The Real Brokerage Inc. (REAX), an international, technology-powered real estate brokerage, today announced that 24/7 Realty, based in San Diego, is joining its growing network of agents. 24/7 Realty started in 2019 as a team of four agents and has since grown to more than 200 agents. Our team is thrilled to be part of Reals strong and growing national network, says Troy Moritz, Owner of 24/7 Realty.
Lease terms include $4.2 million in annualized, straight-line rent and almost 12 years of weighted-average lease term New York City REIT, Inc. (NYC) announced today that it has executed one new lease and three lease renewals in its pure-play New York City portfolio. The leases we have recently signed continue the leasing momentum weve seen in recent quarters, said Michael Weil, CEO of NYC.
KBS, one of the largest investors in commercial real estate, has signed three new lease agreements totaling 24,568 square feet with national, regional and local tenants at Preston Commons, a 427,799 square-foot, Class A office park in Dallas, Texas. This press release features multimedia.
Two Harbors Investment Corp. (TWO/PA), an Agency + MSR mortgage real estate investment trust, today announced that its Board of Directors has authorized the repurchase of up to five million shares of the companys preferred stock, which includes its 8.125% Series A Cumulative Redeemable Preferred Stock, 7.625% Series B Cumulative Redeemable Preferred Stock and 7.25% Series C Cumulative Redeemable Prefer...
Two Harbors Investment Corp. (TWO/PA), an Agency + MSR mortgage real estate investment trust, today declared a dividend of $0.17 per share of common stock for the second quarter of 2022.
Longview Ranch, located along Central Oregons historic Route 19 in Kimberly, maintains 30,000 stunning acres of diverse landscape. Annually, Oregons Longview Ranch invests in the nearly 10,000 acres of forest, and this summer it will work through an additional 400-plus acres of timber to create a healthier forest.
Institutional Property Advisors, a division of Marcus & Millichap (MMI), announced the sale of Foothill Ridge, a 232-unit apartment asset in Upland, California. Foothill Ridge benefited from nearly $3 million in capital improvements in the last three years, with approximately two-thirds spent on property systems and common area improvements, said Alexander Garcia, Jr., IPA executive director.
KBRA assigns preliminary ratings to five classes of Tricon Residential 2022-SFR2 single-family rental pass-through certificates. TCN 2022-SFR2 is a single-borrower, single-family rental securitization that will be collateralized by a $379.0 million loan secured by first priority mortgages on 1,684 income-producing single-family homes.
Blue Vista Capital Management and StepStone Real Estate, the real estate arm of private markets investment firm StepStone Group (STEP), today announced a $90 million co-investment partnership to invest in purpose-built student housing.
Dine Brands long-term lease at 10 West marks a new era for historic Old Pasadena as its first office development in three decades LPC West, the West Coast arm of national real estate firm Lincoln Property Company, has signed the first tenant to its highly anticipated new Class A office building in Old Pasadena, delivering new headquarters for leading food and beverage company Dine Brands Global.
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