Real Estate News

Landsea Homes Reports Third Quarter 2021 Results

Third Quarter 2021 Highlights- Increased fully diluted earnings by 130% -- Expanded home sales gross margins by 250 basis points -- Grew quarter-ending backlog units and dollar value by 18% and 38%, respectively -- Increased total lots owned and controlled by 46% -- Raised 2021 full year revenue net income outlook -

NEWPORT BEACH, Calif.

Forum Investment Group Launches New Credit & Structured Finance Platform for the Multifamily Real Estate Sector

Real estate investment and asset management firm brings on experienced team to support new credit and finance business vertical

DENVER, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Forum Investment Group (“Forum”), a Denver-based boutique real estate investment and asset management firm, today announced the launch of a new investment vertical focused on real estate credit and structured financing solutions for borrowers and multifamily owners/operators, and developers across the U.S.

Community Redevelopment, Inc. Co-Sponsors Aventura Marketing Council/Chamber of Commerce Chairman’s Roundtable Meeting

Chairman’s Roundtable meetings include elected officials and senior decision-makers from over 100 companies

MIAMI, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Community Redevelopment (OTC: CRDV) ("the Company"), a developer and owner of community oriented real estate in urban and suburban markets with a focus on all aspects of the real estate development cycle, announced today it co-sponsored the October 1, 2021 Aventura Marketing Council/Chamber of Commerce Chairman’s Roundtable Meeting at Gulfstream Park’s Flamingo Room.

Driven By Stem Chief Operating Officer Ellen Deutsch Inducted into Long Island Business Hall of Fame

BOCA RATON, Fla., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Stem Holdings, Inc. d/b/a Driven By Stem, (OTCQX: STMH) (CSE: STEM) (the "Company" or "Stem"), the first multi-state, vertically integrated Farm-to-Home™ (F2H) cultivation and technology omnichannel cannabis company featuring a proprietary Delivery-as-a-Service (DaaS) marketplace platform, announces Ellen Deutsch, Executive Vice President and Chief Operating Officer, will be inducted to the Long Island Business Hall of Fame at a ceremony hosted by Long Island Business News (LIBN) on November 9, 2021 at Crest Hollow Country Club, Woodbury, NY.

Harbor Custom Development, Inc. Enters Contract to Sell 30 Developed lots in Horseshoe Bay Texas for $6,045,000

Gig Harbor, Washington , Nov. 08, 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 Modern Homestead, LLC for the sale of 30 developed lots in the Summit Rock golf course development in Horseshoe Bay Texas for $6,045,000.

CorePoint Lodging Reports Third Quarter 2021 Results

IRVING, Texas, Nov. 08, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today reported operational and financial results for the third quarter ended September30, 2021.

CorePoint Lodging To Be Acquired By A Joint Venture Between Affiliates Of Highgate And Cerberus Capital Management, L.P. In $1.5 Billion All-Cash Transaction

CorePoint Stockholders to Receive $15.65 Per-Share in Cash

IRVING, Texas, Nov. 08, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today announced that it has entered into a definitive agreement to be acquired through a joint venture between affiliates of Highgate and Cerberus Capital Management, L.P.

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