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Corporate Responsibility Governance
Real EstateEnvironmental, Social and Governance

Corporate Responsibility Governance

June 21, 2024 10:10 AM

NORTHAMPTON, MA / ACCESSWIRE / June 21, 2024 / PotlatchDeltic:The Vice President, Public Affairs and Chief Sustainability Officer provides senior leadership on PotlatchDeltic's corporate responsibility reporting and initiatives. Updates are provided to the Board of Directors at least twice a year regarding corporate responsibility strategies, initiatives, and analysis, including climate risks and opportunities. The Board oversees...

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The House Designers Launches Refreshed Site Design for 2024
Real EstateCompany Update

The House Designers Launches Refreshed Site Design for 2024

June 21, 2024 8:30 AM

Online house plan retailer The House Designers looks a little different these days. Freshly redesigned with a new color scheme and consumer experience in mind, their updated site is ready to cater to builders and homeowners planning to break ground in 2024 and beyond. "We still feature the highest quality house plans from the best residential architects and designers in the industry, and our commitment to stellar customer service remains...

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Walter Soriano Provides Crucial Insights for American Investors on the UK Property Market Ahead of the General Election
Real EstateCompany Update

Walter Soriano Provides Crucial Insights for American Investors on the UK Property Market Ahead of the General Election

June 21, 2024 3:40 AM

Walter Soriano, CEO of WSLM, a premier property specialist firm in high-value property renovation and management, highlights the potential impacts of the upcoming UK general election on the property market, providing critical insights for American investors. With the election scheduled for July 4, 2024, the UK property market is at a pivotal juncture. Economic and Political ContextPrime Minister Rishi Sunak's call for an early general election...

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Presidio Property Trust Announces Pricing of $1.74 Million Public Offering of Series D Preferred Stock
Real EstateFinancing

Presidio Property Trust Announces Pricing of $1.74 Million Public Offering of Series D Preferred Stock

June 20, 2024 7:40 PM

(NASDAQ:SQFT) Presidio Property Trust, an internally managed, diversified real estate investment trust ("REIT"), today announced the pricing of its public offering of 109,054 shares of its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock par value $0.01 per share (the "Series D Preferred Stock") at a price to the public of $16.00 per share. Gross proceeds from the offering are expected to be approximately $1.74 million, before...

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Caravan Announces Board Change and Favourable Cost Decision Re Receivership Application Defeat
Real EstateCompany Update

Caravan Announces Board Change and Favourable Cost Decision Re Receivership Application Defeat

June 20, 2024 3:00 PM

Caravan Trailer Lodges of Alberta Ltd. (the "Company" or "Caravan") announces the appointment of Beverly McKenzie as a director of the Company. Ms. McKenzie is the daughter of Herb Styles and takes over as the Board nominee of Mr. Styles, who has resigned his position as a director and officer of the Company for health reasons. Mr. Calum Stewart, a current director of the Company, has also assumed the role of President of the Company.Beverly...

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Kingstone Announces 2024/2025 Catastrophe Reinsurance Treaty Savings of $6 Million
Real EstateCompany Update

Kingstone Announces 2024/2025 Catastrophe Reinsurance Treaty Savings of $6 Million

June 20, 2024 9:05 AM

Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced that its catastrophe reinsurance program for the period July 1, 2024 through June 30, 2025 has been finalized.Jennifer Gravelle, Chief Financial Officer at Kingstone, stated, "I am delighted to share that Kingstone has finalized its 2024/2025 catastrophe reinsurance placement. The Company...

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Sterling Organization Sells Roswell, GA Shopping Center
Real EstateCompany Update

Sterling Organization Sells Roswell, GA Shopping Center

June 19, 2024 11:00 AM

The property is currently anchored by a 28,809 square-foot Auto Zone, a 13,362 square-foot Dollar Tree and is shadow anchored by a 102,000 square-foot Home Depot.WEST PALM BEACH, FL / ACCESSWIRE / June 19, 2024 / Sterling Organization, a vertically integrated private equity real estate investment firm whose national platform is focused on investing in retail and LAST HOUR® consumer fulfillment and distribution real estate assets, has announced...

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The Michaels Organization Announces Leadership Change
Real EstateCompany Update

The Michaels Organization Announces Leadership Change

June 18, 2024 6:05 PM

CEO John O'Donnell Takes Leave of AbsenceCAMDEN, NJ / ACCESSWIRE / June 18, 2024 / The Michaels Organization, a national leader in residential real estate, today announced that our Chief Executive Officer, John J. O'Donnell, has taken a leave of absence. Mark Morgan, who has served Michaels for more than 35 years, most recently as Chief Operating Officer, has assumed the CEO role, effective immediately. Joe Purcell, our Chief Financial Officer...

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Kingstone Announces Addition of Thomas Newgarden to its Board of Directors
Real EstateCompany Update

Kingstone Announces Addition of Thomas Newgarden to its Board of Directors

June 18, 2024 4:05 PM

Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced the appointment of Thomas "Tom" Newgarden to its Board of Directors."We are pleased to announce the addition of Mr. Newgarden to our Board. His experience in insurance operations, particularly underwriting and product development, along with his knowledge of the Insurtech landscape, will be...

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Action Home Services has Announced the Top Deck Design Trends for 2024: Elevating Outdoor Spaces with Custom Wooden and Composite Decking Designs
Real EstateProduct Announcements

Action Home Services has Announced the Top Deck Design Trends for 2024: Elevating Outdoor Spaces with Custom Wooden and Composite Decking Designs

June 18, 2024 12:45 PM

Action Home Services is excited to detail the hottest deck design trends ready to take over outdoor living spaces in 2024. From new custom wooden and composite deck designs, each is sure to improve the function and appeal of any home. Seamless indoor-outdoor connections.Significant trends for 2024 create fluid transitions between indoor and outdoor spaces. This approach to design minimizes visual barriers, and decks become almost part of...

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Forbes Names CBRE a Net Zero Leader for Second Consecutive Year
Real EstateEnvironmental, Social and Governance

Forbes Names CBRE a Net Zero Leader for Second Consecutive Year

June 18, 2024 11:00 AM

CBREDALLAS, TX / ACCESSWIRE / June 18, 2024 / CBRE Group, Inc. (NYSE:CBRE) has been named to Forbes' Net Zero Leaders list for the second consecutive year. CBRE is the highest-ranked commercial real estate services company.Forbes ranked 100 U.S. companies that are best positioning themselves to reduce their greenhouse-gas emissions and achieve a net zero future. The analysis looked at each company's work to reduce its own carbon emissions as...

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Abbey Busch Joins The Starboard Group, Bringing Legacy of Excellence to South Florida Real Estate
Real EstateCompany Update

Abbey Busch Joins The Starboard Group, Bringing Legacy of Excellence to South Florida Real Estate

June 18, 2024 11:00 AM

Introducing Abbey Busch: The Scion of the Revered Busch Family Dynasty joins the Powerhouse South Florida Real Estate Brokerage Team- The Starboard GroupDELRAY BEACH, FL / ACCESSWIRE / June 18, 2024 / The Starboard Group, South Florida's premier real estate powerhouse, proudly announces the latest addition to its esteemed brokerage team, Abbey Busch. As the scion of the revered Busch Family Dynasty, Abbey brings with her a legacy of excellence...

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Sterling Logistics Properties Sells Tesla Location in Phoenix, AZ, for $12.551 Million
Real EstateCompany Update

Sterling Logistics Properties Sells Tesla Location in Phoenix, AZ, for $12.551 Million

June 18, 2024 11:00 AM

Sterling Logistics Properties acquired the 39,306-square-foot vacant property in September 2021 for $5.75 millionWEST PALM BEACH, FL / ACCESSWIRE / June 18, 2024 / Sterling Logistics Properties, a subsidiary of Sterling Organization which is a leading private equity real estate investment firm with a national platform focused on investing in LAST HOUR® consumer fulfillment, distribution and retail real estate assets, has sold 18808 North 32nd...

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Pathfinder Successfully Extends Debt Maturities
Real EstateCompany Update

Pathfinder Successfully Extends Debt Maturities

June 18, 2024 8:30 AM

Pathfinder Ventures Inc. (TSXV:RV) ("Pathfinder" or the "Company") is pleased to announce the successful completion of its proposal to extend the maturity of its Series 2021-07.CD10-A and 2021-07.CD10-B unsecured convertible debentures to March 1, 2026. The debentures, having an aggregate principal amount of $2,395,000, will continue to bear interest at 10% p.a., with a 2% annual renewal fee, and may be repaid at any time without penalty. The...

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FAVO Capital Engages Investment Bank EF Hutton As Lead Underwriter for Its Proposed Nasdaq Uplisting
Real EstateCompany Update

FAVO Capital Engages Investment Bank EF Hutton As Lead Underwriter for Its Proposed Nasdaq Uplisting

June 18, 2024 7:45 AM

FAVO Capital, Inc. (OTC PINK:FAVO), a leading provider of alternative financing solutions, is pleased to announce the engagement of EF Hutton to act as lead underwriter, deal manager and investment banker in preparation for the Company's proposed firm commitment public offering and application to the NASDAQ. EF Hutton, with its extensive experience and proven track record in investment banking, will provide investment banking services to FAVO...

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Make Space Storage Strengthens Ontario Presence with Acquisition of Goderich Self-Storage
Real EstateMergers and Acquisitions

Make Space Storage Strengthens Ontario Presence with Acquisition of Goderich Self-Storage

June 17, 2024 3:30 PM

Make Space Storage is pleased to announce the acquisition of Goderich Self Storage, comprising three highly accessible facilities in Goderich, Ontario. This acquisition marks another milestone in Make Space Storage's commitment to expanding its footprint and providing exceptional storage solutions in Ontario.These three facilities, located at 460 MacEwan Street, 570 Mooney Street, and 575 Mooney Street, collectively offer a rentable area of...

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Cresa Named a Best Place to Work in Boston Business Journal's Annual Awards
Real EstateAwards

Cresa Named a Best Place to Work in Boston Business Journal's Annual Awards

June 17, 2024 10:30 AM

The Boston office of Cresa, the world's largest tenant-focused commercial real estate firm, is proud to announce that it has once again been named one of the Best Places to Work by the Boston Business Journal (BBJ). Cresa was recognized in the small (50-99 employees) category and celebrated alongside fellow nominees at an awards event held on June 13th. As an eighteen-time recipient of this recognition, Cresa understands the importance of...

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Gladstone Commercial Corporation Executes 7-Year, 2-Month Lease at Industrial Property in Taylor, Pennsylvania
Real EstateCompany Update

Gladstone Commercial Corporation Executes 7-Year, 2-Month Lease at Industrial Property in Taylor, Pennsylvania

June 17, 2024 8:30 AM

Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that it has executed a 7-year, 2-month lease with Hub Group, Inc. ("Hub Group") at its 966,753 SF industrial building in Taylor, Pennsylvania, commencing July 1, 2024. The property was purchased by Gladstone Commercial in 2014.Hub Group (Nasdaq: HUBG) is a leading third-party logistics provider based in Oak Brook, Illinois. The company provides transportation and...

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Viking Capital Announces Closing of Latest 252 Unit Acquisition in Austin - San Antonio Corridor
Real EstateCompany Update

Viking Capital Announces Closing of Latest 252 Unit Acquisition in Austin - San Antonio Corridor

June 15, 2024 9:00 AM

Marks the 27th Acquisition in PortfolioAUSTIN, TX / ACCESSWIRE / June 15, 2024 / Viking Capital, a distinguished private equity firm renowned for its expertise in elevating multifamily properties, is thrilled to announce the successful culmination of its 27th acquisition - the highly coveted Villas at Sundance. This exceptional property, boasting 252 units, is strategically situated in the heart of the rapidly growing city of New Braunfels,...

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DLC Announces Recapitalization and Refinancing of Spring Creek and Steele Crossing Shopping Centers in Partnership With Cohen & Steers
Real EstateCompany Update

DLC Announces Recapitalization and Refinancing of Spring Creek and Steele Crossing Shopping Centers in Partnership With Cohen & Steers

June 14, 2024 11:00 AM

ELMSFORD, NY / ACCESSWIRE / June 14, 2024 / DLC, one of the nation's largest private owners and operators of open-air shopping centers, has completed the recapitalization and refinancing of two prime retail properties in Northwest Arkansas, Spring Creek and Steele Crossing. This transaction, in partnership with an affiliate of Cohen & Steers Capital Management, Inc. ("Cohen & Steers"), underscores DLC's commitment to driving exceptional returns...

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