NEW YORK, July 12, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided $36,464,000 million in HUD-insured financing for three skilled nursing facilities in North Carolina.
Real Estate News
Rancho Costa Verde see best monthly sales since 2018
SAN DIEGO, CALIFORNIA, July 12, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILA” or the “Company”), an international land investment and development firm, announced lot sales for the month of June 2021 of almost $500,000 representing 12 lots at Rancho Costa Verde Development, LLC (“RCV”), in which ILA holds a 25% interest investment.
MIAMI, July 12, 2021 (GLOBE NEWSWIRE) -- Crosswind Renewable Energy Corp. Dba Community Redevelopment, Inc (OTC Pink: CWNR), a community oriented real estate redeveloper targeting economic growth and opportunity zones in secondary and tertiary markets, announced today that it has appointed Garfield Antonio as its President and as a member of its Board of Directors.
NEW YORK, July 08, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following updates on leasing, its acquisition and development pipeline, its potential dispositions and other corporate matters for the three months ended June 30, 2021 (the “2021 second quarter”):
Highlights
Agreed to proposed terms and received commitments for a new secured revolving credit facility of up to $100 million, which is expected to close in the 2021 third quarter, subject to the completion of a definitive credit agreementAcquired two industrial/logistics buildings, one in Charlotte, North Carolina (395,000 square feet) and one in the Lehigh Valley of Pennsylvania (127,500 square feet), for a combined purchase price of $53.7 millionAcquired approximately 14 acres of undeveloped land in Orlando, Florida for $5.25million, upon which the Company plans to construct two industrial/logistics buildings totaling approximately 195,000 square feetEntered into an agreement to sell approximately 670 acres of land in Granby and East Granby, Connecticut that comprise the Connecticut Nursery Farm, for anticipated proceeds of $10.3 million, if consummatedClosed on the sale of an approximately 7,200 square foot office/flex property in Windsor, Connecticut, in addition to two small parcels of undeveloped land in separate transactionsThe in-service stabilized industrial/logistics portfolio1 was 99.4% leased as of June 30, 2021Leasing Activity
During the 2021 second quarter, INDUS executed one industrial/logistics lease totaling approximately 4,800 square feet at its recently renovated property located at 170 Sunport Lane in the Orlando market.
NEW YORK, July 08, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided $18,320,000 in HUD 223(f) financing to refinance a 150-unit multifamily property in Grand Forks, North Dakota.
Matterport and FocalAgent help drive up to 15% property sales uplifts
SUNNYVALE, Calif. and LONDON, United Kingdom, July 08, 2021 (GLOBE NEWSWIRE) -- Matterport, Inc.
Lakeside Market is adjacent to new H-E-B flagship store due to open in Fall 2022
HOUSTON, July 08, 2021 (GLOBE NEWSWIRE) -- Whitestone REIT (or “Whitestone” or the "Company") (NYSE:WSR) today announced that it has acquired Lakeside Market, a 163,000 square-foot open-air shopping center, located at 5809 Preston Road in Plano, Texas, adjacent to the new H-E-B flagship-format grocery store, which is under construction and targeted to open in Fall 2022.Lakeside Market is Whitestone’s ninth property acquisition in its Dallas-Ft.
OLD GREENWICH, Conn., July 09, 2021 (GLOBE NEWSWIRE) -- Star Equity Holdings (Nasdaq: STRR; STRRP) (“Star Equity” or the “Company”), a diversified, multi-industry holding company with three business divisions (Healthcare, Construction, and Investments), announced today that its management team will be presenting at the Access to Giving Virtual Conference, on Thursday, July 15, 2021.
NEW YORK, July 09, 2021 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (the “Company”) (NASDAQ: NYMT) announced today that its Board of Directors has appointed Audrey E.
INDIANAPOLIS, July 07, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE) today announced that the company will release its second quarter 2021 operating results on Wednesday, July 28th, after the market close.