Real Estate News

NEW YORK, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $68 million in Fannie Mae financing to acquire a 595-unit multifamily property in Prince Georges County, Maryland.

NEW YORK, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced results for the fourth quarter and year ended December31, 2020.

Firm to co-develop the two million square foot industrial park in Dallas, TX with Archway Properties

DENVER, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Black Creek Group, a Denver-based real estate investment management firm with a more than 25-year history, today announced the acquisition of 165 acres for the development of I-20 Logistics Park in Dallas, TX.

SAN DIEGO, CALIFORNIA, Feb. 16, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB: ILAL) announced today a sales and marketing collaboration with Baja 123 Real Estate (www.baja123.com) for its Plaza Bajamar development.

NEW YORK, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today:

Quarter Ended December 31, 2020 Financial Results

NET LOSS attributable to common shareholders for the quarter ended December 31, 2020 was $209,127,000, or $1.09 per diluted share, compared to net income attributable to common shareholders of $193,217,000, or $1.01 per diluted share, for the prior year's quarter.

GRAPEVINE, Texas, Feb. 16, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the second extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per share (the “Tender Offer”).

VERO BEACH, Florida, Feb. 17, 2021 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the March 2021 cash dividend for the Company's Common Stock.

Avenues ARE has announced its fluorine-free fire-fighting foam distribution services for companies wanting to ensure they are in line with new legislation banning the use of fluorinated foams.

NEW YORK, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced that Jeff Pirhalla has joined as a Director for the firm’s Agency lending platform.

Project Addresses the Need for Contiguous Industrial Space in Rapidly Evolving Section of the City Near Airport, along SH 130 Corridor