Real Estate News – Page 713

Elevation Real Estate Group Opens First Focus Office Suites Location in Huntersville Designed With Health and Safety in Mind

Alternative Office Space Concept for Small- and Medium-Sized Businesses Includes Features for Getting Back to Work Safely

Charlotte, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Elevation Real Estate Group, a Charlotte-based real estate company, today cut the ribbon on its first Focus Office Suites location, an alternative choice in the office space market, located at 9541 Julian Clark Avenue, in Huntersville, North Carolina.

CTO Realty Growth Announces Recent Transaction Activity

DAYTONA BEACH, Fla., Nov. 10, 2020 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE American: CTO) (the “Company” or “CTO”) today announced the closing of the following three transactions representing approximately $6.5 million in transaction activity:

On November 6, 2020, the land joint venture that was formed in October 2019 (the “Land JV”) completed the sale of approximately 29.7 acres, located on the east side of I-95, for a sales price of approximately $3.0 million (the “Land Sale”).

Lennar Corporation Purchases an Additional 66 Lots at Soundview Estates from Harbor Custom Development, Inc.

Gig Harbor, Washington , Nov. 09, 2020 (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 closed on the Phase 3 sale of 66 residential lots at Soundview Estates in Bremerton, Washington to Lennar Northwest, Inc.

CTO Realty Growth Announces Successful Shareholder Vote in Connection With REIT Conversion and Declares $55.8 Million Special Distribution

DAYTONA BEACH, Fla., Nov. 10, 2020 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE American: CTO) (“CTO” or the “Company”) today announced that, in connection with the Company’s conversion to a real estate investment trust (“REIT”), the Company’s shareholders have approved the merger of the Company with and into a wholly owned Maryland subsidiary (the “Merger”).

LGI Homes Opens New Community Near San Antonio, Hightop Ridge

The Victoria plan is now available at Hightop Ridge in Converse, Texas.

The Victoria plan is a stunning, five-bedroom home with a spacious, open layout and a host of impressive included upgrades.

CAMPUS ADVANTAGE PROMOTES LORI MORAN TO VICE PRESIDENT, MANAGEMENT SERVICES

Student Housing Industry Veteran to Oversee the Onboarding and Offboarding of Assets, Training, and Software Implementation

EXIT Southeast Named International Region of the Year

Strobl and Lynn honored for the second consecutive year by EXIT Realty Corp. International

Stacy Strobl and Kenny Lynn

Alpine Income Property Trust Announces Acquisition of Single Tenant Property Net Leased to Dollar General

DAYTONA BEACH, Fla., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today it has acquired a single tenant net leased income property located in Kermit, Texas and leased to Dollar General (the “Acquisition”).

Rastegar Undeterred by COVID-19; Continues Buying Spree

Lamar Oaks Located in Highly Desirable Highland Neighborhood

AUSTIN, Texas, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Rastegar Property Company, a technology-enabled private real estate investment firm focused on value-add and development in all asset classes throughout Austin and the Southwest United States, announced today the acquisition of the 30-unit Lamar Oaks at 709 Lamar Place in North Austin.

EXIT Realty Corp. International’s Pledges to Charity Reach $6 Million

Mississauga, ON, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Communities across the U.S. and Canada will see a further bump in support as the funds pledged by EXIT Realty Corp.