Real Estate News

Fourth Quarter Revenues Increased 21% and Gross Profit Increased 56%

Generated Fourth Quarter Adjusted EBITDA of $1.1 Million

ADT Acquisition Closed in March, Establishing Energy Services Division

OLD GREENWICH, Conn, March 20, 2025 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc.

The building’s renaming marks a bold new chapter of innovation for the beloved architectural icon, spearheaded by luxury developer SHVO

CHICAGO, March 20, 2025 (GLOBE NEWSWIRE) -- SHVO, the luxury real estate development and investment firm, today announced that 333 South Wabash, affectionately nicknamed by Chicagoans as "Big Red," is now officially renamed "The Red.

Nearly all vacant WeWork space filled following latest transactions at premier mixed-use development

VIRGINIA BEACH, Va., March 20, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced the execution of three new office leases totaling approximately 20,000 square feet at The Interlock, one of Atlanta’s premier mixed-use developments.

FREEHOLD, NJ, March 19, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced today that it has published its 2024 Annual Report.

BETHESDA, Md., March 19, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington, DC and the Atlanta metro areas, today announced the appointment of Ron D.

ATLANTA, March 17, 2025 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, announced today it has signed an agreement to acquire a facility in Houston, Texas for a total investment of approximately $127 million including planned expansion and equipment upgrades.

WEST PALM BEACH, Fla., March 18, 2025 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (“SUNS” or the “Company”) (NASDAQ: SUNS), a lender on the Tannenbaum Capital Group (“TCG”) Real Estate platform, today announced that it closed on a $46.5 million commitment to a $62.0 million senior loan originated by the TCG Real Estate platform to refinance The Bohéme, a Class-A Multifamily asset in Dallas, TX (“Bohéme” or “Property”), with $44.3 million of the SUNS commitment funded at closing.

WEST PALM BEACH, Fla., March 18, 2025 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”), a lender on the Tannenbaum Capital Group (“TCG”) Real Estate platform, today announced that it closed on a $15.5 million commitment to a $62.0 million senior loan originated by the TCG Real Estate platform to refinance The Bohéme, a Class-A Multifamily asset in Dallas, TX (“Bohéme” or “Property”), with $14.7 million of the SRT commitment funded at closing.

LOS ANGELES, March 18, 2025 (GLOBE NEWSWIRE) -- PearlX, an energy infrastructure and capital partner to multifamily owners and developers, has committed to invest $3 million to bring a solar power and battery system to Sand Canyon, a new, 323-unit, 582-bedroom apartment community under construction in Santa Clarita, California.

346,000 Square Feet, 100% Leased

RALEIGH, N.C., March 18, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has closed the acquisition of Advance Auto Parts Tower in the heart of Raleigh’s vibrant mixed-use North Hills Best Business District for a total investment of $138 million.