Real Estate News

Opendoor Technologies Inc. Announces the Results of the Completed Redemption of All Outstanding Warrants

SAN FRANCISCO, July 26, 2021 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), (“Opendoor” or “the Company”), a leading digital platform for residential real estate, today announced the results of the completed redemption of all of its outstanding warrants (the “Public Warrants”) to purchase shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), that were issued under the Warrant Agreement, dated April 27, 2020, by and between the Company and Continental Stock Transfer & Trust Company (“CST”), as warrant agent, as amended by the First Amendment to the Warrant Agreement, dated March 22, 2021, by and among the Company, CST and American Stock Transfer & Trust Company, as warrant agent (as amended, the “Warrant Agreement”), as part of the units sold in the Company’s initial public offering (the “IPO”) that remained outstanding at 5:00 p.m.

Ten Capital Management Acquires Two Conway Unifying its Position in Lake Forest’s Conway Park

Combining Two Conway with One Conway creates an amenity rich, Class A boutique offering for tenants in the northern Chicago suburbs

CLEVELAND, July 22, 2021 (GLOBE NEWSWIRE) -- Ten Capital Management (“TCM”), a privately held real estate investment management firm, today announced it has completed the acquisition of Two Conway in Conway Park, located in Lake Forest, IL.

New York Mortgage Trust, Inc. Announces Extension of Exchange Offer of 5.75% Senior Notes due 2026

NEW YORK, July 22, 2021 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (the “Company”) (NASDAQ: NYMT) announced today that it has extended the expiration date of its offer to exchange up to $100,000,000 of new 5.75% Senior Notes due 2026 (the “Exchange Notes”) that have been registered under the Securities Act of 1933, as amended, for an equal amount of outstanding unregistered 5.75% Senior Notes due 2026 (the “Existing Notes”).

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