HOUSTON, April 16, 2021 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the first quarter ended March 31, 2021 after the market close on Tuesday, May 4, 2021.
Real Estate News
The Harvard plan by LGI Homes at Hidden Creek
Total Investment of $769M (Including Assumed Debt)Closing Scheduled for Third Quarter 2021
AssetStrategyMarketSubmarket/BBDSF150 FayettevilleCoreRaleighCBD560,000CAPTRUST TowerCoreRaleighNorth Hills300,000Capitol TowersCoreCharlotteSouthPark479,000Morrocroft CentreCoreCharlotteSouthPark291,000Galleria 75 Redevelopment SiteCoreAtlantaCumberland/GalleriaOffice-Related Mezzanine LoanNon-CoreAtlantaWest MidtownArmour YardsNon-CoreAtlantaBuckhead/Midtown_________________________________________
Acquisition to be Funded Primarily ThroughSales of Non-Core AssetsExpects to Return Balance Sheet Metrics to Current Levels by Mid-2022_________________________________________
Plan Expected to Strengthen Long-Term Growth Trajectory Immediately Accretive to Cash FlowsNeutral to Current FFO Run Rate; Accretive over Long-Term_________________________________________
Conference Call: Monday, April 19th at 11:00 A.M.
NEW YORK, April 12, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) announced today that it released its 2020 Environmental, Social, & Governance (“ESG”) report.
NEW YORK, April 12, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced that Romano Tio, Senior Managing Director, has joined the Commercial finance team led by Scott Chisholm, based in New York.
Full service commercial real estate services firm launches national platform
James Pitts - Principal of Greenwood Commercial Real Estate Group
NEW YORK, April 13, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided an $11.9 million HUD-insured loan to refinance a 128-bed assisted living facility in Omaha, Nebraska.
NEW YORK, April 13, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) announced the following updates on leasing, its acquisition and development pipeline, its potential dispositions and the impact of the COVID-19 pandemic on the Company’s rent collections:
Highlights
Signed approximately 202,000 square feet of first generation leases on in-service industrial/logistics portfolio bringing industrial/logistics portfolio to 99.2% leased as of March 31, 2021; subsequently increased to 99.4% leasedSigned a fifteen-year lease agreement and development agreement with Amazon for an approximately 141,000 square foot build-to-suit industrial/logistics building on the Company’s land parcel on Old Statesville Road in Charlotte, North CarolinaAnnounced development of a new approximately 234,000 square foot industrial/logistics building on the Company’s undeveloped land at 110 Tradeport Drive in the Hartford, Connecticut market that is 67% pre-leasedSubsequent to quarter end, entered into an agreement to acquire, for a purchase price of approximately $11.7 million, a fully leased approximately 127,500 square foot industrial/logistics building in the Lehigh Valley of PennsylvaniaSubsequent to quarter end, closed on the acquisition of approximately 14 acres of undeveloped land in Orlando for $5.25millionTotal potential proceeds of approximately $18.8 million from sales of non-core land currently under agreement, if all agreements were to closeLeasing Activity
During the three months ended March 31, 2021 (the “2021 first quarter”), INDUS executed four first generation leases totaling approximately 202,000 square feet at 160 and 180 International Drive in the Charlotte market and 170 Sunport Lane in the Orlando, Florida market.
Atlanta, GA, April 13, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE: PDM) today announced that the U.S. Environmental Protection Agency and the U.S.
"To Catch A Fraudster" Webinar is scheduled for tomorrow, April 14th
