Wheeler Real Estate Investment Trust, Inc. Announces Extension of Exchange Offer and Consent Solicitation

December 23, 2022 8:10 AM

VIRGINIA BEACH, VA / ACCESSWIRE / December 23, 2022 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company") today announced the extension of its previously announced offer to exchange (the "Exchange Offer") any and all outstanding shares of the Company's Series D Cumulative Convertible Preferred Stock (the "Series D Preferred Stock") for 6.00% Subordinated Notes due 2027, to be newly issued by the Company, and the...

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Nobility Homes, Inc. Announces Sales and Earnings for its Fiscal Year 2022

December 22, 2022 11:55 AM

OCALA, FL / ACCESSWIRE / December 22, 2022 / Today Nobility Homes, Inc. (OTCQX:NOBH) announced sales and earnings results for its fiscal year ended November 5, 2022. Sales for fiscal year 2022 increased 14% to $51.5 million as compared to $45.1 million recorded in fiscal year 2021. Income from operations for fiscal year 2022 increased 37% to $8.4 million versus $6.1 million in the same period a year ago. Net income after taxes increased 34% to...

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Gladstone Commercial Announces Industrial Acquisition in Greenville, South Carolina

December 21, 2022 4:05 PM

MCLEAN, VA / ACCESSWIRE / December 21, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") has acquired a 65,000 square foot industrial manufacturing facility in Greenville, South Carolina, at a weighted GAAP capitalization rate of 9.0%.The property was acquired in a long-term sale/leaseback transaction with a 12 year absolute NNN lease. The property is 100% leased to a specialty chemical producer. The mission critical...

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Greystone Places $22.5 Million in Regional Bank Financing for Seniors Housing Community

December 21, 2022 11:50 AM

NEW YORK, NY / ACCESSWIRE / December 21, 2022 / Greystone, a leading national commercial real estate finance company, placed a $22,500,000 regional bank loan for the refinance of TREEO South Ogden, a seniors housing community in Utah. Tyler Armstrong, Managing Director at Greystone, worked with the client in placing the bank loan for Leisure Care.The regional bank loan for the 143-unit independent living community was executed as a floating rate...

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Greystone Provides $18.6 Million Freddie Mac Loan for Multifamily Property in Missouri

December 21, 2022 11:35 AM

NEW YORK, NY / ACCESSWIRE / December 21, 2022 / Greystone, a leading national commercial real estate finance company, has closed a $18,573,000 permanent Freddie Mac loan to acquire a 200+ unit multifamily community outside of Kansas City, MO. The loan was originated by Adam Lipkin, Vice President in Greystone's New York office.Originally built in the 1980s, the property is a garden-style apartment community that offers one- and two-bedroom...

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Greystone Places $30 Million in Bank Financing for Senior Housing Community in Lake Waco, TX

December 20, 2022 12:10 PM

NEW YORK, NY / ACCESSWIRE / December 20, 2022 / Greystone, a leading national commercial real estate finance company, placed a $30,000,000 loan from a national bank for the refinance of The Delaney at Lake Waco, located in Texas. Tyler Armstrong, Managing Director at Greystone, worked with the client in placing the bank loan for LCS, the parent company of Life Care Services.The national bank loan for the 169-unit independent living, assisted...

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Greystone Provides $40 Million in Fannie Mae DUS Financing for Seniors Housing Community in League City, TX

December 20, 2022 12:00 PM

NEW YORK, NY / ACCESSWIRE / December 20, 2022 / Greystone, a leading national commercial real estate finance company, provided a $40,387,000 Fannie Mae DUS loan for the refinance of The Delaney at South Shore, located in League City, TX. Tyler Armstrong, Managing Director at Greystone, originated the Fannie Mae loan for LCS, parent company of Life Care Services.The Fannie Mae loan for the 204-unit community was executed as fixed-rate,...

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Rayonier 2021 Sustainability Report: Real Estate

December 19, 2022 12:10 PM

NORTHAMTON, MA / ACCESSWIRE / December 19, 2022 / One of the biggest threats to global forest resources is ongoing urbanization. While we conduct limited real estate development activities within a very select subset of our lands-such as our Wildlight development project north of Jacksonville, Florida, and our Heartwood development project south of Savannah, Georgia-our longstanding commitment to environmental stewardship does not change when we...

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Presidio Property Trust Announces Series D Preferred Stock Cash Dividend

December 19, 2022 8:30 AM

SAN DIEGO, CA / ACCESSWIRE / December 19, 2022 / (NASDAQ:SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. ("Presidio" or the "Company"), an internally managed, diversified real estate investment trust ("REIT"), today announced that its Board of Directors has authorized, and the Company has declared, a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the "Series D Preferred Stock") for the month of December...

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Rayonier 2021 Sustainability Report: Water Quality

December 16, 2022 10:15 AM

NORTHAMPTON, MA / ACCESSWIRE / December 16, 2022 / Working forests and their associated watersheds play a critical role in capturing and filtering water used by people, communities, and wildlife.We adhere to all regulatory requirements and deploy best management practices to protect the water quality in our forests, which is essential to the long-term sustainability of our forests and the welfare of the communities they support. Rayonier has...

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StarPoint Properties Announces the Acquisition of 401 E. Irvington Rd in Tucson, AZ

December 15, 2022 6:00 AM

TUSCON, AZ / ACCESSWIRE / December 15, 2022 / StarPoint Properties is pleased to announce the acquisition of 401 E. Irvington Rd in Tucson, AZ ("Irvington Property"). The industrial property sale was structured as a leaseback to Destech Corporation, a long time manufacturer of specialized displacement plugs used for making drill bits in the oil and gas industry. Located near the airport in an infill pocket, the property allows easy access to...

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Gladstone Commercial Corporation Announces Sale of Two-Story Office Building Located in Allen, Texas

December 14, 2022 4:15 PM

MCLEAN, VA / ACCESSWIRE / December 14, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced today that it closed on the sale of its two-story office building located in Allen, Texas on December 8, 2022."We are quite pleased to have been able to execute this transaction in a challenging environment. This transaction will allow us to continue to re-deploy capital into the industrial sector, consistent with our...

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Teacup Tiny Homes Reinvents the American Dream with Design-Savvy Tiny Homes

December 14, 2022 2:15 PM

LETHBRIDGE, AB / ACCESSWIRE / December 14, 2022 / Teacup Tiny Homes has reinvented the American dream with its take on the compact home. The company specializes in the design and production of customized tiny houses that do not make any compromises in terms of design or function.Due to the rising cost of living and fears of a looming recession, more than half of American adults have given up on the American dream that hard work leads to success...

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Rayonier Joins Timber Companies and Conservation Organizations To Fight the Spread of Chronic Wasting Disease (CWD)

December 14, 2022 2:15 PM

NORTHAMPTON, MA / ACCESSWIRE / December 14, 2022 / Seven timber companies and four conservation organizations are joining together to fight the spread of chronic wasting disease (CWD) among deer, elk, and other species of the deer family (known as "cervids"). The new CWD coalition will promote practices that help discover, manage, and mitigate the negative impacts of CWD. The Coalition includes the Forest Investment Associates, Molpus...

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Paul Carassone is Teaching the New Generation of Real Estate Entrepreneurs Based on What He Learned from Decades of Experience

December 13, 2022 3:00 PM

NEW YORK, NY / ACCESSWIRE / December 13, 2022 / Real estate is a great career for many people who want to become entrepreneurs in their own right. However, many people think that just by joining the real estate world that they will make it big, but that is often not the case. This is where someone like Paul Carassone comes in!Photo Credit: Four-ShadowPaul has known that real estate was his calling since a young age. He never deviated from the...

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Rayonier Awards Grants to 47 Nonprofit Organizations in Nassau County

December 12, 2022 9:25 AM

WILDLIGHT, FL / ACCESSWIRE / December 12, 2022 / Rayonier is pleased to announce that $138,000 has been awarded to 47 local nonprofit organizations across Nassau County. Recipients of the grants were recognized at a special awards breakfast held at the FSCJ Betty P. Cook Nassau Center.The recipients will use the funds to address a range of community needs, including civic, cultural, educational, environmental, natural resources, and health and...

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Presidio Property Trust Announces New Denver Lease

December 12, 2022 8:30 AM

SAN DIEGO, CA / ACCESSWIRE / December 12, 2022 / (NASDAQ:SQFT;SQFTP) Presidio Property Trust, Inc. ("Presidio" or the "Company"), an internally managed, diversified real estate investment trust ("REIT"), today announced that it has entered into a lease agreement with Axia Energy II, LLC to occupy 9,928 square feet at its Shea Center II office building in Highlands Ranch, Colorado."We thank Axia for choosing Presidio's Shea Center II property as...

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Gladstone Commercial Corporation Announces Share Repurchase Authorization

December 12, 2022 8:30 AM

MCLEAN, VA / ACCESSWIRE / December 12, 2022 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") announced that its board of directors has authorized a share repurchase program for up to $20,000,000 of each of the Company's 6.625% Series E Cumulative Redeemable Preferred Stock and 6.00% Series G Cumulative Redeemable Preferred Stock. The repurchases are intended to be implemented through open market transactions on U.S. exchanges or...

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New Report Shows Lake Home & Lot Listings Drop 10% From Fall But Up 7.7% From Last Winter

December 8, 2022 11:55 AM

HOOVER, AL / ACCESSWIRE / December 8, 2022 / With colder weather and holiday planning, the winter season is typically slower for lake real estate. This winter appears to be a bit busier than last winter. A new lake real estate report has been released showing the number of lake home and lot listings on LakeHomes.com in winter 2022/23 are up 7.71% over the same report last winter.The new Winter 2022-23 Lake Real Estate Market Report from Lake...

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Rayonier Honored by Women Executive Leadership for Advancing Gender Diversity in the Boardroom

December 7, 2022 5:45 PM

WILDLIGHT, FL / ACCESSWIRE / December 7, 2022 / Rayonier Inc. (NYSE:RYN) has been recognized for accelerating the advancement of gender diversity in the boardroom by Women Executive Leadership (WEL), a nonprofit organization that advocates, educates and connects accomplished executive women. The Elevate Award salutes public companies that have added female board members since WEL's 2017 Census. Rayonier added its first female director to its...

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