Real Estate News
JACKSONVILLE, Fla., April 12, 2022 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency” or the “Company”) (Nasdaq:REG) today announced forthcoming changes to its executive management team.
Atlanta, April 12, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Wednesday, April 27, 2022, after the close of trading on the New York Stock Exchange.
TYSONS, Va., April 13, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today provided an operational update.
Recent Highlights
Occupancy for March 2022 for Park’s 48 consolidated hotels was 63.0%, a sequential improvement of over 10 percentage points from February 2022;Repurchased 3.4 million shares of common stock at an average price of $17.99 per share, or $61 million, during the first quarter of 2022; andAccelerated plans to reopen Park’s remaining suspended hotel, the 1,024-room Parc 55 San Francisco – a Hilton Hotel, with a target reopening date of May 19, 2022, based on improving demand trends in the San Francisco market.Leading global construction firm reduces costs, accelerates ADA improvements with virtual collaboration
SUNNYVALE, Calif., April 14, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that Gilbane Building Company (“Gilbane”), a global leader in real estate, construction, and facility management services, has realized 25 to 30 percent in cost and time savings by adopting Matterport digital twins to enable remote collaboration during its design, build program delivery.
Development Sites Recently Sold By RRA/GREA
NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) -- Madison Newbond, the institutional lending platform of Madison Realty Capital and Newbond Holdings (“Newbond”) that provides first mortgages, mezzanine loans and preferred equity to hotel owners and developers nationwide, today announced it has originated a $72 million loan to Stratus Development Partners for two newly-built hotels in Sonoma and Napa, California operating under the Cambria brand.
WINTER PARK, Fla., April 14, 2022 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced the disposition of its single tenant office property located in Hillsboro, Oregon and net leased to Wells Fargo (the “Property”).
NEW YORK, April 14, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $16,605,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 168-unit multifamily property in Tallahassee, Florida.
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