Real Estate News

Hanover Co. Closes $125M Fund to Acquire Development Sites

Targeting land and obsolete commercial structures for multifamily and industrial redevelopment

HOUSTON, May 28, 2025 (GLOBE NEWSWIRE) -- Hanover Co. has closed its Hanover Opportunities Fund (“HOF”) at $125 million in capital commitments and is actively acquiring land and underutilized commercial properties—such as vacant buildings and distressed office assets—for redevelopment into multifamily or industrial projects.

La Rosa Holdings Corp. Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

Celebration, FL, May 28, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech company, today announced that on May 21, 2025, it received a delinquency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (“Nasdaq”) due to the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the “Nasdaq Listing Rule”) as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2025 (the “Filing”).

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