NEW YORK, July 13, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $25.8 million Freddie Mac Optigo® loan for the acquisition of a multifamily property in Chattanooga, Tennessee.
Real Estate News
The new program upgrades your offer to cash, giving you the edge you need to land a home in the highly competitive market.
SALT LAKE CITY, July 13, 2021 (GLOBE NEWSWIRE) -- As the housing market continues to set records with low inventory and increasing buyer competition, cash is king.
TYSONS, Va., July 13, 2021 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that it has entered into two separate, definitive contracts to sell the 360-room Le Meridien San Francisco and the 171-room Hotel Adagio, Autograph Collection (San Francisco, CA) for total proceeds of $303.5 million, or an average sale price of approximately $572,000 per key.
eXp World Holdings has expanded into Panama
Venn recently announced the completion of a $60 million Series B round and today Migdal is announcing its strategic investment with the aim of accompanying Venn during the company’s accelerated growth stage
TEL AVIV, Israel, July 13, 2021 (GLOBE NEWSWIRE) -- Migdal Insurance will invest $10 million in the Israeli company Venn as part of the startup’s current fundraising efforts, which have already pulled in $60 million in a Series B round.
NEW YORK, July 12, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided $36,464,000 million in HUD-insured financing for three skilled nursing facilities in North Carolina.
Rancho Costa Verde see best monthly sales since 2018
SAN DIEGO, CALIFORNIA, July 12, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILA” or the “Company”), an international land investment and development firm, announced lot sales for the month of June 2021 of almost $500,000 representing 12 lots at Rancho Costa Verde Development, LLC (“RCV”), in which ILA holds a 25% interest investment.
MIAMI, July 12, 2021 (GLOBE NEWSWIRE) -- Crosswind Renewable Energy Corp. Dba Community Redevelopment, Inc (OTC Pink: CWNR), a community oriented real estate redeveloper targeting economic growth and opportunity zones in secondary and tertiary markets, announced today that it has appointed Garfield Antonio as its President and as a member of its Board of Directors.
NEW YORK, July 08, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following updates on leasing, its acquisition and development pipeline, its potential dispositions and other corporate matters for the three months ended June 30, 2021 (the “2021 second quarter”):
Highlights
Agreed to proposed terms and received commitments for a new secured revolving credit facility of up to $100 million, which is expected to close in the 2021 third quarter, subject to the completion of a definitive credit agreementAcquired two industrial/logistics buildings, one in Charlotte, North Carolina (395,000 square feet) and one in the Lehigh Valley of Pennsylvania (127,500 square feet), for a combined purchase price of $53.7 millionAcquired approximately 14 acres of undeveloped land in Orlando, Florida for $5.25million, upon which the Company plans to construct two industrial/logistics buildings totaling approximately 195,000 square feetEntered into an agreement to sell approximately 670 acres of land in Granby and East Granby, Connecticut that comprise the Connecticut Nursery Farm, for anticipated proceeds of $10.3 million, if consummatedClosed on the sale of an approximately 7,200 square foot office/flex property in Windsor, Connecticut, in addition to two small parcels of undeveloped land in separate transactionsThe in-service stabilized industrial/logistics portfolio1 was 99.4% leased as of June 30, 2021Leasing Activity
During the 2021 second quarter, INDUS executed one industrial/logistics lease totaling approximately 4,800 square feet at its recently renovated property located at 170 Sunport Lane in the Orlando market.
NEW YORK, July 08, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided $18,320,000 in HUD 223(f) financing to refinance a 150-unit multifamily property in Grand Forks, North Dakota.