Real Estate News – Page 60

Home sales drop across New York as mortgage rates remain above 7% in May

May 2024 NYS Housing Market

Alpine Income Property Trust Announces Year-To-Date 2024 Transaction Activity

WINTER PARK, Fla., June 21, 2024 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced its year-to-date 2024 investment and disposition activities.

Grand Opening: Vornado Realty Trust and Local Officials Cut the Ribbon on Plaza33, a Dynamic New Public Space in the Heart of THE PENN DISTRICT

The newly completed Plaza33 is a pedestrian park filled with greenery, seating and lined with authenticNew York restaurants, all atop New York’s most accessible transit hub

See photos of the new plaza at www.vno.com/plaza33

NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) today marked the completedtransformation of 33rd Street into the dynamic new Plaza33, a pedestrian plaza at the doorstep of Manhattan’s new West Side.

Greystone Provides $29 Million in HUD-Insured Financing for Skilled Nursing Facility in Tucson, Arizona

NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $29,432,000 HUD-insured loan to refinance a 240-bed skilled nursing facility in Tucson, Arizona.

UDF IV Issues Letter to Shareholders Highlighting the Board and Management’s Decisive Actions to Protect Shareholder Value

Addresses NexPoint’s Latest Attempts to Undermine the Trust at the Expense of UDF IV Shareholders

No Shareholder Action Required at this Time

Visit UDFforShareholders.com to Learn More about the Trust’s Commitment to Value Creation

IRVING, Texas, June 24, 2024 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) today issued a letter to shareholders in response to notice that NexPoint Real Estate Opportunities LLC and its affiliates (collectively, “NexPoint”) have submitted nominations for a controlling slate of dissident trustee nominees for election ahead of the Company’s 2024 Annual Meeting of Shareholders.

LGI Homes Opens First Community in Baltimore

New Townhomes Minutes from Downtown Start in the $360s

The Canton by LGI Homes atMcCormick Place

This spacious three-bedroom, two-and-a-half-bath Canton plan features with an open-concept floor plan and a one-car garage.

ARMOUR Residential REIT, Inc. Announces Guidance for July 2024 Dividend Rate per Common Share

VERO BEACH, Florida, June 24, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced guidance on the July 2024 cash dividend for the Company's Common Stock of $0.24 per Common share.

Presidio Property Trust Announces Closing of $1.74 Million Public Offering of Series D Preferred Stock

SAN DIEGO, June 24, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT) Presidio Property Trust, an internally managed, diversified real estate investment trust ("REIT"), today announced the closing of its public offering of 109,054 shares of its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock par value $0.01 per share (the "Series D Preferred Stock") at a price to the public of $16.00 per share for gross proceeds of approximately $1.74 million, before deducting underwriting discounts and offering expenses.

Elme Communities to Release Second Quarter 2024 Results on Thursday, August 1st

BETHESDA, Md., June 24, 2024 (GLOBE NEWSWIRE) -- Elme Communities (“Elme”) (NYSE:ELME), a value-oriented multifamily owner and operator, will release second quarter earnings results after market close on Thursday, August 1, 2024.

La Rosa Holdings Corp to White Label Proprietary AI System ‘JAEME’ to Support Real Estate Agents, Creating New Revenue Stream

JAEME Experienced a 92.6% Increase in Utilization in Five Months After Launch

Celebration, FL, June 25, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ:LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it intends to white label its proprietary artificial intelligence (“AI”) system, JAEME.