NEW YORK, Nov. 11, 2020 (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 sold its interest in the Lake Jackson, Texas office property leased to Dow Chemical for $192 million, including the assumption by the buyer of the first mortgage loan secured by the property, which had an unpaid principal balance of $179 million.
Real Estate News
LITTLE ROCK, Ark., Nov. 11, 2020 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, and Executive Vice President, Chief Financial Officer and Treasurer, Mark Wallace, are scheduled to participate at Nareit’s REITworld 2020 Annual Conference.
New Community Offers Lineup of Never-Before-Seen Floor Plans
The Mesquite Floor Plan by LGI Homes
NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Greystone, a leading private national commercial real estate finance company, has provided a $58,653,000 Freddie Mac loan to refinance a 306-unit multifamily property in Naples, Florida.
NEW YORK, Nov. 11, 2020 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $20 million HUD-insured loan to refinance a 244-unit affordable housing property in Pembroke Park, Florida.
Alternative Office Space Concept for Small- and Medium-Sized Businesses Includes Features for Getting Back to Work Safely
Charlotte, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Elevation Real Estate Group, a Charlotte-based real estate company, today cut the ribbon on its first Focus Office Suites location, an alternative choice in the office space market, located at 9541 Julian Clark Avenue, in Huntersville, North Carolina.
DAYTONA BEACH, Fla., Nov. 10, 2020 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE American: CTO) (the “Company” or “CTO”) today announced the closing of the following three transactions representing approximately $6.5 million in transaction activity:
On November 6, 2020, the land joint venture that was formed in October 2019 (the “Land JV”) completed the sale of approximately 29.7 acres, located on the east side of I-95, for a sales price of approximately $3.0 million (the “Land Sale”).Gig Harbor, Washington , Nov. 09, 2020 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has closed on the Phase 3 sale of 66 residential lots at Soundview Estates in Bremerton, Washington to Lennar Northwest, Inc.
DAYTONA BEACH, Fla., Nov. 10, 2020 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE American: CTO) (“CTO” or the “Company”) today announced that, in connection with the Company’s conversion to a real estate investment trust (“REIT”), the Company’s shareholders have approved the merger of the Company with and into a wholly owned Maryland subsidiary (the “Merger”).
The Victoria plan is now available at Hightop Ridge in Converse, Texas.
