Real Estate News

MONMOUTH REAL ESTATE ANNOUNCES TAX TREATMENT FOR 2020 DISTRIBUTIONS

HOLMDEL, NJ, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the tax treatment of its 2020 distributions. The following tables summarize, for income tax purposes, the nature of cash distributions paid to stockholders of Monmouth’s common and preferred shares during the calendar year ended December 31, 2020.

MVP Holdings Inc. readies for impending Reverse Merger with Significant Outstanding Share Reduction

FRESNO, Calif., Jan. 26, 2021 (GLOBE NEWSWIRE) -- MVP Holdings Inc., (OTC Pink: MVPT) a diversified holding company with a focus on consumer goods and service brands as well as real estate holdings, is pleased to announce that, in preparation for an impending reverse merger to be announced within the next 90 days, it is reducing its Outstanding Shares from the current figure of 170,769,145 shares to 50,039,145 shares.

Harbor Custom Development, Inc. Increases Footprint in Sacramento Metro Housing Market

Gig Harbor, Washington , Jan. 26, 2021 (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 contracted to acquire 22 developed lots in Rocklin, California for $3,944,050.

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