Agrees to Acquire 650 South Tryon at Legacy Union in CBD
$203M Total Investment, 367,000 Square FeetAdjacent to Highwoods-Owned Bank of America Tower at Legacy UnionClosing Scheduled for 3rd Quarter
Agrees to Acquire Mixed-Use Development Site in South End$27M Purchase PricePlanned for Approximately 300,000 Square Feet of Office and 250 Apartment Units Closing Scheduled for 2nd Quarter
RALEIGH, N.C.
RALEIGH, N.C., May 09, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has published its 2021 Corporate Resiliency Report, which highlights the Company’s Environmental, Social and Governance initiatives.
NEW YORK, May 09, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $33,717,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan for the acquisition of a 324-unit multifamily property in Jonesboro, Arkansas.
JACKSONVILLE, Fla., May 09, 2022 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ: FRPH) anticipates issuing its first-quarter earnings results on Wednesday, May 11, 2022.
Adds additional 224,359 square feet industrial, warehouse and flex product to its Lake Mary, Orlando submarket position
CLEVELAND, May 09, 2022 (GLOBE NEWSWIRE) -- Ten Capital Management (“TCM”), a privately held real estate investment management firm, today announced it has completed the acquisition of SunTech Commerce Park, a six-building, 224,359±RSFClass A flex-office/light industrial park situated on 19.3± acres located at 39-59 Skyline Drive, Lake Mary, Florida.
NEW YORK, May 05, 2022 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has originated a $43 million loan for the construction of 38 townhomes in Water Mill, New York to JS Squared, a multi-disciplined real estate development company led by James Stanton and Jeffrey Suchman.
SAN CLEMENTE, Calif., May 05, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of CareTrust REIT, Inc. (Nasdaq:CTRE) today announced that Careina D. Williams and Anne Olson have been elected as directors at the Company’s annual shareholder meeting held on May 3, 2022.
The leader in single-family residential real estate announces the launch of its tech-enabled, all-in-one investing platform in Jacksonville, Indianapolis, and Nashville
OAKLAND, Calif., May 05, 2022 (GLOBE NEWSWIRE) -- Mynd, the company transforming how single-family residential (SFR) real estate investors find, finance, lease, manage, and sell single-family rental properties, today announced its expansion into three new fast-growing markets: Jacksonville, Indianapolis and Nashville.
Raises 2022 Outlook
First Quarter Consolidated Bookings Increased Over 50% From Prior Year
Net Income of $0.21 Per Diluted Common Share for the First Quarter; Increase of $0.23 Per Diluted Common Share from the Prior Year First QuarterAdjusted EBITDA and AFFO Grew 4.9% and 9.0% for the First Quarter, Respectively, from the Prior Year First QuarterAFFO Per Diluted Common Share of $0.43 for the First QuarterLITTLE ROCK, Ark.
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