Real Estate News

NewLake Capital Partners Acquires Research, Cultivation and Processing Property in Missouri for Total Investment of $21.1 Million

NEW CANAAN, Conn., Dec. 21, 2021 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, closed on its purchase of a 70,000-square-foot industrial property in Chaffee, Missouri and entered into a long-term, triple-net lease with Organic Remedies of Missouri (“Organic Remedies”).

Harbor Custom Development, Inc. Enters Contract to Purchase 66 Entitled Lots in Poulsbo, Washington for $2,900,000

Gig Harbor, Washington , Dec. 20, 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 Laughlin Development, LLC, for the purchase of 66 undeveloped lots for $2,900,000 in Poulsbo, Washington.

THE INTERGROUP CORPORATION ANNOUNCES INCREASE IN SHARE REPURCHASE PROGRAM

Los Angeles, California, Dec. 20, 2021 (GLOBE NEWSWIRE) -- The InterGroup Corporation (NASDAQ: INTG) today announced that its Board of Directors has authorized the Company to purchase up to an additional 125,000 shares of the Company’s common stock under its existing stock repurchase program, reflecting the Board’s confidence in management and the Company’s business, as well as belief that the Company’s shares are undervalued.

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