Real Estate News

2020 Revenue Increased 84% to Record $1.8 Billion; Drives Most Profitable Year in Company History With Net Income of More Than $31 Million

The Park is an industrial, warehouse and flex product comprised of five buildings and located in one of Orlando’s most desirable locations

CLEVELAND, March 11, 2021 (GLOBE NEWSWIRE) -- Ten Capital Management (“TCM”), a privately held real estate investment management firm, today announced it has completed the acquisition of five buildings in Technology Park (“The Property”), located at 100, 200, 250, 255 & 525 Technology Parkway in Lake Mary, FL.

DAYTONA BEACH, Fla., March 11, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of Eastern Commons, an approximately 147,000 square foot multi-tenant retail property in the Henderson submarket of Las Vegas, Nevada (the “Property”) for a purchase price of approximately $18.5 million, or $126 per square foot.

SANTA ANA, Calif., March 11, 2021 (GLOBE NEWSWIRE) -- Today, Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, announced that Sarah Acosta has joined the company as Vice President, Product & Data Operations.

FREEHOLD, NJ, March 10, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) reported Total Income of $163.6 million for the year ended December 31, 2020 as compared to $146.6 million for the year ended December 31, 2019, representing an increase of 12%.

DAYTONA BEACH, Fla., March 10, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced that it has successfully amended its unsecured credit agreement to originate a new $50 million unsecured term loan (the “Term Loan”) and increase the total committed capacity of its unsecured revolving credit facility (the “Revolving Facility”) from $200 million to $210 million (together, the “Credit Facility”).

NEW YORK, March 08, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (the “Company”) announced today that President and Chief Executive Officer, Brian Harper, will present at the Citi 2021 Virtual Global Property CEO Conference.

OLD GREENWICH, CT, March 09, 2021 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star” or the “Company”) reported today its financial results for the fourth quarter (Q4) and year (FY) ended December31, 2020.

Award-winning Atlanta-based architects to lead Southeast office; design service sectors include retail, mixed-use, multifamily, hospitality, healthcare, industrial, data centers, science & tech