Real Estate News

Ivy Row at South Expected to Open in Fall 2022

Austin, Texas, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Campus Advantage®, an industry leader in student housing property management, consulting, and investment management, today announced it has been selected to manage Ivy Row at South -- a new, off-campus student housing property being developed in Mobile, Alabama near the University of South Alabama.

NEW YORK, Nov. 17, 2021 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today the launch of a public offering of its SeriesG Cumulative Redeemable Preferred Stock (the “Series G Preferred Stock”).

NEW YORK, Nov. 16, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has completed the acquisition of a 57%-leased, approximately 197,000 square foot industrial/logistics building in Charleston, South Carolina (the “Charleston Acquisition”), the Company’s first property in the Charleston market.

NEW YORK, Nov. 16, 2021 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that, Steven R. Mumma, the Chairman of the Board of Directors of the Company (the “Board”) and Chief Executive Officer, will transition to the role of Executive Chairman of the Company and that the Company’s President, Jason T.

Towne Properties announces its acquisition of Borror's Association Management division

COLUMBUS, Ohio, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Towne Properties announces its acquisition of Borror’s Association Management division.

PHILADELPHIA, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Today, Brandywine Realty Trust (NYSE: BDN) and Pennsylvania Biotechnology Center (PABC) announced that B.Labs at Cira Centre has been 50% leased to notable life science companies.

NEW YORK, Nov. 16, 2021 (GLOBE NEWSWIRE) --

VORNADO REALTY TRUST (NYSE: VNO) announced today that it has completed a $950million refinancing of 1290 Avenue of the Americas, a 2.1million square foot Class A Manhattan office building.

Southfiled, MI, Nov. 15, 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 pricing of an underwritten public offering of 3,500,000 shares of its common stock at a public offering price of $185.00 per share in connection with the forward sale agreement described below.

Southfield, MI, Nov. 15, 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 that it has commenced an underwritten public offering of 2,750,000 shares of its common stock in connection with the forward sale agreement described below.

NEW YORK, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $26,800,000 in Fannie Mae Small Loans to refinance seven multifamily properties in Los Angeles.