Real Estate News

New Data Suggests Young, Well-Off Most Likely to Move

Data from Audience Town Indicates Most Likely Movers Are Ages 30-39, With Incomes $75k - $100k and Average Household Savings of $23k

NEWARK, N.J., July 21, 2021 (GLOBE NEWSWIRE) -- Among people most likely to move in the next three months, the greatest share are in their 30s and have more in savings and assets than the national average, according to a quarterly study by Audience Town, the advertising platform for real estate, moving and home.

Monmouth Real Estate Investment Corporation Announces Receipt of Amendment to Unsolicited Acquisition Proposal

No Action Needs to be Taken by Monmouth Shareholders at This Time

HOLMDEL, N.J., July 16, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that it received an amendment to the unsolicited acquisition proposal it previously received on July 8, 2021 from a certain large private investment firm.

Kite Realty Group Trust and Retail Properties of America, Inc. Announce $7.5 Billion Strategic Merger

Expected to be Immediately Accretive to Earnings per Share While Improving Balance Sheet

Strengthens High-Quality Open-Air Shopping Center Portfolio

Expands Presence in Strategic Markets

Provides Future Value Creation Opportunities

Creates a Top 5 Shopping Center REIT by Total Enterprise Value

INDIANAPOLIS and CHICAGO, July 19, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) and Retail Properties of America, Inc.

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