Real Estate News

Star Equity Holdings Announces Pricing of $14.25 Million Underwritten Public Offering

OLD GREENWICH, Conn., Jan. 19, 2022 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star Equity” or the “Company”), a diversified holding company, today announced the pricing of an underwritten public offering of 9,500,000 shares of its common stock (or pre-funded warrants to purchase shares of common stock in lieu thereof) and warrants to purchase up to 9,500,000 shares of the Company’s common stock (the “common warrants”).

Hersha Hospitality Trust Provides Operational Update

- December Property-Level Cash Flow of $9.7 Million -

PHILADELPHIA, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced preliminary operating results for December 2021.

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

GRAPEVINE, Texas, Jan. 19, 2022 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the twelfth extended unsolicited tender offer made by hedge fund NexPoint Diversified Real Estate Trust (NexPoint), formerly the NexPoint Strategic Opportunities Fund, to purchase all Trust common shares (the “Shares”) for $1.10 per share (the “Tender Offer”).

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