Bay Point Media, LLC has provided a $20.0 million loan to Athena Studios to finance the construction of a new state-of-the-art studio development in Athens, GA. The 45-acre studio will feature over 200,000 square feet of purpose-built space for film and television productions. Bay Point was represented by Troutman Pepper LLP on the transaction.
* E-commerce fuels warehouse building boom near Los Angeles. * Truck traffic, loss of open land angers local residents. * Industry backers cite job creation, economic benefits. By Avi Asher -Schapiro.
Sila Realty Trust, Inc., a public, non-traded real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of an inpatient rehabilitation facility located in Escondido, California from Harrison Street, one of the leading investment management firms focused on alternative real estate assets, for $63.4 million.
NuGene International, Inc./Livento Group, Inc. today announced it will participate in the upcoming Proactive One2One Investor Forum taking place virtually on August 9, 2022.
Cenlar FSB, the nations leading mortgage loan subservicer and federally chartered wholesale bank, announced that Dave Applegate has been appointed Chairman of the Board of Directors. Dave, who has been a member of the board since 2020, has more than 30 years of experience in residential real estate, mortgage banking and housing finance.
Primaris Real Estate Investment Trust announced today that its Board of Trustees has declared a distribution of $0.0667 per unit for the month of August, 2022, representing $0.80 per unit on an annualized basis. About Primaris REIT Primaris REIT is Canadas only enclosed shopping centre focused REIT, with ownership interests primarily in dominant enclosed shopping centres in growing markets.
SEBRING, Fla. U-Haul Moving & Storage of Sebring began operations on July 19 and is now offering self-storage with extended-hours access. The property currently houses 575 rental units.
MISSION, Kan. With more people living their every day, working lives at home, many homeowners are discovering the contentment that comes with slowing down. Nostalgia serves as an emotional tool that delivers deep-rooted serenity and powerful healing properties.
These five real estate investment trusts currently pay 6% dividend yields to their investors. Bridge Investment Group Holdings Inc. is paying investors a 6.11% dividend. Morgan Stanley in July maintained its overweight rating for Bridge Investment and lowered the price target from $26 to $21, a 19% drop. EPR Properties is paying a 6.13% dividend. Global Medical REIT Inc. pays a 6.9% dividend.
Truitt House, located in downtown Suffolk's Historic District just off Main Street, goes to the auction block Friday August 19 at 11 am. NAPLES, Fla. Going to the auction block August 19 is the Truitt House, an 8,500 sq-ft mansion built in 1909 for wealthy lumber businessman George W. Truitt and restored over a decade ago by its current owner who recently converted it into a bed and breakfast.
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