Real Estate News

Matterport, Inc. Announces Redemption of Public Warrants

SUNNYVALE, Calif., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Matterport, Inc. (“Matterport” or the “Company”) (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that the Company will redeem all of its outstanding warrants (the “Public Warrants”) to purchase shares of the Company’s Class A common stock, par value $0.0001 per share (“Common Stock”), that were issued under the Warrant Agreement entered into between the Company and Continental Stock Transfer & Trust Company (“Continental”) on December 15, 2020, as amended by that certain First Amendment to Warrant Agreement, by and among the Company, Continental and American Stock Transfer & Trust Company (“AST”), dated as of July 22, 2021 (as amended, the “Warrant Agreement”), as part of the units sold in the Company’s initial public offering (the “IPO”) and that remain outstanding at 5:00 p.m.

Construction Commences on $3 Billion 66-Acre Master-Planned Mixed-Use Community in the Heart of Austin’s Second Downtown

Master developer breaks ground on phase one and rebrands the community as Uptown ATX

AUSTIN, Texas, Dec. 13, 2021 (GLOBE NEWSWIRE) -- Today, Brandywine Realty Trust announced construction is officially underway on its $3 billion, 66-acre master-planned neighborhood, which will introduce nearly 7 million square feet of workspace, multi-family, retail, hospitality, and a new Capital Metro Rail Station.

CTO Realty Growth Completes Sale of the Remaining Daytona Beach Land Within Its Land Joint Venture

DAYTONA BEACH, Fla., Dec. 10, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the joint venture entity that holds the remaining Daytona Beach land portfolio of approximately 1,600 acres (the “Land Venture”) has completed the sale of all of its remaining land for $66.3 million (the “Land Venture Sale”) to Timberline Acquisition Partners, an affiliate of Timberline Real Estate Partners.

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