Real Estate News

Highlights Track Record of Superior Value Creation Overseen by Diverse, Experienced Board of Directors Monmouth Board Is Reviewing Blackwells’ Unsolicited Acquisition Proposal

Board’s Nominating and Corporate Governance Committee Will Evaluate Director Nominations and Proposals Submitted by Blackwells and Land & Buildings

Monmouth was the Single Best Performing Industrial REIT Based on Total Return to Stockholders, Over the Past Year

HOLMDEL, N.J, Dec.

HOUSTON, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Scuderia Southwest’s “Coffee and Cars” will be starting the New Year off with another high-octane event at Whitestone REIT’s Market Street at DC Ranch property in North Scottsdale, Arizona.

HOLMDEL, N.J., Dec. 21, 2020 (GLOBE NEWSWIRE) -- –Monmouth Real Estate Investment Corporation (NYSE:MNR) today confirmed receipt of an unsolicited proposal from Blackwells Capital LLC (“Blackwells”), to acquire all of the outstanding shares of the Company for $18.00 per share in cash.

DAYTONA BEACH, Fla., Dec. 21, 2020 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE American: CTO) (“CTO” or the “Company”) announced today that it has completed the payment of its previously announced special distribution in an aggregate amount of approximately $55.8 million (the “Special Distribution”).

HOUSTON, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”), a leading community-centered REIT that acquires, owns, manages, develops and redevelops high quality "e-commerce resistant" neighborhood, community and lifestyle centers, is pleased to announce its first annual Corporate Responsibility and Sustainability Report.

NEW YORK, Dec. 22, 2020 (GLOBE NEWSWIRE) -- National Property REIT Corp. (“NPRC”) announced today the recent acquisitions of five separately financed multifamily properties for an aggregate asset purchase price of $250.4 million.

Sixth Partnership with Auerbach Funds leads to acquisition of 82,968 Sq. Ft. Retail Shopping Center

Charlotte, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Elevation Real Estate Group, a Charlotte-based real estate company, in partnership with Auerbach Funds and Beechmont Acquisitions, recently acquired “Parc Place,” an 82,968 square-foot retail shopping center outside of Richmond, Virginia.

NEW YORK, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $19,010,000 in Fannie Mae Delegated Underwriting and Servicing (DUS®) and Freddie Mac financing for two multifamily properties in northern California.

NEW YORK, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $10,791,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 200-unit affordable housing property in Dallas, Texas.