Real Estate News

Harbor Custom Development, Inc. Expands Geographic Footprint – Enters Sacramento Metro Housing Market

Gig Harbor, Washington , Jan. 20, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has contracted to acquire 64 developed lots in the Darkhorse Golf Course community 33 miles northeast of Sacramento in Auburn, California for $9,143,700.

United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Extended Hostile Tender Offer; Provides Supplemental Information

GRAPEVINE, Texas, Jan. 19, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per share (the “Tender Offer”).

Regency Centers Provides an Update on Financing Activity, Property Transactions, and its Investment Pipeline Review

JACKSONVILLE, Fla., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Regency Centers Corporation (”Regency” or the “Company”) (NASDAQ: REG) today provided an update on the repayment of its $265 million term loan due 2022, fourth quarter 2020 property transaction activity, and charges associated with certain pre-development projects following its investment pipeline review.

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