Real Estate News

Harbor Custom Development, Inc. Closes Construction Loan with Sound Capital for $20,129,000 on Pacific Ridge Condominiums in Tacoma, Washington

Gig Harbor, Washington , Oct. 11, 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 closed a construction loan with Sound Capital Loans, LLC in the amount of $20,129,000 to build an 80 unit condominium complex in Tacoma, Washington.

Harbor Custom Development, Inc. Announces Closing of $36 Million Public Offering of Convertible Preferred Shares & Warrants 

Gig Harbor, Washington,, Oct. 07, 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 the closing of its previously announced underwritten public offering (the “Offering”) of 2,400,000 shares of 8.0% Series A Cumulative Convertible Preferred Stock (the “Series A Preferred Stock”) and 13,800,000 warrants to each purchase one share of common stock, including 1,800,000 warrants as a result of a partial exercise of the over-allotment option granted to the underwriter (“Warrants”).

INDUS Announces Fiscal 2021 Third Quarter Earnings Call

NEW YORK, Oct. 07, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it will release its financial results for the three months ended September 30, 2021 (the “2021 third quarter”) after the market closes on Thursday, November 4, 2021.

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