Real Estate News

New York Mortgage Trust Announces Redemption of 7.875% Series C Cumulative Redeemable Preferred Stock

NEW YORK, June 30, 2021 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that it intends to redeem all 4,181,807 of the outstanding shares of the Company’s 7.875% Series C Cumulative Redeemable Preferred Stock, par value $0.01 per share (the “Series C Preferred Stock”), on July 30, 2021 (the “Redemption Date”).

INDUS Announces Closing on the Acquisition of a 395,000 Square Foot Industrial/Logistics Building in Charlotte, North Carolina

NEW YORK, June 28, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has completed the acquisition of a recently constructed, approximately 50% leased, 395,000 square foot industrial/logistics building in Charlotte, North Carolina (the “Charlotte Acquisition”).

Harbor Custom Development, Inc. Contracts to Purchase 112 Unit Condominium Site in Burien, Washington Expanding First-Time Home Buyer Footprint

Gig Harbor, Washington , June 25, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (NASDAQ: HCDI, HCDIP, HCDIW) (“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 purchase and sale agreement for the acquisition of approximately 2.34 acres of land for the construction of 112 condominium units in Burien, Washington for $2,600,000.

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