Real Estate News – Page 510

Talonvest Negotiates $29.1M Bridge Financing on 4 North Carolina Properties

IRVINE, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) -- Talonvest Capital, Inc., a boutique self storage and commercial real estate advisor, orchestrated the $29,090,000 refinance of Madison Capital Group’s four property portfolio located in Arden, Asheville, Charlotte and Wilmington, North Carolina.

International Land Alliance Prepares for Completion of First Model Home at Plaza Bajamar

SAN DIEGO, CALIFORNIA, Jan. 21, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc.(the “Company”) (OTCQB: ILAL) announced today that it has finished design enhancements to its Merlot model home, a single-family residence at the Company’s 80-unit Plaza Bajamar community, one of four ILA developments in greater Baja Mexico area where almost 2,000 units are planned.

Regency Centers Announces Tax Information for 2020 Distributions

JACKSONVILLE, Fla., Jan. 21, 2021 (GLOBE NEWSWIRE) -- Regency Centers Corporation (The “Company”) (NASDAQ:REG) today announced the federal income tax treatment of its 2020 distributions to holders of its common stock.

Piedmont Office Realty Trust Announces Tax Treatment of 2020 Dividends

Atlanta, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the tax treatment of its 2020 common stock dividends as described below.

American Assets Trust, Inc. Releases Tax Status of 2020 Distributions

SAN DIEGO, Jan. 20, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2020 dividend distributions as follows:

Security Descriptions: Common StockCUSIP: 024013104Ticker Symbol: AAT

Record DatePayable DateTotal Distribution Per ShareAllocable to 2020Taxable Ordinary DividendReturn of CapitalLT Capital GainUnrecaptured Section 1250 GainSection 199A Dividends03/12/2003/26/20$0.30$0.30$0.196825$0.103175$0.000000$0.000000$0.19682506/11/2006/25/20$0.20$0.20$0.131217$0.068783$0.000000$0.000000$0.13121709/10/2009/24/20$0.25$0.25$0.164021$0.085979$0.000000$0.000000$0.16402112/10/2012/24/20$0.25$0.25$0.164021$0.085979$0.000000$0.000000$0.164021Total$1.00$1.00$0.656084$0.343916$0.000000$0.000000$0.656084

The Company did not incur any foreign taxes during 2020.

CORRECTION – Uniti Group Inc. Announces Pricing and Upsizing of Senior Notes Offering

LITTLE ROCK, Ark., Jan. 19, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier todaybyUniti Group Inc. (Nasdaq: UNIT) please note that at the end of the first paragraph of the release, the year should read 2021, not 2020 as previously stated.The corrected release follows:

Uniti Group Inc.

Uniti Group Inc. Announces Amendments to its Previously Announced Cash Tender Offer and Solicitation of Consents Relating to its 8.25% Senior Notes due 2023

LITTLE ROCK, Ark., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company” or “Uniti”) (Nasdaq: UNIT) today announced that its subsidiaries, Uniti Group LP, Uniti Group Finance 2019 Inc.

Rastegar Launches the Rastegar Opportunity REIT, Inc., Designed to Invest in Vintage Multifamily Real Estate Across the U.S. Sun Belt Region

The offering is for up to $200 million in shares of common stock in Rastegar Opportunity REIT, Inc. (the “REIT”) pursuant to Rule 506(c) of Regulation D.

VESTA Modular announces Acquisition of Innovative Modular Solutions – Opens New Branch Location in Indiana

SOUTHFIELD, Mich., Jan. 20, 2021 (GLOBE NEWSWIRE) -- VESTA Modular (“VESTA” or the “Company”) today announced it had completed the acquisition of Innovative Modular Solutions (“IMS”).

WashREIT Announces Tax Treatment of 2020 Distributions

WASHINGTON, Jan. 20, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE) announced the income tax treatment of its 2020 dividend distributions. This information represents final income allocations.