Real Estate News – Page 526

Griffin Announces Update on REIT Conversion, Dividend Plans, and Upcoming Rebranding

On track for conversion to a REIT effective January 1, 2021Accumulated earnings & profits to be distributed via dividend in the first quarter of 2021Change in fiscal year end from November 30th to December 31stGriffin to undergo a rebranding that will include a new company name

NEW YORK, Nov.

MONMOUTH REAL ESTATE REPORTS RESULTS FOR THE FISCAL YEAR ENDED AND THE FOURTH QUARTER ENDED SEPTEMBER 30, 2020

HOLMDEL, NJ, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) reported Net Loss Attributable to Common Shareholders of $48.6 million or $0.50 per diluted share for the fiscal year ended September 30, 2020 as compared to Net Income Attributable to Common Shareholders of $11.0 million or $0.12 per diluted share for the fiscal year ended September 30, 2019, representing a decrease of $0.62 per share.

Uniti Group Inc. to Present at the Bank of America Securities 2020 Leveraged Finance Conference

LITTLE ROCK, Ark., Nov. 23, 2020 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Chief Revenue Officer, Ron Mudry, and Vice President, Finance and Investor Relations, Bill DiTullio, are scheduled to participate at the Bank of America Securities 2020 Leveraged Finance Conference.

Greystone Provides $10.4 Million Bridge Loan to Refinance Skilled Nursing Facility in New York State

NEW YORK, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $10.4 million bridge loan to refinance a 120-bed skilled nursing facility in Boonville, New York.

Uniti Group Inc. to Present at the Wells Fargo 2020 TMT Summit

LITTLE ROCK, Ark., Nov. 25, 2020 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Executive Vice President, Chief Financial Officer and Treasurer, Mark Wallace, and Vice President, Finance and Investor Relations, Bill DiTullio, are scheduled to participate at the Wells Fargo 2020 TMT Summit.

RPT Realty Announces Inaugural Investment Grade Credit Rating From Fitch Ratings, Inc.

NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (the “Company” or “RPT”) announced today that Fitch Ratings, Inc. (“Fitch”) has assigned a first time rating to RPT, including a Long-Term Issuer Default Rating of ‘BBB-‘ with a stable outlook.

Strong New York State housing market continues through October

NYS October Housing Market

Fund That Flip Ranks Number #297 Fastest-Growing Company in North America on Deloitte’s 2020 Technology Fast 500™

Attributes 363% Revenue Growth to New Product Development, Innovative Technology and Superior Customer Service

NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Fund That Flip, the leading platform for residential real estate investors across the nation, today announced it ranked 297 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 26th year.

Greystone Provides $20.65 Million in Freddie Mac Financing for Sanford, FL Multifamily Duo

NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Greystone, a leading private national commercial real estate finance company, provided two refinancing loans for a multifamily portfolio in Sanford, Florida.

Madison Pointe Apartments Now Open and Leasing in Daytona Beach

DAYTONA BEACH, Fla., Nov. 19, 2020 (GLOBE NEWSWIRE) -- Madison Pointe in Daytona Beach, Florida is now open for leasing and has welcomed its first neighbors.