Real Estate News – Page 492

RPT Realty Announces Formation of New Net Lease Retail Real Estate Platform with Sovereign Wealth Fund GIC, Zimmer and Monarch

The platform will target the acquisition of over $1.2 billion of net lease retail assets with a focus on essential and high credit quality tenants The initial investment portfolio is to be seeded with 42 single-tenant, net lease retail assets from RPT valued at $151 millionRPT will retain a 6.4% equity interest in the platform, participate in new investments and earn fees as the manager of the platform

NEW YORK, March 04, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE: RPT) (“RPT” or the “Company”), a publicly traded real estate investment trust that owns and operates a portfolio of open-air shopping destinations principally located in top U.S.

Sun Communities, Inc. Commences Public Offering of 7,000,000 Shares of Common Stock

Southfield, MI, March 04, 2021 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI)(the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing communities, recreational vehicle resorts and marinas, today announced that it has commenced an underwritten public offering of an aggregate of 7,000,000 shares of its common stock, consisting of 4,000,000 shares offered directly by the Company and 3,000,000 shares offered on a forward basis in connection with the forward sale agreement described below.

CorePoint Lodging Announces Timing of Fourth Quarter 2020 Earnings Release and Conference Call

IRVING, Texas, March 03, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”) today announced that the Company plans to report financial results for the fourth quarter of and full year 2020 after the market closes on Thursday, March 11, 2021.

International Land Alliance Announces Start of Stage Two Construction at Valle Divino

SAN DIEGO, March 04, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB: ILAL) (“ILA” or the “Company”), an international land investment and development firm, has started its second stage of construction at Valle Divino, an eco-friendly development in Ensenada, Baja California, roughly 50 miles south of San Diego.

Landsea Homes Sets Fourth Quarter and Full Year 2020 Conference Call for Thursday, March 11, 2021, at 5:00 p.m. ET

NEWPORT BEACH, Calif., March 04, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, will conduct a conference call on Thursday, March 11, 2021, at 5:00 p.m.

CAMPUS ADVANTAGE ANNOUNCES NEW CHIEF OPERATING OFFICER

20-Year Real Estate Veteran, Beth Pinder, to Manage Operational Controls, Administrative and Reporting Procedures and People Systems

LGI Homes, Inc. Reports February 2021 Home Closings

THE WOODLANDS, Texas, March 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced 764 home closings in February 2021, up from 606 home closings in February 2020, representing year-over-year growth of 26.1%.

Uniti Group Inc. to Present at the Citi 2021 Global Property CEO Conference

LITTLE ROCK, Ark, March 03, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Executive Vice President, Chief Financial Officer and Treasurer, Mark Wallace, are scheduled to participate at the Citi 2021 Global Property CEO Conference.

Regency Centers to Present at the Citi 2021 Global Property CEO Conference

JACKSONVILLE, Fla., March 03, 2021 (GLOBE NEWSWIRE) -- Regency Centers Corporation (NASDAQ: REG) announced today that Lisa Palmer, President and Chief Executive Officer, is scheduled to make a presentation at the Citi 2021 Global Property CEO Conference on Monday, March 8, 2021 at 9:45 AM ET.

CTO Realty Growth Announces Acquisition of 183,000 Square Foot Retail Property in Salt Lake City, Utah for $20.0 Million

DAYTONA BEACH, Fla., March 03, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of an approximately 183,000 square foot multi-tenant retail property in the West Jordan suburb of Salt Lake City, Utah (the “Property”) for a purchase price of approximately $20.0 million, or $117 per square foot.