Real Estate News

MONMOUTH REAL ESTATE INVESTMENT CORPORATION ANNOUNCES RECEIPT OF UNSOLICITED ACQUISITION PROPOSAL

No Action Needs to Be Taken by Monmouth Shareholders at This Time

HOLMDEL, N.J., July 12, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR), or Monmouth, today announced that it received an unsolicited acquisition proposal from a large private investment firm primarily focused on global real estate that participated in the strategic alternatives review process undertaken by Monmouth’s Board of Directors earlier this year and made a proposal to acquire Monmouth as part of that process.

Ryman Hospitality Properties, Inc. Announces Second Quarter 2021 Earnings Conference Call – Tuesday, August 3rd, 2021, 10 a.m. ET

NASHVILLE, Tenn., July 12, 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 second quarter 2021 earnings results before the market opens onTuesday, August 3, 2021.

Park Hotels & Resorts Executes Definitive Contracts to Sell Two of Its San Francisco Hotels and Provides an Update on Hotel Reopenings and Operating Trends

TYSONS, Va., July 13, 2021 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that it has entered into two separate, definitive contracts to sell the 360-room Le Meridien San Francisco and the 171-room Hotel Adagio, Autograph Collection (San Francisco, CA) for total proceeds of $303.5 million, or an average sale price of approximately $572,000 per key.

Migdal Insurance will invest $10 million in Venn as part of its direct investment strategy

Venn recently announced the completion of a $60 million Series B round and today Migdal is announcing its strategic investment with the aim of accompanying Venn during the company’s accelerated growth stage

TEL AVIV, Israel, July 13, 2021 (GLOBE NEWSWIRE) -- Migdal Insurance will invest $10 million in the Israeli company Venn as part of the startup’s current fundraising efforts, which have already pulled in $60 million in a Series B round.

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