Real Estate News

In a year with many uncertainties, Homie hits a major milestone, saving consumers more than $100 million dollars since launching in 2015

SALT LAKE CITY, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Building on achievements of the previous five years, Homie reached an unprecedented milestone in 2021, saving consumers more than $113 million and counting.

HAVERTOWN, Pa., Dec. 08, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $3,326,000, or $0.45 per diluted share, for its 2022 fiscal second quarter ended October 31, 2021 compared to net income of $798,000, or $0.10 per diluted share, for the same period of the prior year.

AUSTIN, Texas, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Upside Avenue (Multi-Housing Income REIT, Inc.) successfully liquidateditspartnership interest in November 2021. The REIT sold its interest in the CG CAI Dallas Portfolio for $903,098.79.

Former Google executive to drive growth opportunities to help the company accelerate the digital transformation of the built world

THE WOODLANDS, Texas, Dec. 08, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has appointed Shailee Parikh as a new independent director to its Board, effective December 31, 2021.

CHICAGO, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (“Chicago Atlantic”), a commercial real estate finance company, announced today that it has priced its initial public offering of 6,250,000 shares of its common stock at a public offering price of $16.00 per share.

MAITLAND, Fla., Dec. 07, 2021 (GLOBE NEWSWIRE) -- ConcordRENTS announces the construction commencement and preleasing of Eudora Reserve Apartment Homes in Mount Dora, Florida, located at the southeast intersection of Eudora Road and Spring Harbor Boulevard, south of US 441.

IRVINE, Calif., Dec. 07, 2021 (GLOBE NEWSWIRE) -- Talonvest Capital, Inc., a boutique self storage and commercial real estate mortgage brokerage firm, structured an $11,100,000 construction loan on behalf of GoodFriend Self-Storage and their institutional joint venture equity partner, whom Talonvest had previously sourced, to finance the development of a Class A, state-of-the-art self storage facility on a 2.21-acre site in Bedford Hills, NY.

PHILADELPHIA, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.19 per common share and OP Unit payable on January 19, 2022, to holders of record on January 5, 2022.

NEW YORK, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $10,920,000 Fannie Mae Delegated Underwriting Services (DUS®) loan to refinance a 56-unit multifamily property in Puyallup, Wash.