Real Estate News

Harbor Custom Development, Inc. Enters Preliminary Commitment with Washington Federal Bank for $29,750,000 Construction Loan

Gig Harbor, Washington , Feb. 22, 2022 (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 entered into a preliminary commitment for $29,750,000 in construction financing with WaFd Bank for the 177 unit Tanglewilde apartment complex located in Lacey, Washington.

Whitestone REIT Increases Annual Cash Dividend by 11.6%

New Dividend Level Reflects Operational and Financial Improvements, and Strong Business Momentum

HOUSTON, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend on the Company's common shares, increasing the monthly dividend rate to $0.04 per share, up from $0.035833 per share.

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