Park Hotels & Resorts Inc. (PK) today announced that it has successfully amended and restated its existing $901 million revolving credit facility to increase total capacity to $950 million, extend the maturity from December 2023 to December 2026, and release all collateral securing the credit facility consisting of pledges of equity interests in Park-affiliated entities owning certain unencumbered a...
Sun Communities, Inc. (SUI) , a real estate investment trust that owns and operates, or has an interest in, manufactured housing communities, recreational vehicle resorts and marinas, today announced the dates for its fourth quarter 2022 earnings release and conference call. The Company will release its fourth quarter operating results on Wednesday, February 22, 2023, after markets close.
Sun Communities (SUI), Inc. , a real estate investment trust that owns and operates, or has an interest in, manufactured housing communities, recreational vehicle resorts and marinas, today announced its Board of Directors declared a quarterly distribution of $0.88 per share of common stock for the fourth quarter of 2022.
Thor Equities Group, a global leader in urban real estate development, leasing and management, is pleased to announce the acquisition of an 83,227 square foot industrial asset in the West Inland Empire, California for $30.25M. This latest acquisition represents the third industrial acquisition in the Greater Los Angeles region for Thor.
More of the largest metropolitan areas posted monthly declines in rent, further proof that the rental crisis is easing across the nation, according to researchers at Florida Atlantic University and two other schools. In October, 70 housing markets had smaller average rental rates, up from 38 in September.
Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing the 30-year fixed-rate mortgage averaged 6.49 percent. Mortgage rates continued to drop this week as optimism grows around the prospect that the Federal Reserve will slow its pace of rate hikes, said Sam Khater, Freddie Macs Chief Economist.
PIMCO, one of the worlds premier fixed income investment managers, has announced the launch of the PIMCO Flexible Real Estate Income Fund, the firms first real-estate-focused interval fund that will invest in public and private markets by seeking to harness the expertise and resources of PIMCOs $190 billion commercial real estate platform.
Novack and Macey LLP is pleased to announce that eight attorneys have been included in the 2023 Best Lawyers in America and Ones to Watch lists, and Donald A. Tarkington has been named Best Lawyers® 2023 Real Estate Litigation "Lawyer of the Year" in Chicago. Since first being published in 1983, Best Lawyers® has become universally regarded as the definitive guide to legal excellence.
CHICAGO and ST. THOMAS, U.S. Virgin Islands, Dec. 01, 2022 -- Geography, sovereignty, and differing laws and tax codes present a multitude of challenges for people looking to buy or sell homes throughout the Caribbean.
Monarch Private Capital, a nationally recognized ESG investment firm that develops, finances and manages a diversified portfolio of projects that generate both federal and state tax credits, is pleased to announce the financial closing of low-income housing tax credit equity for a $30 million affordable housing development called the Cornerstone Apartments in Yukon, Oklahoma.
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