Real Estate News

Leading global construction firm reduces costs, accelerates ADA improvements with virtual collaboration

SUNNYVALE, Calif., April 14, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that Gilbane Building Company (“Gilbane”), a global leader in real estate, construction, and facility management services, has realized 25 to 30 percent in cost and time savings by adopting Matterport digital twins to enable remote collaboration during its design, build program delivery.

NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) -- Madison Newbond, the institutional lending platform of Madison Realty Capital and Newbond Holdings (“Newbond”) that provides first mortgages, mezzanine loans and preferred equity to hotel owners and developers nationwide, today announced it has originated a $72 million loan to Stratus Development Partners for two newly-built hotels in Sonoma and Napa, California operating under the Cambria brand.

WINTER PARK, Fla., April 14, 2022 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced the disposition of its single tenant office property located in Hillsboro, Oregon and net leased to Wells Fargo (the “Property”).

NEW YORK, April 14, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $16,605,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 168-unit multifamily property in Tallahassee, Florida.

Event Also Includes All-star Speaker Lineup, Company Updates, EXPO Hall and 5K Fund Run & Walk

NEW YORK, April 07, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $17,529,400 construction loan under the HUD 221(d)(4) program for the $38.7 million redevelopment of an age-restricted affordable housing community located in West Palm Beach, Florida.

SAN FRANCISCO, April 07, 2022 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading digital platform for residential real estate, today announced that it will report first quarter 2022 financial results for the period ended March 31, 2022, following the close of the market on Thursday, May 5, 2022.

Six-acre land parcel represents the first of eight potential multi-development tracts to be developed within the Horizon at Semiahmoo subdivision in Blaine, Washington

Blaine, Washington, April 07, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc.