NEW YORK, May 11, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced that it has priced its underwritten public offering of 16,000,000 common shares for expected gross proceeds of approximately $195.2 million, before applicable expenses and before giving effect to the underwriters’ option, if exercised, all of which are being offered in connection with the forward sale agreements described below.
Real Estate News
Velo Flats Marks Rastegar’s Fourth Major Property Acquisition within the Past Year in Rapidly Developing Windsor Park Neighborhood
Saima Qureshi Headshot
University City Portfolio Sold By Rittenhouse Realty Advisors
TYSONS, Va., May 11, 2021 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) announced today that certain of its subsidiaries, Park Intermediate Holdings LLC (the “Operating Company”), PK Domestic Property LLC (“PK Domestic LLC”) and PK Finance Co-Issuer Inc.
NEW YORK, May 11, 2021 (GLOBE NEWSWIRE) -- Northpath Investments (previously PAG Investments) is a privately-held real estate investment and management firm headquartered in New York City.
SAN DIEGO, CALIFORNIA, May 11, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILA” or the “Company”), an international land investment and development firm, has announced the acceptance of four reservations to purchase its Merlot model home, a single-family residence at the Company’s 80-unit Plaza Bajamar community, representing nearly 20% of available inventory for Phase I of the project.
Velo Flats Marks Rastegar’s Fourth Major Property Acquisition within the Past Year in Rapidly Developing Windsor Park Neighborhood
Rastegar Property Company’s Velo Flats
DALLAS, May 11, 2021 (GLOBE NEWSWIRE) -- Lincoln Property Company, one of the largest multifamily managers in the United States, is pleased to announce the promotion of Christina Russo to Assistant Vice President, Client Services, at the company’s national headquarters.
Total Homes Sold of 2,462, up 190% versus 4Q20Total Homes Purchased of 3,594, up 78% versus 4Q20Total Revenue of $747 million, up 200% versus 4Q20GAAP Gross Profit of $97 million, or 13% of Total Revenue
SAN FRANCISCO, May 11, 2021 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc.
- Total Home Sales Increase 14% Year-Over-Year -
- Closes Out the Quarter with Strong Backlog of 875 Homes -
- Increases 2021 Outlook, Now Expecting to Report $925 to $980 Million in Revenue for the Year -
NEWPORT BEACH, Calif.