Real Estate News

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

GRAPEVINE, Texas, Aug. 10, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the seventh 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”).

Harbor Custom Development, Inc. Closes 189 Unit Oceanfront Condominium Site in Punta Gorda, Florida for $4,700,000

Gig Harbor, Washington , Aug. 10, 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 it closed on a 40+ acre oceanfront parcel in Punta Gorda, Florida for $4,700,000 for the purpose of constructing 189 oceanfront condominium units.

INDUS Announces Agreement to Acquire Land for Development

NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, announced today that it recently entered into an agreement (the “Purchase Agreement”) to acquire, for a purchase price of $2.25million, approximately 10.6 acres of undeveloped land in the Lehigh Valley of Pennsylvania (the “Lehigh Valley Land”).

INDUS Announces Agreement to Acquire a Two-Building Industrial/Logistics Portfolio

NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, announced today that it recently entered into an agreement (the “Forward Purchase Agreement”) to acquire, for a purchase price of $31.5 million, an under-construction, approximately 184,000 square foot industrial/logistics portfolio in Nashville, Tennessee (the “Nashville Acquisition”).

Monmouth Comments on ISS Report

ISS Recognizes Monmouth Board Ran Organized and Thorough Strategic Alternatives Process and Acknowledges the Benefits of a Transaction with EQC

Monmouth Urges Stockholders to Vote the WHITE Proxy Card “FOR” the Equity Commonwealth Transaction

HOLMDEL, N.J.

Compare listings

Compare