Real Estate News – Page 534

TRANSWESTERN DEVELOPMENT COMPANY SELLS 713,000 SF WAREHOUSE

Creative Redevelopment to Meet Large-Block Industrial Demand in Central Florida

Lexington Realty Trust Announces Quarterly Common Share Dividend

NEW YORK, Sept. 15, 2021 (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 declared a regular common share/unit dividend/distribution for the quarter ending September 30, 2021 of $0.1075 per common share/unit payable on or about October 15, 2021 to common shareholders/unitholders of record as of September 30, 2021.

Hersha Hospitality Trust to Report Third Quarter 2021 Earnings on October 26, 2021

PHILADELPHIA, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its financial results for the third quarter 2021 after the market close on Tuesday, October 26, 2021.

AMREP Reports First Quarter Fiscal 2022 Results

HAVERTOWN, Pa., Sept. 14, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $1,637,000, or $0.22 per diluted share, for its 2022 fiscal first quarter ended July 31, 2021 compared to net income of $593,000, or $0.07 per diluted share, for the same period of the prior year.

Wale Lawal of Networth Builders Realty LLC: A Massive Influence on the Real Estate Industry in the Houston Area

Passionate full time realtor that covers single-family home and offers better client service

Houston, TX , Sept. 15, 2021 (GLOBE NEWSWIRE) -- The Houston real estate space is a gold mine filled with opportunities for investors and home buyers.

New York Mortgage Trust Declares Third Quarter 2021 Common Stock Dividend of $0.10 Per Share, and Preferred Stock Dividends

NEW YORK, Sept. 13, 2021 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash dividend of $0.10 per share on shares of its common stock for the quarter ending September 30, 2021.

Greystone Arranges $143.1 Million Permanent Loan to Refinance RXR’s 363-unit 475 Clermont in Brooklyn, NY

NEW YORK, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced today that it has arranged a $143,100,000 permanent loan for affiliate entities of RXR Realty to refinance 475 Clermont, a premier multifamily rental building located at the intersection of Fort Greene, Clinton Hill, and Prospect Heights in Brooklyn, NY.

Taurus, a Global Leader in Green Building and Construction, Taps Industry Veteran Eric Bradley to Oversee the Firm’s Sustainability Initiatives

Former Shell New Energies Executive is key component of company’s strategy and commitment to platform-wide electrification and decarbonization through its EcoSmart Solution and RENU Communities subsidiaries

BOSTON, Sept.

Vornado Announces Pricing of Public Offering of $300 Million 4.45% Series O Cumulative Redeemable Preferred Shares and Calls for Redemption All of its $300 Million 5.70% Series K Cumulative Redeemable Preferred Shares

NEW YORK, Sept. 13, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) today announced the pricing of a public offering of $300 million perpetual 4.45% Series O Cumulative Redeemable Preferred Shares, at a price of $25.00 per share, pursuant to an effective registration statement.

Monmouth Real Estate Underscores Responsiveness to Feedback from Stockholders Regarding Strategic Review Outcomes

Reinitiates Exploration of Strategic Alternatives

HOLMDEL, N.J., Sept. 13, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”)today announced steps it is taking in response to recent investor feedback and prior indications of interest.