Real Estate News

Harbor Custom Development, Inc. Acquires 48 Acres in Belfair, Washington for $3,915,000

Continues the Company’s Residential Expansion in (North) Mason County

Gig Harbor, Washington , March 08, 2021 (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 48 acres currently in the entitlement process for 144 undeveloped lots located in Belfair, Washington.

RPT Realty Announces Formation of New Net Lease Retail Real Estate Platform with Sovereign Wealth Fund GIC, Zimmer and Monarch

The platform will target the acquisition of over $1.2 billion of net lease retail assets with a focus on essential and high credit quality tenants The initial investment portfolio is to be seeded with 42 single-tenant, net lease retail assets from RPT valued at $151 millionRPT will retain a 6.4% equity interest in the platform, participate in new investments and earn fees as the manager of the platform

NEW YORK, March 04, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE: RPT) (“RPT” or the “Company”), a publicly traded real estate investment trust that owns and operates a portfolio of open-air shopping destinations principally located in top U.S.

Sun Communities, Inc. Commences Public Offering of 7,000,000 Shares of Common Stock

Southfield, MI, March 04, 2021 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI)(the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing communities, recreational vehicle resorts and marinas, today announced that it has commenced an underwritten public offering of an aggregate of 7,000,000 shares of its common stock, consisting of 4,000,000 shares offered directly by the Company and 3,000,000 shares offered on a forward basis in connection with the forward sale agreement described below.

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