Real Estate News

Kimco Realty® Announces Waiver of Condition for the Receipt of the Requisite Preferred Shareholder Consents and Extension of Cash Tender Offer to Purchase All of Its Outstanding Depositary Shares Representing 1/1,000 of a Share of 7.25% Class N Cumulative Convertible Perpetual Preferred Stock and Consent Solicitation

JERICHO, N.Y., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced that it has waived the condition for the receipt of the Requisite Preferred Shareholder Consents (as defined below), relating to its tender offer to purchase for cash any and all of its outstanding depositary shares (each, a “Security”, and collectively, the “Securities”) representing 1/1,000 of a share of the Company’s 7.25% Class N Cumulative Convertible Perpetual Preferred Stock, par value $1.00 per share (the “Class N Preferred Stock”), at a price per Security of $62.00, plus any accrued and unpaid dividends (the “Offer”) and concurrent consent solicitation (the “Consent Solicitation”).

United Development Funding IV Announces Distributions for Q4 2024

IRVING, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV”) announced today that on November 7, 2024, its board of trustees authorized a cash distribution of $0.065 per share, approximately $2 million in the aggregate, payable on December 31, 2024, to shareholders of record at the close of business on December 24, 2024 (the “Fourth Quarter Distribution”).

Landing’s Homes for Healing Program Saves $2 Million for Families in Need

Ongoing initiative provides free, fully-furnished apartments to families traveling for long-term pediatric medical treatment

BIRMINGHAM, Ala., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Landing, the company behind the first membership for flexible apartment living, today announced a major milestone for its Homes for Healing initiative, which offers free fully-furnished apartments for families traveling with a child to receive long-term medical treatment.

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