Real Estate News

American Assets Trust, Inc. Releases Tax Status of 2021 Distributions

SAN DIEGO, Jan. 18, 2022 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2021 dividend distributions as follows:

Security Descriptions:Common StockCUSIP:024013104Ticker Symbol:AAT

Record DatePayable DateTotal Distribution Per ShareAllocable to 2021Taxable Ordinary DividendLT Capital GainUnrecaptured Sec.

Harbor Custom Development, Inc. Closes Land for 138 Unit Apartment Site in Port Orchard, WA

Gig Harbor, Washington , Jan. 18, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has closed on a 138 unit entitled apartment site in Port Orchard, WA for $1,455,000.

Taurus Recapitalizes National Last Mile Logistics Portfolio

58 building industrial portfolio concentrated among the largest and most established US markets

BOSTON, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Taurus Investment Holdings, LLC, a global private equity real estate firm operating for over 40 years with experience in multifamily, office, logistics, mixed-use and renewable energy sectors, is pleased to announce today it has completed a $423.5M recapitalization of a 58 building industrial portfolio totaling 3,962,339 feet across several of the nation’s largest and strongest industrial markets including Chicago, Atlanta, Philadelphia, New Jersey, Dallas and Houston.

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