Real Estate News

CTO Realty Growth Announces 5-Year, $50 Million Term Loan

DAYTONA BEACH, Fla., March 10, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced that it has successfully amended its unsecured credit agreement to originate a new $50 million unsecured term loan (the “Term Loan”) and increase the total committed capacity of its unsecured revolving credit facility (the “Revolving Facility”) from $200 million to $210 million (together, the “Credit Facility”).

Harbor Custom Development, Inc. Continues Expansion into Austin Metro Housing Market

Gig Harbor, Washington , March 10, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has contracted to acquire 30 developed single family lots for $2,500,000 in the Siena Creek subdivision in Horseshoe Bay, Texas, located approximately 53 miles west of Austin.

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