Full service commercial real estate services firm launches national platform
James Pitts - Principal of Greenwood Commercial Real Estate Group
Real Estate News
NEW YORK, April 13, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided an $11.9 million HUD-insured loan to refinance a 128-bed assisted living facility in Omaha, Nebraska.
NEW YORK, April 13, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) announced the following updates on leasing, its acquisition and development pipeline, its potential dispositions and the impact of the COVID-19 pandemic on the Company’s rent collections:
Highlights
Signed approximately 202,000 square feet of first generation leases on in-service industrial/logistics portfolio bringing industrial/logistics portfolio to 99.2% leased as of March 31, 2021; subsequently increased to 99.4% leasedSigned a fifteen-year lease agreement and development agreement with Amazon for an approximately 141,000 square foot build-to-suit industrial/logistics building on the Company’s land parcel on Old Statesville Road in Charlotte, North CarolinaAnnounced development of a new approximately 234,000 square foot industrial/logistics building on the Company’s undeveloped land at 110 Tradeport Drive in the Hartford, Connecticut market that is 67% pre-leasedSubsequent to quarter end, entered into an agreement to acquire, for a purchase price of approximately $11.7 million, a fully leased approximately 127,500 square foot industrial/logistics building in the Lehigh Valley of PennsylvaniaSubsequent to quarter end, closed on the acquisition of approximately 14 acres of undeveloped land in Orlando for $5.25millionTotal potential proceeds of approximately $18.8 million from sales of non-core land currently under agreement, if all agreements were to closeLeasing Activity
During the three months ended March 31, 2021 (the “2021 first quarter”), INDUS executed four first generation leases totaling approximately 202,000 square feet at 160 and 180 International Drive in the Charlotte market and 170 Sunport Lane in the Orlando, Florida market.
Atlanta, GA, April 13, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE: PDM) today announced that the U.S. Environmental Protection Agency and the U.S.
"To Catch A Fraudster" Webinar is scheduled for tomorrow, April 14th
BROOKFIELD NEWS, April 13, 2021 (GLOBE NEWSWIRE) -- Brookfield Property Partners L.P. (NASDAQ: BPY, TSX: BPY.UN) announced today that its first quarter 2021 financial results will be released before the market open on Friday, May 7, 2021.
New funding from the world’s top commercial real estate investors follows record-breaking growth and demand
BOSTON, April 14, 2021 (GLOBE NEWSWIRE) -- HqO, the only tenant experience operating system for commercial office buildings, today announced it raised $60M in Series C funding from leading venture capital and commercial real estate firms.
Data from Audience Town Suggests Most Likely Movers Are Ages 30-39, Have Over $100k in Assets and Live in Most Populous States
NEWARK, N.J., April 15, 2021 (GLOBE NEWSWIRE) -- Among people most likely to move in the next three months, most are in their 30s and have more in savings and assets than the national average according to a quarterly study by Audience Town, the advertising platform for real estate, moving and home.
eXp Commercial agents and brokers to gain access to cutting-edge technology stack and unique data insights
eXp Commercial Partnership With Reonomy Will Enhance Property Intelligence Resources for Agents and Brokers
THE WOODLANDS, Texas, April 06, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 1,147 homes in March 2021, up from 795 homes closed in March 2020, representing year-over-year growth of 44.3%.