Real Estate News – Page 466

Sentinel Net Lease Acquires Two Crown Point Office Building

Sentinel Net Lease

Two Crown Point , a 74,460 square foot office building located in Cincinnati, OH is tenanted by global engineering firm, Jacobs Solutions and HairClub.

Piedmont Office Realty Trust Completes Sales of Cambridge Assets and Extends $200 Million Term Loan

Atlanta, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sun Belt, announced today that it has completed the sales of its two Cambridge, MA assets, One Brattle Square and 1414 Massachusetts Avenue.

Brandywine Realty Trust Announces Expiration of Tender Offer for Any and All of its Outstanding 3.95% Guaranteed Notes due 2023 With Approximately $296 Million Having Been Tendered

PHILADELPHIA, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the “Company”) (NYSE:BDN) announced today the expiration of the previously announced cash tender offer (the “Tender Offer”) by its operating partnership, Brandywine Operating Partnership, LP (the “Operating Partnership”), for any and all of its outstanding 3.95% Guaranteed Notes due February 15, 2023 (the “Notes”).

Brookfield Office Properties Provides Update on Conversion Option for Its Class AAA Series II Preference Shares

Not for distribution to U.S. newswire services nor for dissemination to the United States.All amounts in Canadian dollars.

BROOKFIELD NEWS, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Brookfield Office Properties Inc.

Belpointe PREP, LLC Announces All Outstanding Loan Receivables Have Been Repaid In Full And Early

GREENWICH, Conn., Dec. 20, 2022 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ” or the “Company”), a publicly traded qualified opportunity fund, announced today that all of its outstanding loans receivables, including a $30.0 million related party loan, have been repaid in full.

eXp Realty Opens Operations in Dubai

eXp Realty®, the fastest-growing global real estate brokerage on the planet and the core subsidiary of eXp World Holdings, Inc.

Capital One Senior Business Analyst Shannon Diesch Tapped as New CEO for Nation’s First Fractional Home Equity Finance Platform

Shannon Diesch, Quarter CEO

$Shannon Diesch, is CEO of Quarter, America’s first fractional equity-based home funding program.$

Housing affordability continues to slow New York State housing market

NYS November Housing Report

Brandywine Realty Trust to Redeem All Outstanding 3.95% Guaranteed Notes due 2023

PHILADELPHIA, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the “Company”) (NYSE:BDN) announced today that its operating partnership, Brandywine Operating Partnership, LP (the “Operating Partnership”), intends to redeem all of the outstanding 3.95% Guaranteed Notes due February 15, 2023 (the “Notes”) issued by the Operating Partnership and not purchased pursuant to its previously announced tender offer for such Notes.

Ryman Hospitality Properties, Inc. Provides Hospitality Business Update

NASHVILLE, Tenn., Dec. 21, 2022 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) a leading lodging and hospitality real estate investment trust (“REIT”) that specializes in upscale convention center resorts and leading entertainment experiences, today provided the following business update:

Colin Reed, Chairman and Chief Executive Officer of the Company said, “We wanted to provide an update on our fourth quarter Hospitality segment performance.