Real Estate News

INDUS Announces Amendment to Revolving Credit Line

NEW YORK, March 22, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) today announced that its wholly owned subsidiary, INDUS Realty Trust, LLC, entered into the fourth amendment (the “Revolving Credit Line Amendment”) to the Revolving Line of Credit Loan Agreement (the “Amended Webster Credit Line”) with Webster Bank, N.A.

Ryman Hospitality Properties, Inc. Announces First Quarter 2021 Earnings Conference Call – Tuesday, May 4th, 2021, 10 a.m. ET

NASHVILLE, Tenn., March 22, 2021 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc.(NYSE: RHP) (the “Company”), a lodging real estate investment trust ("REIT") specializing in group-oriented, destination hotel assets in urban and resort markets, announced today that it will release its first quarter 2021 earnings results before the market opens onTuesday, May 4, 2021.

Harbor Custom Development, Inc. Closes 22 lots for $3,944,050 in Sacramento Metro Housing Market

Gig Harbor, Washington , March 22, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ: HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has closed on the purchase of 22 developed lots in Rocklin, California for $3,944,050.

United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Third Extended Hostile Tender Offer; Provides Supplemental Information

GRAPEVINE, Texas, March 18, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the third extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per share (the “Tender Offer”).

NewLake Capital Partners and GreenAcreage Real Estate Corp. Announce Closing of Merger, Creating One of the Largest Cannabis Real Estate Companies in the Industry

--Combined Company, to be branded NewLake Capital Partners, owns a diversified portfolio of 24 properties across 9 states with $325 million of combined assets

Tenants include many of the highest credit-quality companies in the cannabis industry, such as Curaleaf, Cresco, Columbia Care and Trulieve

Combined company has over $110 million in cash

Combined management team of David Weinstein as CEO, Anthony Coniglio as President and Chief Investment Officer and Gordon DuGan as Chairman of the Board--

CHICAGO, March 18, 2021 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc.

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