Real Estate News

LGI Homes Announces Director Resignation

THE WOODLANDS, Texas, Aug. 25, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that Laura Miller is resigning from LGI Homes’ Board of Directors (the “Board”) so that she may focus her efforts on other professional responsibilities.

Harbor Custom Development, Inc. Contracts to Purchase 75 Unit Permitted Condominium Site in Yelm, Washington for $3,325,000

Gig Harbor, Washington , Aug. 23, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ: HCDI; HCDIP; HCDIW), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced it contracted to purchase a 4.31 acre property permitted for the construction of 75 condominium units in Yelm, Washington for $3,325,000.

INDUS Announces Agreement to Acquire a 128,000 Square Foot Industrial/Logistics Building in Charlotte

NEW YORK, Aug. 24, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, announced today that it recently entered into an agreement (the “Purchase Agreement”) to acquire, for a purchase price of $14.6 million, before transaction costs, an approximately 128,000 square foot, fully-leased, industrial/logistics building in Charlotte, North Carolina (the “Charlotte Acquisition”).

Residential Real Estate Marketplace, Bungalow, Scales Business and Technology With $75M Series C Funding

New raise will bring total funding to over $150M, with plans to expand to 5 more markets by the end of 2021

SAN FRANCISCO, Aug. 24, 2021 (GLOBE NEWSWIRE) -- Bungalow, one of the largest and fastest growing marketplaces for roommate living in the United States, today announced it will raise $75M in Series C funding, led by Deer Park Road, with participation from existing investors including, Atomic, Founders Fund, Coatue and Khosla Ventures, bringing the company’s total funding to date to over $150M.

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