Real Estate News

Lexington Realty Trust Announces Quarterly Common Share Dividend

NEW YORK, Sept. 15, 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 declared a regular common share/unit dividend/distribution for the quarter ending September 30, 2021 of $0.1075 per common share/unit payable on or about October 15, 2021 to common shareholders/unitholders of record as of September 30, 2021.

AMREP Reports First Quarter Fiscal 2022 Results

HAVERTOWN, Pa., Sept. 14, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $1,637,000, or $0.22 per diluted share, for its 2022 fiscal first quarter ended July 31, 2021 compared to net income of $593,000, or $0.07 per diluted share, for the same period of the prior year.

Greystone Arranges $143.1 Million Permanent Loan to Refinance RXR’s 363-unit 475 Clermont in Brooklyn, NY

NEW YORK, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced today that it has arranged a $143,100,000 permanent loan for affiliate entities of RXR Realty to refinance 475 Clermont, a premier multifamily rental building located at the intersection of Fort Greene, Clinton Hill, and Prospect Heights in Brooklyn, NY.

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