Real Estate News

Vornado Announces Pricing of Public Offering of $300 Million 5.25% Series N Cumulative Redeemable Preferred Shares

NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) today announced the pricing of a public offering of $300 million perpetual 5.25% Series N Cumulative Redeemable Preferred Shares, at a price of $25.00 per share, pursuant to an effective registration statement. The offering is expected to close November 24, 2020, subject to customary closing conditions. The Company may redeem...

RPT Realty Announces Inaugural Investment Grade Credit Rating From Fitch Ratings, Inc.

NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (the “Company” or “RPT”) announced today that Fitch Ratings, Inc. (“Fitch”) has assigned a first time rating to RPT, including a Long-Term Issuer Default Rating of ‘BBB-‘ with a stable outlook. According to Fitch’s published report, the rating and outlook reflects RPT’s experienced management team, meaningful...

Strong New York State housing market continues through October

NYS October Housing Market NYS October Housing Market ALBANY, N.Y., Nov. 19, 2020 (GLOBE NEWSWIRE) -- As the weather gets colder, the New York housing market continues to heat up. Sales remained at higher than normal levels amid continued low inventory across the Empire State, according to the housing report released today by the New York State...

Fund That Flip Ranks Number #297 Fastest-Growing Company in North America on Deloitte’s 2020 Technology Fast 500™

Attributes 363% Revenue Growth to New Product Development, Innovative Technology and Superior Customer ServiceNEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Fund That Flip, the leading platform for residential real estate investors across the nation, today announced it ranked 297 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences...

Greystone Provides $20.65 Million in Freddie Mac Financing for Sanford, FL Multifamily Duo

NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Greystone, a leading private national commercial real estate finance company, provided two refinancing loans for a multifamily portfolio in Sanford, Florida. The transactions were originated by Dan Sacks, Managing Director in Greystone’s New York office. The properties include: Aqua Link, a 140-unit property, which received a 10-year, variable-rate,...

Madison Pointe Apartments Now Open and Leasing in Daytona Beach

DAYTONA BEACH, Fla., Nov. 19, 2020 (GLOBE NEWSWIRE) -- Madison Pointe in Daytona Beach, Florida is now open for leasing and has welcomed its first neighbors. Managed by Lincoln Property Company, the brand-new luxury apartment community offers 240 Class-A multifamily rentals. Situated on 12.16 acres, the community is located on Williamson Boulevard, south of LPGA Boulevard. The apartment development is...

LGI Homes Opens a New Community North of Houston, Pinewood Trails

The Sabine plan at Pinewood Trails by LGI Homes LGI Homes at Pinewood Trails offers new, move-in ready homes and family-friendly amenities in Cleveland, Texas. Pricing begins in the $190s. CLEVELAND, Texas, Nov. 19, 2020 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (Nasdaq:LGIH) today announced the opening of a new home community in the greater Houston...

Crosswind Renewable Energy Corp. Announces Filing of Quarterly Report for the Third Quarter of 2020

AVENTURA, Fla., Nov. 18, 2020 (GLOBE NEWSWIRE) -- Crosswind Renewable Energy Corp. dba Community Redevelopment (OTC Pink: CWNR) ("Community Redevelopment" or "the Company"), a community oriented real estate redeveloper targeting economic growth and opportunity zones in secondary and tertiary markets, today announced that on November 16, 2020 it filed its quarterly report for the quarter ended September...

Form I-829 Petitions Now Filed in All 21 New York City Regional Center EB-5 Offerings

New York, NY, Nov. 18, 2020 (GLOBE NEWSWIRE) -- The New York City Regional Center (“NYCRC”) is pleased to announce that Form I-829 petitions have now been filed in all 21 NYCRC EB-5 offerings. The new jobs created from qualified construction expenditures in each of the 21 offerings met the requisite job creation totals necessary for EB-5 investors to remove the conditions on their permanent residency...

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