Real Estate News

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

GRAPEVINE, Texas, Nov. 29, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the tenth 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”).

NorthStar Moving Partners with White-Glove Estate Management Service

Eco-luxury moving company teams up with Heritage Estate Management to care for clients’ homes

Los Angeles, CA, Nov. 29, 2021 (GLOBE NEWSWIRE) -- NorthStar Moving ® Company, the leading eco-luxury mover in California, announced today a new partnership with Heritage Estate Management, a full-service estate management provider, to make the transition easier during the moving process.

Community Redevelopment Continues Expansion; Signs LOI To Acquire Majority Membership Interest in 12 Property Washington, DC Portfolio

LOI marks Community Redevelopment’s continued commitment to rapid growth and expansion throughout the Mid-Atlantic and Southeastern United States

MIAMI, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Community Redevelopment (OTC: CRDV) ("the Company"), a developer of community oriented real estate in urban and suburban markets with a focus on all aspects of the real estate development cycle, announced today that it has signed a letter of intent to acquire a 51% majority membership interest in a portfolio of 12 properties, which are both leased and under development, in the Washington DC metropolitan region.

Matterport Announces Successful Completion of SOC 2 Type II Audit

Company ensures strict compliance in security and privacy for spatial data platform customers

SUNNYVALE, Calif., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced it has successfully completed a SOC 2 Type II Service Organization Control (SOC 2) audit for its platform and services.

Alpine Income Property Trust Increases Quarterly Dividend by 5.9% and Declares Dividend for the Fourth Quarter 2021

DAYTONA BEACH, Fla., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared a 5.9% increase in the Company’s quarterly cash dividend to $0.27 per share of common stock for the fourth quarter of 2021 as compared to its previous quarterly cash dividend of $0.255 per share of common stock.

Uniti Group Inc. to Present at the Barclays 2021 Global Technology, Media and Telecommunications Conference

LITTLE ROCK, Ark., Nov. 23, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Finance and Investor Relations, Bill DiTullio, are scheduled to participate at the Barclays 2021 Global Technology, Media and Telecommunications Conference.

Star Equity Holdings, Inc. Declares Cash Dividends Totaling $1.806 Per Share of 10% Series A Cumulative Perpetual Preferred Stock

OLD GREENWICH, Conn., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star Equity” or the “Company”), a diversified industry holding company, announced today that its Board of Directors (the “Board”) declared a cash dividend to holders of the Company’s 10% Series A Cumulative Perpetual Preferred Stock of $0.25 per share.

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