Real Estate News

United Development Funding IV Reaffirms its Recommendation that Shareholders Reject Hedge Fund NexPoint’s Hostile Tender Offer; Announces Lower Ownership Limit and Adoption of Exclusive Forum Bylaw

GRAPEVINE, Texas, Jan. 08, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) reaffirms its recommendation that Trust shareholders reject the unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund ("NexPoint") to purchase all Trust common shares for $1.10 per share.

Construction and Facilities Management Corporate Services Gains Traction at NAI Global Through its Relationship with Pleasant Valley Corporation

NEW YORK and MEDINA, Ohio, Jan. 11, 2021 (GLOBE NEWSWIRE) -- NAI Global President and CEO Jay Olshonsky, FRICS, SIOR, CCIM, announced today the successful realization of the firm’s 2019 strategic alliance with Pleasant Valley Corporation (PVC), an affiliate of NAI Pleasant Valley, to provide construction and facilities management services to NAI Offices throughout the U.S.

Landing Secures $100M in Funding and Expands Flexible Living Offerings Across 75 Cities

Foundry Group leads Series B round, fueling Landing’s expansion of new apartments across the U.S.

SAN FRANCISCO, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Landing, the company behind the first membership for flexible, long-term living, today announced it secured $100M in new funding: a $45M Series B led by Foundry Group with participation by Greycroft and Maveron, alongside a $55M debt facility.

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