Estate News

Harbor Custom Development, Inc. Releases Second Quarter Financial Results – Reports Increases in Gross Revenues of 70% and Net Income of 346% over 2020

Gig Harbor, Washington , Aug. 16, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ: HCDI; HCDIP; HCDIW), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that 2021 second quarter revenues were $14,132,400 with net income of $1,069,400.

NewLake Capital Partners, Inc. Closes Initial Public Offering

NEW CANAAN, Conn., Aug. 16, 2021 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (the "Company"), a leading provider of real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third party purchases and funding for build-to-suit projects, today announced that it has closed its initial public offering of 3,905,950 shares of common stock at an initial public offering price of $26.00 per share.

Opendoor Technologies Inc. Announces Proposed Convertible Senior Notes Offering

SAN FRANCISCO, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN) (“Opendoor”), a leading digital platform for residential real estate, today announced its intention to offer, subject to market and other conditions, $750,000,000 aggregate principal amount of convertible senior notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

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