Real Estate News

Harbor Custom Development, Inc. Announces Third Quarter Financial Results Highlighted by 15% Increase in Sales

GIG HARBOR, Wash., Nov. 16, 2020 (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 consolidated financial results for the third quarter ended September 30, 2020.

Lexington Realty Trust Announces Sale Of Dow Chemical Office Property

NEW YORK, Nov. 11, 2020 (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 sold its interest in the Lake Jackson, Texas office property leased to Dow Chemical for $192 million, including the assumption by the buyer of the first mortgage loan secured by the property, which had an unpaid principal balance of $179 million.

Elevation Real Estate Group Opens First Focus Office Suites Location in Huntersville Designed With Health and Safety in Mind

Alternative Office Space Concept for Small- and Medium-Sized Businesses Includes Features for Getting Back to Work Safely

Charlotte, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Elevation Real Estate Group, a Charlotte-based real estate company, today cut the ribbon on its first Focus Office Suites location, an alternative choice in the office space market, located at 9541 Julian Clark Avenue, in Huntersville, North Carolina.

CTO Realty Growth Announces Recent Transaction Activity

DAYTONA BEACH, Fla., Nov. 10, 2020 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE American: CTO) (the “Company” or “CTO”) today announced the closing of the following three transactions representing approximately $6.5 million in transaction activity:

On November 6, 2020, the land joint venture that was formed in October 2019 (the “Land JV”) completed the sale of approximately 29.7 acres, located on the east side of I-95, for a sales price of approximately $3.0 million (the “Land Sale”).

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