Real Estate News

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TORONTO, May 15, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0492 per REIT unit for the month of May 2024, representing US$0.59 per REIT unit on an annual basis.

Will Result in the Relocation of Approximately 900 Jobs to Downtown Orlando

Atlanta, May 14, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, and the largest owner of office properties in Orlando, announced today that Travel + Leisure Co (NYSE:TNL), the world’s leading membership and leisure travel company, has chosen Piedmont’s 501 W.

HOUSTON, May 14, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that, based on the preliminary vote count at the Company’s 2024 Annual Meeting of Shareholders (the “Annual Meeting”), subject to the final certification of the voting results by the inspector of election, all six Whitestone’s nominees have been re-elected to the Whitestone Board of Trustees (the “Board”).

NASHVILLE, Tenn., May 10, 2024 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties (NYSE: RHP) (the “Company”), today announced that the Board of Directors has authorized, and the Company has declared a second quarter cash dividend of $1.10 per share of common stock, to be paid on July 15, 2024, to stockholders of record as of June 28, 2024.

SAN DIEGO, May 10, 2024 (GLOBE NEWSWIRE) -- Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), announced today that it has entered into a cooperation agreement with Zuma Capital Management, LLC (“Zuma”), Ouray Capital Management, LLC (“Ouray”), Reuben Berman, Stefani Carter, Vito Garfi, Brent Morrison, Elena Piliptchak, and certain affiliated and associated persons thereof (collectively, the “Zuma Investor Group”) that beneficially holds, in the aggregate, 1,103,655 shares, or approximately 7.6%, of Presidio’s outstanding common stock.

The Goodwill Estate has a long history, established in 1795, it is listed on the National Register of Historic Places. This sprawling estate once sheltered Barnum & Bailey’s circus animals.

Annual Meeting and Shareholder Presentation to be held virtually on May 15, 2024 at 10:00 a.m. HST

KAPALUA, Hawaii, May 13, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc.

RALEIGH, N.C., May 13, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) has published its 2023 Corporate Resiliency Report, which highlights the Company’s Environmental, Social and Governance initiatives.

NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on real estate private credit, and Unity Capital, a direct portfolio lender originating commercial real estate secured financing products, today announced they have provided an $85 million construction loan and a $15 million mezzanine loan, respectively, to an affiliate of Kushner Companies for the development of a 299-unit mixed-use multifamily and retail project located at 144 Broadway Place in Long Branch, New Jersey.

SAN FRANCISCO, May 14, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Carrie Wheeler, Chief Executive Officer, will speak at the J.P.