Real Estate News

Lexington Realty Trust Announces Pricing of Public Offering of $400 Million of Senior Notes

NEW YORK, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE: LXP) (“Lexington”), a real estate investment trust (“REIT”) focused on single-tenant industrial real estate investments, today announced that it has priced an underwritten public offering of $400 million aggregate principal amount of 2.375% senior unsecured notes due October 1, 2031 at a price equal to 99.758% of the principal amount, to yield 2.402%.

QuantmRE Leverages Algorand to Launch a User-Friendly Blockchain-Based, Tokenized Home Equity Real Estate Marketplace

NEWPORT BEACH, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) -- QuantmRE today announced that it will be leveraging the Algorand protocol to deliver a groundbreaking, blockchain-based real estate marketplace that allows investors -- including individuals, family offices and institutions -- to buy, sell and trade fractionalized interests in the equity in residential homes, thereby enabling digital access to this $18 trillion asset class.

Opendoor Technologies Inc. Prices Upsized $850 Million Convertible Senior Notes Offering

SAN FRANCISCO, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN) (“Opendoor”), a leading digital platform for residential real estate, today announced the pricing of its offering of $850,000,000 aggregate principal amount of 0.25% convertible senior notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

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