Real Estate News – Page 559

American Assets Trust, Inc. Releases Tax Status of 2020 Distributions

SAN DIEGO, Jan. 20, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “Company”) announced today the tax treatment of its 2020 dividend distributions as follows:

Security Descriptions: Common StockCUSIP: 024013104Ticker Symbol: AAT

Record DatePayable DateTotal Distribution Per ShareAllocable to 2020Taxable Ordinary DividendReturn of CapitalLT Capital GainUnrecaptured Section 1250 GainSection 199A Dividends03/12/2003/26/20$0.30$0.30$0.196825$0.103175$0.000000$0.000000$0.19682506/11/2006/25/20$0.20$0.20$0.131217$0.068783$0.000000$0.000000$0.13121709/10/2009/24/20$0.25$0.25$0.164021$0.085979$0.000000$0.000000$0.16402112/10/2012/24/20$0.25$0.25$0.164021$0.085979$0.000000$0.000000$0.164021Total$1.00$1.00$0.656084$0.343916$0.000000$0.000000$0.656084

The Company did not incur any foreign taxes during 2020.

CORRECTION – Uniti Group Inc. Announces Pricing and Upsizing of Senior Notes Offering

LITTLE ROCK, Ark., Jan. 19, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier todaybyUniti Group Inc. (Nasdaq: UNIT) please note that at the end of the first paragraph of the release, the year should read 2021, not 2020 as previously stated.The corrected release follows:

Uniti Group Inc.

Uniti Group Inc. Announces Amendments to its Previously Announced Cash Tender Offer and Solicitation of Consents Relating to its 8.25% Senior Notes due 2023

LITTLE ROCK, Ark., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company” or “Uniti”) (Nasdaq: UNIT) today announced that its subsidiaries, Uniti Group LP, Uniti Group Finance 2019 Inc.

Rastegar Launches the Rastegar Opportunity REIT, Inc., Designed to Invest in Vintage Multifamily Real Estate Across the U.S. Sun Belt Region

The offering is for up to $200 million in shares of common stock in Rastegar Opportunity REIT, Inc. (the “REIT”) pursuant to Rule 506(c) of Regulation D.

VESTA Modular announces Acquisition of Innovative Modular Solutions – Opens New Branch Location in Indiana

SOUTHFIELD, Mich., Jan. 20, 2021 (GLOBE NEWSWIRE) -- VESTA Modular (“VESTA” or the “Company”) today announced it had completed the acquisition of Innovative Modular Solutions (“IMS”).

WashREIT Announces Tax Treatment of 2020 Distributions

WASHINGTON, Jan. 20, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE:WRE) announced the income tax treatment of its 2020 dividend distributions. This information represents final income allocations.

Harbor Custom Development, Inc. Expands Geographic Footprint – Enters Sacramento Metro Housing Market

Gig Harbor, Washington , Jan. 20, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has contracted to acquire 64 developed lots in the Darkhorse Golf Course community 33 miles northeast of Sacramento in Auburn, California for $9,143,700.

Greystone Real Estate Advisors Brings on New Leadership Team

Jeffery Daniels Assumes Role as President, David Sperling as Chief Administrative Officer to Continue Spearheading Group’s Growth; Current President of GREA, Jim McDevitt, to Retire and Serve as Advisor

NEW YORK, Jan.

Crosswind Renewable Energy Corp. Files Form 10 to Become SEC Reporting Company

MIAMI, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Crosswind Renewable Energy Corp. dba Community Redevelopment (OTC Pink: CWNR) ("the Company"), a community oriented real estate redeveloper targeting economic growth and opportunity zones in secondary and tertiary markets announced today that it has filed a Form 10 Registration Statement with the U.S.

MONMOUTH REAL ESTATE INVESTMENT CORPORATION PUBLISHES FISCAL 2020 ANNUAL REPORT

Monmouth Real Estate Investment Corporation