NEW YORK, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $17,592,000 Freddie Mac Optigo® Targeted Affordable Housing (TAH) loan to acquire a 168-unit affordable housing property in Fort Walton Beach, Florida.
Real Estate News
70-Unit Multifamily Project Marks Greystone Affordable Development’s First New Construction Structure
NEW YORK, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Greystone Affordable Development and Weaver-Kirkland Development, LLC are pleased to announce the financial closing and official groundbreaking for Kirkwood Grove Apartments, a 70-unit affordable senior housing community in Hudson, North Carolina.
CHICAGO, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic”), announced today it acted as sole lender on a new senior secured credit facility for MEDfarms LLC (“MEDfarms”), a vertically integrated operator in Michigan.
NASHVILLE, Tenn., Jan. 04, 2022 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced acquisition and disposition activity for the full year ended December 31, 2021.
DAYTONA BEACH, Fla., Dec. 30, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced it has acquired Phase I of The Exchange at Gwinnett, a grocery-anchored retail property in the Buford submarket of Atlanta, Georgia (the “Property”) for $34.0 million.
CHICAGO, Dec. 31, 2021 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (“REFI” or “the Company”), a leading institutional lender to state-licensed cannabis operators, today announced that its Board of Directors has declared a quarterly dividend for the quarter ending December 31, 2021 of $0.26 per outstanding share of common stock, payable on January 14, 2022 to the common stockholders of record on December 31, 2021.
$550 Million Recapitalization of Special Purpose Industrial Portfolio
Focuses LXP as a Pure-Play Single-Tenant Warehouse and Distribution REIT
NEW YORK, Jan. 03, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced that it recapitalized a 22-property special purpose industrial portfolio consisting primarily of manufacturing assets through a sale to a new joint venture with an affiliate of Davidson Kempner Capital Management LP.
Profitable Short-Term Land Lease for Hemp will be Transitioned to Subdividing Property for Construction of Residential Homes
SAN DIEGO, CALIFORNIA, Dec. 28, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc.
Gig Harbor, Washington , Dec. 29, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has entered into a contract with JIBA Family, LP and Bayonet Point Holdings, LLC for the purchase of 60 acres in Hudson, Florida for $7,400,000.
Multi-Housing Income REIT, Inc. adds San Antonio land development project
AUSTIN, Texas, Dec. 29, 2021 (GLOBE NEWSWIRE) -- Upside Avenue (Multi-Housing Income REIT, Inc.) announced today that during the fourth quarter of 2021, it contributed $531,483 for a minority interest in CG Sunset Land, LLC (“Sunset Land”).