Real Estate News

Sun Communities, Inc. Announces Dates for Second Quarter 2021 Earnings Release and Conference Call

Southfield, MI, June 01, 2021 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced the dates for its second quarter 2021 earnings release and conference call.

Homie Loans Adds Dan Richards as Senior Vice President

Mortgage executive with tech marketing background will oversee the transition from broker to lender

SALT LAKE CITY, May 26, 2021 (GLOBE NEWSWIRE) -- Homie Loans, a mortgage brokerage that simplifies the traditional mortgage process and saves Homie customers thousands, has hired Dan Richards as Senior Vice President.

Arbor Realty Trust, Inc. Announces Redemptions of Outstanding Cumulative Redeemable Preferred Stock

UNIONDALE, N.Y., May 26, 2021 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (the “Company”) (NYSE:ABR) announced today that it will redeem all of the outstanding (i) 1,551,500 shares of its 8.250% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”), (ii) 1,260,000 shares of its 7.75% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”), and (iii) 900,000 shares of its 8.50% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock” and, together with the Series A Preferred Stock and the Series B Preferred Stock, the “Outstanding Preferred Stock”), at redemption prices equal to $25.00 per share of Outstanding Preferred Stock, plus any accumulated and unpaid dividends thereon to, but not including, June 24, 2021 (the “Redemption Date”).

Arbor Realty Trust, Inc. Announces Pricing of Public Offering of Series D Cumulative Redeemable Preferred Stock

UNIONDALE, N.Y., May 25, 2021 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (the “Company”) (NYSE:ABR) announced today that it has priced the public offering of 8,000,000 shares of its 6.375% Series D Cumulative Redeemable Preferred Stock (the “Series D Preferred Stock”), liquidation preference $25.00 per share, for gross proceeds of $200 million, before deducting underwriting discounts and estimated offering expenses.

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