Gig Harbor, Washington , June 25, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (NASDAQ: HCDI, HCDIP, HCDIW) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has entered into a purchase and sale agreement for the acquisition of approximately 2.34 acres of land for the construction of 112 condominium units in Burien, Washington for $2,600,000.
Real Estate News
FREEHOLD, NJ, June 25, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced that it will host its Second Quarter 2021 Financial Results Webcast and Conference Call.
DAYTONA BEACH, Fla., June 24, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced it has acquired The Shops at Legacy North, an approximately 236,000 square foot retail-driven mixed-use lifestyle property in Plano, Texas (the “Property”).
DAYTONA BEACH, Fla., June 28, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE: CTO) (“CTO” or the “Company”) today announced the launch of a public offering of shares of its Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) with a $25.00 per share liquidation preference.
Largest non-portfolio Single Asset, Single Borrower CMBS securitization in history
NEW YORK, June 28, 2021 (GLOBE NEWSWIRE) -- SL Green Realty Corp (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has closed a $3.0 billion 10-year, fixed-rate financing of One Vanderbilt Avenue, the skyline-defining tower in the heart of East Midtown, which is owned in a joint venture between SL Green, National Pension Service of Korea and Hines Interests, LP.
Homepie saves 85-year-old Californian moving to Austin $18,000
VERO BEACH, Florida, June 24, 2021 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced guidance on the July 2021 cash dividend for the Company's Common Stock, which maintains the current monthly dividend rate of $0.10 per Common share.
DAYTONA BEACH, Fla., June 24, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the joint venture entity that holds the remaining Daytona Beach land portfolio of approximately 1,600 acres (the “Land Venture”) has entered into a binding contract with Timberline Acquisition Partners, an affiliate of Timberline Real Estate Partners (“Timberline”), for the sale of substantially all of its remaining land, including any land that was previously under contract, for $67.0 million (the “Land Venture Sale”).
HUD-Insured Financing Represents 91% Loan-to-Purchase for 120-Unit Multifamily Asset
NEW YORK, June 24, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, closed the sale of a 120-unit affordable housing property in Traverse City, MI.
NEW YORK, June 24, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $7.8 million HUD-insured loan to refinance a 124-unit affordable housing community in Roseville, Michigan.