Real Estate News

Highwoods Acquires Development Land in Nashville Area

Ovation in Franklin$57.8M Purchase Price

Plans to Re-Imagine Mixed-Use Project

RALEIGH, N.C., Oct. 06, 2021 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announced today it has acquired the remaining 77 acres of development land at Ovation in the Cool Springs district of Franklin, TN, one of Nashville’s BBDs (Best Business Districts), for a total purchase price of $57.8 million.

Landsea Homes Announces New Unsecured Credit Facility

NEWPORT BEACH, Calif., Oct. 07, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that the Company has established a $500 million unsecured revolving credit facility with an accordion feature that permits increases in borrowing capacity under the revolving credit facility up to an additional $350 million subject to certain conditions.

NewLake Capital Partners Announces Participation in Upcoming Investor Conferences

NEW CANAAN, Conn., Oct. 07, 2021 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that the Company will participate in two upcoming conferences:

Benzinga’s Cannabis Capital Conference is being held on Thursday, October 14, 2021, virtually and in-person at the Marriott Marquis in New York City.

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