Real Estate News

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Monmouth Shareholders Vote “FOR” the Transaction with Industrial Logistics Properties Trust

Transaction Delivers Immediate and Certain All-Cash Value to Monmouth Shareholders at a Significant Premium

HOLMDEL, N.J., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co.

Vornado Announces Fourth Quarter 2021 Financial Results

NEW YORK, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today:

Quarter Ended December 31, 2021 Financial Results

NET INCOME attributable to common shareholders for the quarter ended December 31, 2021 was $11,269,000, or $0.06 per diluted share, compared to net loss of $209,127,000, or $1.09 per diluted share, for the prior year's quarter.

Stem Announces Board Change

BOCA RATON, Fla., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Stem Holdings, Inc. (OTCQX: STMH) (CSE: STEM) (the "Company" or "Stem"), a vertically integrated cannabis operator, announced that on February 8, 2022, Dennis Suskind submitted his resignation as a director of the Company, with immediate effect, to pursue other interests.

Crescent Communities and Nuveen Real Estate Acquire 120 Acres in Holly Springs, NC to Expand Massive $500 Million, Two Million Square Foot Life Sciences Campus, The Yield

Crescent Communities’ life science presence in the Triangle area expands with significant new investment

CHARLOTTE, N.C., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Crescent Communities, a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use communities, today announces the acquisition of 120 acres in Holly Springs to develop as much as two million square feet of biomanufacturing, lab, and office space within The Yield, a $500 million dynamic life science campus already under construction.

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