Real Estate News

PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND

PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND

Atlanta, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today that its board of directors has declared a regular quarterly cash dividend of $0.125 per share, or $0.50 per share on an annualized basis, for the first quarter of 2025.

UDF IV Urges Shareholders to Vote “FOR” Ready Capital Merger Agreement Ahead of March 4, 2025 Special Meeting of Shareholders

UDF IV shareholders may receive up to $5.89 per UDF share through a combination of: (i) pre-closing distributions of UDF IV’s own cash from its balance sheet, (ii) shares issued at closing by Ready Capital for UDF IV shares, and (iii) contingent value rights

Visit www.udfivreadycapmerger.com for Voting Instructions and Other Information

IRVING, Texas, Feb.

Sunrise Realty Trust, Inc. Commits $44.0 Million to a Senior Loan for Shell Plaza at the River District in New Orleans, Louisiana

WEST PALM BEACH, Fla., Feb. 03, 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 $44.0 million commitment to a $74.5 million senior loan originated by the TCG Real Estate platform for the construction of Shell Plaza (the “Project” or “Shell Plaza”) in New Orleans.

Southern Realty Trust Commits $20.0 Million to a Senior Loan for Shell Plaza at River District in New Orleans, Louisiana

WEST PALM BEACH, Fla., Feb. 03, 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 $20.0 million commitment to a $74.5 million senior loan originated by the TCG Real Estate platform for the construction of Shell Plaza (the “Project” or “Shell Plaza”) in New Orleans.

Brandywine Realty Trust and FS Investments Announce FS’s New Global Headquarters at Schuylkill Yards

Growing asset management firm chooses to stay in Philadelphia after extensive search

PHILADELPHIA, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) and FS Investments today announced they have entered into a 117,000 square foot, 16-year lease for the Philadelphia-based alternative asset manager’s new global headquarters at 3025 JFK Blvd.

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