Real Estate News – Page 555

Wendover Housing Partners and Universal Parks & Resorts Release Development Plan for Housing for Tomorrow Initiative

“Catchlight Crossings” will redefine what affordable housing can be and address the Orlando area’s critical need for affordable housing

ORLANDO, Fla., March 29, 2022 (GLOBE NEWSWIRE) -- Wendover Housing Partners and Universal Parks & Resorts today revealed the initial development plan for Universal’s Housing for Tomorrow initiative, a new approach aimed at helping address the shortage of affordable housing in Orlando.

Rittenhouse Realty Advisors, A Member of GREA, Sells Newly Constructed Apartment Building Totaling 31 Units in Olde Kensington Neighborhood of Philadelphia, PA for $9,050,000

SOLD: 1216-1226 North 5th Street in Philadelphia, PA

Uniti’s First Private Wave Channel Product Goes Live in Florida

Announces Additional Routes Throughout the Southeast

LITTLE ROCK, Ark., March 22, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it has delivered 3.6 terabits of bandwidth to a large national fiber provider, its first customer on its state-of-the-art Open Line System, connecting Tampa to Miami, FL.

Leading Provider of Construction Systems Chooses Piedmont’s Atlanta Galleria for New Corporate Headquarters

Atlanta, March 23, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, today announced that it has signed a 50,000 square-foot lease through 2034 with a leading provider of construction systems.

EXIT Realty Corp. International Announces More Than $925,000 Paid in Beneficiary Residuals

Mississauga, ON, March 23, 2022 (GLOBE NEWSWIRE) -- Steve Morris, Founder and Chairman of EXIT Realty Corp. International today announced that the company has paid more than $925,000 in beneficiary residuals to associates’ loved ones.

Greystone Provides $123 Million in HUD-Insured Financing for Multifamily Properties in Riverside, CA

NEW YORK, March 23, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $123,047,900 in HUD-insured loans to refinance a 560-unit multifamily property portfolio in Riverside, CA.

CNL Healthcare Properties Announces Net Asset Value Per Share of $7.37

Orlando, Fla., March 23, 2022 (GLOBE NEWSWIRE) -- CNL Healthcare Properties, a real estate investment trust focused on seniors housing, announced that its board of directors unanimously approved an estimated net asset value (NAV) per share of $7.37 as of Dec.

Star Equity Fund Announces Intent to Nominate Director Candidates at Gyrodyne, LLC

Believes Significant Board Change is Necessary to Create Shareholder Value

OLD GREENWICH, Conn., March 23, 2022 (GLOBE NEWSWIRE) -- Star Equity Fund, LP (“Star Equity Fund” or “we”), a shareholder of Gyrodyne, LLC (Nasdaq: GYRO) (“Gyrodyne” or the “Company”), announced today its intent to nominate a slate of highly qualified director candidates for election to the Gyrodyne board of directors (the “Board”) at the Company’s 2022 annual meeting of shareholders.

Regency Centers Invites You to Join its First Quarter 2022 Earnings Conference Call

JACKSONVILLE, Fla., March 23, 2022 (GLOBE NEWSWIRE) -- Regency Centers Corporation (The “Company”) (NASDAQ: REG) will announce its First Quarter 2022 earnings results on Tuesday, May 3, 2022, after the market closes.

Taurus Investment Holdings and Aegon Asset Management Announce ESG-Centric Decarbonization Venture

Aegon AM and Taurus, through Taurus’ sustainable retrofit subsidiary RENU Communities, aims to significantly reduce carbon emissions across the venture’s portfolio, starting with Orlando multifamily asset

BOSTON, March 23, 2022 (GLOBE NEWSWIRE) -- Taurus Investment Holdings, LLC (Taurus), a global private equity real estate firm and Aegon Asset Management (Aegon AM), the asset management arm of Aegon N.V.