Real Estate News

Lennar Corporation Purchases an Additional 66 Lots at Soundview Estates from Harbor Custom Development, Inc.

Gig Harbor, Washington , Nov. 09, 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 that it has closed on the Phase 3 sale of 66 residential lots at Soundview Estates in Bremerton, Washington to Lennar Northwest, Inc.

CTO Realty Growth Announces Successful Shareholder Vote in Connection With REIT Conversion and Declares $55.8 Million Special Distribution

DAYTONA BEACH, Fla., Nov. 10, 2020 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE American: CTO) (“CTO” or the “Company”) today announced that, in connection with the Company’s conversion to a real estate investment trust (“REIT”), the Company’s shareholders have approved the merger of the Company with and into a wholly owned Maryland subsidiary (the “Merger”).

Rastegar Undeterred by COVID-19; Continues Buying Spree

Lamar Oaks Located in Highly Desirable Highland Neighborhood

AUSTIN, Texas, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Rastegar Property Company, a technology-enabled private real estate investment firm focused on value-add and development in all asset classes throughout Austin and the Southwest United States, announced today the acquisition of the 30-unit Lamar Oaks at 709 Lamar Place in North Austin.

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