Real Estate News

WINTER PARK, Fla., Aug. 21, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced closing the acquisition of a portfolio of three open-air shopping centers (the “Three Property Portfolio”) for a purchase price of $137.5 million.

Summerlin® Joins Howard Hughes Communities in Texas, Maryland, and Hawaiʻi Recognized by USGBC for Environmental Stewardship and Overall Quality of Life

WINTER PARK, Fla., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.280 per share of common stock for the third quarter of 2024 (the “Common Stock Cash Dividend”).

WINTER PARK, Fla., Aug. 20, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.38 per share of common stock for the third quarter of 2024 (the “Common Stock Cash Dividend”).

LITTLE ROCK, Ark., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present at the BofA Securities 2024 Media, Communications and Entertainment Conference.

The development is the second phase of an existing affordable housing community adding 32 new homes for families at 30% to 60% of area median income

HIGHLAND, Ill.

Dan Kodsi’s Royal Palm Companies plans to develop a condominium-hotel project on the downtown site

MIAMI and PALM BEACH, FL, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Forman Capital, a leading private direct real estate lender, funded an $8.36 million pre-development bridge loan secured by a Miami residential development site.

DALLAS, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Lone Star PACE, a leading administrator of Texas’ Property Assessed Clean Energy program, today announced it facilitated $27M in retroactive C-PACE financing for the award-winning HALL Arts Hotel in the Dallas Arts District.

Deal Makes Trimont the Largest Loan Servicer in the U.S. Commercial Real Estate Industry Representing 11% of U.S. Market

ATLANTA, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Trimont, the leading global commercial real estate loan services provider, has entered into a definitive agreement to purchase Wells Fargo’s non-agency third-party Commercial Mortgage Servicing (CMS) business, the largest servicer of CRE securitized debt in the U.S.