Real Estate News

UDF IV Issues Letter to Shareholders Highlighting the Board and Management’s Decisive Actions to Protect Shareholder Value

Addresses NexPoint’s Latest Attempts to Undermine the Trust at the Expense of UDF IV Shareholders

No Shareholder Action Required at this Time

Visit UDFforShareholders.com to Learn More about the Trust’s Commitment to Value Creation

IRVING, Texas, June 24, 2024 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) today issued a letter to shareholders in response to notice that NexPoint Real Estate Opportunities LLC and its affiliates (collectively, “NexPoint”) have submitted nominations for a controlling slate of dissident trustee nominees for election ahead of the Company’s 2024 Annual Meeting of Shareholders.

Presidio Property Trust Announces Closing of $1.74 Million Public Offering of Series D Preferred Stock

SAN DIEGO, June 24, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT) Presidio Property Trust, an internally managed, diversified real estate investment trust ("REIT"), today announced the closing of its public offering of 109,054 shares of its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock par value $0.01 per share (the "Series D Preferred Stock") at a price to the public of $16.00 per share for gross proceeds of approximately $1.74 million, before deducting underwriting discounts and offering expenses.

La Rosa Holdings Corp to White Label Proprietary AI System ‘JAEME’ to Support Real Estate Agents, Creating New Revenue Stream

JAEME Experienced a 92.6% Increase in Utilization in Five Months After Launch

Celebration, FL, June 25, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ:LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it intends to white label its proprietary artificial intelligence (“AI”) system, JAEME.

Architectural Marvel in Biltmore Forest Enters Market for $4 Million

LISTING LINK: https://www.premiersothebysrealty.com/single-family/clm/car4134717/5-brookside-road-asheville-nc-28803

DROPBOX: https://www.dropbox.com/scl/fo/q0nlr9ji6dq8qmeo6k0wt/AHECHXC9AmrDr5T_nCVsGb4?rlkey=9azqmvmawbmhyghvkx4nty4vv&st=vqljj600&dl=0

PHOTO CREDIT: Ryan Theede

ASHEVILLE, N.C., June 25, 2024 (GLOBE NEWSWIRE) -- A luxury estate in coveted Biltmore Forest has entered the market.

Brookfield Infrastructure Corporation Announces Results of Annual Meeting of Shareholders

BROOKFIELD, NEWS, June 18, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation (the “Corporation”) (TSX, NYSE: BIPC) today announced that all eight nominees proposed for election to the board of directors by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B multiple voting shares (“Class B Shares”) were elected at the Corporation’s annual meeting of shareholders held on June 18, 2024 in a virtual meeting format.

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