Real Estate News

Invesco Real Estate’s capital commitment fuels company growth and expands investor services

OAKLAND, Calif., June 01, 2021 (GLOBE NEWSWIRE) -- Mynd, the company rethinking how Single Family Rental (SFR) investors search for, purchase and manage their properties, today announced a deal with Invesco Real Estate that will propel Mynd into one of the largest buyers of SFR homes in the country.

NEW YORK, June 01, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has appointed Marc Fox as Chief Financial Officer, effective today.

GRAPEVINE, Texas, June 01, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV”) announced today that on May 27, 2021 its board of trustees authorized a cash distribution of $0.065 per share payable on June 30, 2021 to shareholders of record at the close of business on June 23, 2021.

DALLAS, June 01, 2021 (GLOBE NEWSWIRE) -- Multifamily manager, Lincoln Property Company, is pleased to announce the addition of Candace Weaver to Assistant Vice President, Client Services.

SAN DIEGO, CALIFORNIA, June 01, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILA” or the “Company”), an international land investment and development firm, has announced that Rancho Costa Verde Development, LLC (“RCV”) has commenced a fund to provide flexible financing solutions for homesite construction to selected qualified owners.

Southfield, MI, June 01, 2021 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced the dates for its second quarter 2021 earnings release and conference call.

INDIANAPOLIS, May 26, 2021 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE:KRG) announced today major enhancements taking place at Delray Marketplace, a premiere open-air lifestyle center in Delray Beach, Florida.

Mortgage executive with tech marketing background will oversee the transition from broker to lender

SALT LAKE CITY, May 26, 2021 (GLOBE NEWSWIRE) -- Homie Loans, a mortgage brokerage that simplifies the traditional mortgage process and saves Homie customers thousands, has hired Dan Richards as Senior Vice President.

UNIONDALE, N.Y., May 26, 2021 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (the “Company”) (NYSE:ABR) announced today that it will redeem all of the outstanding (i) 1,551,500 shares of its 8.250% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”), (ii) 1,260,000 shares of its 7.75% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”), and (iii) 900,000 shares of its 8.50% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock” and, together with the Series A Preferred Stock and the Series B Preferred Stock, the “Outstanding Preferred Stock”), at redemption prices equal to $25.00 per share of Outstanding Preferred Stock, plus any accumulated and unpaid dividends thereon to, but not including, June 24, 2021 (the “Redemption Date”).

NEW YORK, May 26, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $16,376,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 168-unit multifamily community in Pensacola, Florida.