Real Estate News

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Forms 50/50 Joint Ventures with Granite Properties for Trophy Developments in Two Dallas BBDs$660M Total Anticipated Investment (at 100%)

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Plans to Exit Pittsburgh MarketDallas Market Entry Expected to be Funded Through Pittsburgh Asset Sales Over Next Few Years_________________________________________

RALEIGH, N.C.

BROOKFIELD NEWS, July 19, 2022 (GLOBE NEWSWIRE) -- Brookfield Real Estate Income Trust Inc. today announced that its 2022 Annual Meeting of Stockholders (the “Annual Meeting”), held on July 14, 2022 at 11:00 a.m.

NEW YORK, July 19, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE:LXP) (“LXP”), a real estate investment trust (REIT) focused on single-tenant warehouse and distribution real estate investments, today announced it will release its second quarter 2022 financial results the morning of Thursday, August 4, 2022.

NEW YORK, July 05, 2022 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has completed the previously announced sale of the Center Building, an eight-story 498,000 square foot office building located at 33-00 Northern Boulevard in Long Island City, New York, for $172.8 million.

NEW YORK, July 05, 2022 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has recently completed four refinancings totaling $3.2 billion.

THE WOODLANDS, Texas, July 06, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 627 homes in June 2022, resulting in a total of 2,027 homes closed during the second quarter of 2022.

Now Leasing - Extensive Renovations and Rebrand Complete

DALLAS, July 06, 2022 (GLOBE NEWSWIRE) -- The Kor Group, a vertically-integrated real estate investment, development, and management firm, today announced the launch of its new luxury residential lifestyle brand in tandem with comprehensive renovations at Whitney Uptown, a 21-story luxury apartment and penthouse community with 196 units in the charming Uptown neighborhood.

Now Leasing - Extensive Renovations and Rebrand Complete

DALLAS, July 06, 2022 (GLOBE NEWSWIRE) -- The Kor Group, a vertically-integrated real estate investment, development, and management firm, today announced the launch of a new approachable residential lifestyle brand in tandem with the completion of comprehensive renovations at Wray North Dallas, an inviting, lush, garden-style apartment and townhome community comprised of 276 units just west of Plano, TX.

IPO capital now fully committed

NEW CANAAN, Conn., July 06, 2022 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (the “Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today is announcing $50 million of investments across three properties, marking the full commitment of capital raised during the Company’s initial public offering.

Joins ISS in Recommending “FOR” transaction with HTA consistent with HR Board’s unanimous recommendation

NASHVILLE, Tenn., July 06, 2022 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) (“Healthcare Realty” or the “Company”)today announced that independent proxy advisory firm Glass Lewis & Co.