Real Estate News – Page 478

SL Green Signs 11,777 Square Foot Retail Lease at 110 Greene Street in SoHo

British jeweler, Vashi, to open first US location

NEW YORK, April 21, 2021 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that Vashi, a British fine jewelry brand, has signed an 11,777 square foot, 15-year lease at 110 Greene Street in SoHo.

Alpine Income Property Trust Increases Quarterly Dividend by 4.2% and Declares Dividend for the Second Quarter 2021

DAYTONA BEACH, Fla., April 21, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared, an increase in the Company’s quarterly cash dividend to $0.25 per share of common stock for the second quarter of 2021 from its previous quarterly cash dividend of $0.24 per share of common stock.

Vornado Promotes Jan LaChapelle to Executive Vice President – Head of Capital Markets

NEW YORK, April 15, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today the promotion of Jan LaChapelle, age 44, to Executive Vice President – Head of Capital Markets.

Uniti Group Inc. To Report First Quarter 2021 Financial Results and Host Conference Call

LITTLE ROCK, Ark., April 15, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its first quarter 2021 financial results after the close of trading on the Nasdaq Stock Exchange on May 6, 2021.

Greystone Provides $30 Million in HUD-Insured Financing for Affordable Seniors Housing Property in Pomona, California

NEW YORK, April 15, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $30 million HUD-insured loan to refinance a 174-unit affordable seniors housing property in Pomona, California.

Whitestone REIT Announces First Quarter 2021 Earnings Webcast and Conference Call

HOUSTON, April 16, 2021 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the first quarter ended March 31, 2021 after the market close on Tuesday, May 4, 2021.

LGI Homes Opens New Community North of Denver

The Harvard plan by LGI Homes at Hidden Creek

LGI Homes offers new homes for sale in the charming town of Frederick.

Highwoods Agrees to Acquire Office Assets from Preferred Apartment Communities, Inc.

Total Investment of $769M (Including Assumed Debt)Closing Scheduled for Third Quarter 2021

AssetStrategyMarketSubmarket/BBDSF150 FayettevilleCoreRaleighCBD560,000CAPTRUST TowerCoreRaleighNorth Hills300,000Capitol TowersCoreCharlotteSouthPark479,000Morrocroft CentreCoreCharlotteSouthPark291,000Galleria 75 Redevelopment SiteCoreAtlantaCumberland/GalleriaOffice-Related Mezzanine LoanNon-CoreAtlantaWest MidtownArmour YardsNon-CoreAtlantaBuckhead/Midtown

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Acquisition to be Funded Primarily ThroughSales of Non-Core AssetsExpects to Return Balance Sheet Metrics to Current Levels by Mid-2022_________________________________________

Plan Expected to Strengthen Long-Term Growth Trajectory Immediately Accretive to Cash FlowsNeutral to Current FFO Run Rate; Accretive over Long-Term_________________________________________

Conference Call: Monday, April 19th at 11:00 A.M.

Vornado Releases 2020 Environmental, Social, & Governance Report

NEW YORK, April 12, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) announced today that it released its 2020 Environmental, Social, & Governance (“ESG”) report.

Romano Tio Joins Commercial Lending Group at Greystone

NEW YORK, April 12, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced that Romano Tio, Senior Managing Director, has joined the Commercial finance team led by Scott Chisholm, based in New York.