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Explore the latest in the real estate market through our newsroom, featuring breaking news, industry trends, and market insights. From commercial developments to residential investments, stay informed on the stories shaping the real estate landscape.

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Global Forces and Economic Changes Will Drive Demand for U.S. Real Estate for Years to Come
Real EstateCompany Update

Global Forces and Economic Changes Will Drive Demand for U.S. Real Estate for Years to Come

September 27, 2022 12:50 PM

Site Selection Services and Industrial Real Estate Property to Benefit the Most, Reports NAI GlobalNEW YORK, NY / ACCESSWIRE / September 27, 2022 / Supply-chain disruption spurred on by the pandemic and geo-political upheaval are creating demand for commercial real estate site selection work and industrial real estate facilities like never before, says a group of NAI Global professionals who specialize in these sectors."We're not forecasting the...

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Gladstone Commercial Announces Industrial Acquisitions in Jacksonville, FL and Fort Payne, AL
Real EstateMergers and Acquisitions

Gladstone Commercial Announces Industrial Acquisitions in Jacksonville, FL and Fort Payne, AL

September 22, 2022 4:30 PM

MCLEAN, VA / ACCESSWIRE / September 22, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) has acquired two industrial assets, totaling 116,706 square feet, in Jacksonville, Florida and Fort Payne, Alabama, for a total purchase price of $13.6 million at a weighted GAAP capitalization rate of 7.45%.The Jacksonville, Florida asset was acquired in a sale/leaseback transaction with twenty years of remaining absolute NNN term. The Fort Payne,...

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TRIA Names Marilyn Shen Managing Principal
Real EstateCompany Update

TRIA Names Marilyn Shen Managing Principal

September 22, 2022 1:15 PM

Founding partners Sherwood Butler and Jeannie Thacker move into strategic rolesBOSTON, MA / ACCESSWIRE / September 22, 2022 / TRIA, a principal-led architecture firm with a focus on designing bespoke research-based workplaces for life sciences and technology clients, announced today that Marilyn Shen has been promoted to Managing Principal. Moving forward, founding partner Sherwood Butler will serve as CEO & President and founding partner...

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Optima Living Communities Make a Positive Impact on National Food Bank Day
Real EstateCompany Update

Optima Living Communities Make a Positive Impact on National Food Bank Day

September 22, 2022 9:00 AM

VANCOUVER, BC and EDMONTON, AB / ACCESSWIRE / September 22, 2022 / Optima Living communities across Western Canada joined forces on National Food Bank Day on September 2nd to gather donations for local food banks and charities, raising a cumulative 5,952 pounds of food (equivalent to 7,150 meals). This is a 713% increase over last year.Optima Living highly values community integration and promotes residences as community hubs. This company-wide...

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Gladstone Capital Announces Investment in Salt & Straw, LLC
Real EstateCompany Update

Gladstone Capital Announces Investment in Salt & Straw, LLC

September 22, 2022 8:30 AM

MCLEAN, VA / ACCESSWIRE / September 22, 2022 / Gladstone Capital Corporation (NASDAQ:GLAD) ("Gladstone Capital") announced that it has completed a debt investment in support of Enlightened Hospitality Investments and KarpReilly, LLC's investment in Salt & Straw, LLC ("Salt & Straw" or the "Company"). Gladstone Capital's funding will help the Company add locations across the U.S. and continue the strong growth trajectory of its delivery...

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Optima Living and Axium Infrastructure Acquire nearly 1100 beds in Eight Seniors' Communities in Alberta and British Columbia
Real EstateMergers and Acquisitions

Optima Living and Axium Infrastructure Acquire nearly 1100 beds in Eight Seniors' Communities in Alberta and British Columbia

September 20, 2022 9:00 AM

VANCOUVER, BC and EDMONTON, AB / ACCESSWIRE / September 20, 2022 / Optima Living and joint venture partner Axium Infrastructure today announced they have acquired eight seniors' supportive living communities from H&H Total Care in Alberta and B.C. known as the Hamlets. Optima will retain the Hamlets brand and looks forward to welcoming all employees and residents to the Optima family."Axium is pleased to partner on this milestone transaction...

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Presidio Property Trust Announces Series D Preferred Stock Cash Dividend
Real EstateDividends

Presidio Property Trust Announces Series D Preferred Stock Cash Dividend

September 20, 2022 8:30 AM

SAN DIEGO, CA / ACCESSWIRE / September 20, 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 September...

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Nobility Homes, Inc. Announces Sales and Earnings for Its Third Quarter 2022
Real EstateEarnings

Nobility Homes, Inc. Announces Sales and Earnings for Its Third Quarter 2022

September 16, 2022 10:00 AM

OCALA, FL / ACCESSWIRE / September 16, 2022 / Today Nobility Homes, Inc. (OTCQX:NOBH) announced sales and earnings for its third quarter ended August 6, 2022. Sales for the third quarter of 2022 were up 18% to $13.8 million as compared to $11.8 million recorded in the third quarter of 2021. Income from operations for the third quarter of 2022 was $2.2 million versus $1.2 million in the same period a year ago. Net income after taxes was $1.9...

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Presidio Property Trust Announces Update of Share Repurchase Program
Real EstateCompany Update

Presidio Property Trust Announces Update of Share Repurchase Program

September 16, 2022 8:30 AM

SAN DIEGO, CA / ACCESSWIRE / September 16, 2022 / (NASDAQ:SQFT)(NASDAQ:SQFTP) 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 approved a share repurchase plan authorizing the Company to repurchase up to $10 million in total of both its outstanding shares of Series A Common Stock and its Series D Preferred Stock....

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Abode Begins Operations with First NFT Drop of Fractional Ownership in Premier Villa Project in the Dominican Republic
Real EstateCompany Update

Abode Begins Operations with First NFT Drop of Fractional Ownership in Premier Villa Project in the Dominican Republic

September 15, 2022 8:00 AM

NEW YORK, NY / ACCESSWIRE / September 15, 2022 / Abode Stays, Inc. an exotic vacation property owner and operator drops its first fractional ownership NFT for high-end Vacation Villa project in the Dominican Republic for investors and buyers in general."Abode pre-launches today with (https://abodestays.io) an NFT drop of fractional ownership in our Infinity View Villas project in Santo Domingo, Dominican Republic. Each NFT will represent a...

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Wonderful Company Inks Million Square Foot Lease With Fortune 500 Food Manufacturer at Wonderful Industrial Park
Real EstatePartnerships

Wonderful Company Inks Million Square Foot Lease With Fortune 500 Food Manufacturer at Wonderful Industrial Park

September 14, 2022 8:00 AM

SHAFTER, CA / ACCESSWIRE / September 14, 2022 / Wonderful Real Estate Development, one of the most active industrial real estate developers on the West Coast, has leased its most recent 1 million-square-foot speculative building to a prominent Fortune 500 American food manufacturer. The building is located at 3800 Fanucchi Way and features 1,063,000 square feet, 40 feet of clear height, 215-dock high doors, and parking expandable to 1,000 stalls...

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US Lighting Group Subsidiary, Futuro Houses(TM), LLC Starts Manufacturing 21st Century Version of Iconic 1960s
Real EstateCompany Update

US Lighting Group Subsidiary, Futuro Houses(TM), LLC Starts Manufacturing 21st Century Version of Iconic 1960s "UFO Houses"

September 12, 2022 8:00 AM

The Prefab UFO-Inspired Houses Are FULLY LOADED With Kitchen, Dining Area, Two Bedrooms With Bath, Plus Water Collection And Energy Systems Making It A Truly Self-Sufficient Off-Grid Living SpaceEUCLID, OH / ACCESSWIRE / September 12, 2022 // Futuro Houses, LLC, a wholly-owned subsidiary of US Lighting Group, Inc. (OTC:USLG), today announced it has received the tooling necessary for its UFO-inspired house, paving the way for the manufacture of...

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Mongolia Growth Group Announces AGM Results
Real EstateCompany Update

Mongolia Growth Group Announces AGM Results

September 8, 2022 8:00 AM

TORONTO, ON / ACCESSWIRE / September 8, 2022 / Mongolia Growth Group Ltd. (TSXV:YAK)(OTC PINK:MNGGF) ("MGG") or ("the Company") a commercial real estate investment company participating in the Mongolian economy, announces the passage of all resolutions and the election of all nominated directors (Nick Cousyn, Jim Dwyer, Brad Farquhar, Harris Kupperman and Robert Scott) at the Company's Annual General Meeting held on September 7, 2022.For further...

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Real Estate Developer, Michael J. Newell, Applies a
Real EstateCompany Update

Real Estate Developer, Michael J. Newell, Applies a "Win-Win" Approach to Business, Creating Affordable Housing for Everyday Americans

September 7, 2022 3:40 PM

BOCA RATON, FL / ACCESSWIRE / September 7, 2022 / If a CEO can carefully harness his team's individual strengths, this will effectively catapult the team ahead in rapid time. Businesses often forget that their employees, even vendors, are all important in its success, but not Michael J. Newell. Newell has applied a "team mentality" strategy at Standard Land Development and M.J. Newell Homes. As a result, both businesses have experienced enormous...

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New Report Shows Lake Home & Lot Listings Nationally Jump $7 Billion Since Summer & $17 Billion Since Spring
Real EstateCompany Update

New Report Shows Lake Home & Lot Listings Nationally Jump $7 Billion Since Summer & $17 Billion Since Spring

September 6, 2022 6:50 PM

HOOVER, AL / ACCESSWIRE / September 6, 2022 / With Labor Day behind us and fall just a few weeks away, lake homes and lot listings continue to soar across the country. Lake real estate listings of property for sale have increased by $7.3 billion since May and $17.7 billion since February. In addition, Lake real estate listings in Texas and Minnesota surged by more than $1.5 billion since May, according to a new report issued today by Lake Homes...

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Presidio Property Trust Declares Third-Quarter 2022 Dividend and Adopts Variable Dividend Policy
Real EstateDividends

Presidio Property Trust Declares Third-Quarter 2022 Dividend and Adopts Variable Dividend Policy

September 2, 2022 4:05 PM

SAN DIEGO, CA / ACCESSWIRE / September 2, 2022 / (NASDAQ:SQFT; SQFTP) 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 declared a cash dividend of $0.02 per share on its Series A Common Stock for the third quarter of 2022.The dividend will be payable on September 30, 2022, to all stockholders of record as of the...

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Gladstone Capital Corporation Partners with Burlington Capital Partners in connection with Acquisition of Sokol & Company
Real EstatePartnerships

Gladstone Capital Corporation Partners with Burlington Capital Partners in connection with Acquisition of Sokol & Company

September 1, 2022 4:15 PM

MCLEAN, VA / ACCESSWIRE / September 1, 2022 / Gladstone Capital Corporation (NASDAQ:GLAD) ("Gladstone Capital") is pleased to partner with private equity firm Burlington Capital Partners ("BCP"), an investor in lower middle-market food and manufacturing businesses, in BCP's acquisition of Sokol & Company ("Sokol"). The transaction was completed in partnership with Sokol's management.Founded in 1895 and headquartered in Countryside, Illinois,...

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Gladstone Commercial Provides a Business Update
Real EstateCompany Update

Gladstone Commercial Provides a Business Update

September 1, 2022 4:15 PM

MCLEAN, VA / ACCESSWIRE / September 1, 2022 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("we" or "Gladstone Commercial") is a real estate investment trust ("REIT") focused on acquiring, owning and operating net leased industrial and office properties across the United States. We are providing the following business update regarding our portfolio performance during a time of market volatility.We amended, extended and upsized our syndicated...

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Jefferson School District and Tracy Hills Announce Groundbreaking of New K-8 Elementary School at Tracy Hills
Real EstateCompany Update

Jefferson School District and Tracy Hills Announce Groundbreaking of New K-8 Elementary School at Tracy Hills

September 1, 2022 9:00 AM

Anticipated to open in 2024, Corral Hollow Elementary School will serve approximately 900 studentsTRACY, CA / ACCESSWIRE / September 1, 2022 / Jefferson School District and Tracy Hills, an 1,850-acre resort-style master-planned community, today announced the groundbreaking of Corral Hollow Elementary School, the newest addition to the Jefferson School District and the first school built in Tracy since 2008.The new open-air campus will be...

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Clear Capital Announces ClearInsight+ to Support Freddie Mac's ACE+ PDR Solution
Real EstateProduct Announcements

Clear Capital Announces ClearInsight+ to Support Freddie Mac's ACE+ PDR Solution

August 31, 2022 9:00 AM

Set of Products Includes Property Data Report and Completion Report, Which Is Backed by a Nationwide Network of Trained Real Estate Agents and Brokers.RENO, NV / ACCESSWIRE / August 31, 2022 / Clear Capital®, a national real estate valuation technology company, has announced the launch of ClearInsight+, a technology-enabled set of valuation products to support Freddie Mac's ACE+ PDR (automated collateral evaluation plus property data...

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