NEW YORK, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $51,870,000 Fannie Mae Delegated Underwriting Services (DUS®) loan to refinance a 312-unit multifamily property in Tucson, Arizona.
Real Estate News
Conference Call Scheduled for Monday, November 8, 2021 at 2:00 pm ET
SAN CLEMENTE, Calif., Nov. 08, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (Nasdaq:CTRE) today reported operating results for the quarter ended September 30, 2021, as well as other recent events.
Gig Harbor, Washington , Nov. 08, 2021 (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 contract with Modern Homestead, LLC for the sale of 30 developed lots in the Summit Rock golf course development in Horseshoe Bay Texas for $6,045,000.
IRVING, Texas, Nov. 08, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today reported operational and financial results for the third quarter ended September30, 2021.
CorePoint Stockholders to Receive $15.65 Per-Share in Cash
IRVING, Texas, Nov. 08, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today announced that it has entered into a definitive agreement to be acquired through a joint venture between affiliates of Highgate and Cerberus Capital Management, L.P.
Company Near-Term and Long-Term Sustainability Goals Combat Climate Change
INDIANAPOLIS, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE), the leading domestic only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, announces the company will target achieving carbon neutrality for its own operations by 2025 and achieving carbon neutrality in alignment with the Paris Climate Accords by 2040.
DAYTONA BEACH, Fla., Nov. 08, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced that it has successfully amended its unsecured credit agreement to originate a new $100.0 million unsecured term loan (the “Term Loan”).
RALEIGH, N.C., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold 5405 Windward Parkway, a 248,000 square foot office building in Atlanta, for $48.0 million and 50 Glenlake, a 145,000 square foot office building also in Atlanta, for $20.6 million.
HOLMDEL, N.J., Nov. 05, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (the “Company”) (NYSE: MNR, “Monmouth” or “the Company”) announced today that it has reached a cooperation agreement with Blackwells Capital (“Blackwells”), which owns approximately 4.3% of the Company’s outstanding common stock.
Comprehensive Strategic Review Process Results in All-Cash, Value-Maximizing Transaction
Shareholders to Receive $21.00 Per Share in Cash
HOLMDEL, N.J., Nov. 05, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR), or Monmouth, announced today that it has entered into a definitive merger agreement with Industrial Logistics Properties Trust (Nasdaq: ILPT) under which ILPT will acquire all of the outstanding shares of Monmouth for $21.00 per share in an all-cash transaction valued at approximately $4.0 billion including the assumption of debt and the committed acquisition and expansion pipeline (the “Transaction”).