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Pacer Partners and Drake Real Estate Partners Enter into Joint Venture to Acquire Single-Tenant Industrial Properties on the I-95 Corridor from Boston to Baltimore
Real EstateCompany Update

Pacer Partners and Drake Real Estate Partners Enter into Joint Venture to Acquire Single-Tenant Industrial Properties on the I-95 Corridor from Boston to Baltimore

October 18, 2021 2:30 PM

COHASSET, MA / ACCESSWIRE / October 18, 2021 / A newly formed joint venture between Pacer Partners and Drake Real Estate Partners has acquired three single-tenant infill industrial assets as the seed investments of a larger roll up effort. The venture is targeting single tenant infill industrial properties along the I-95 corridor from Boston to Baltimore with individual purchase prices of less than $10 million. Pacer and Drake are looking to...

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Cal-Bay Launches New NFT Website
Real EstateCompany Update

Cal-Bay Launches New NFT Website

October 18, 2021 11:35 AM

HENDERSON, NV / ACCESSWIRE / October 18, 2021 / Cal-Bay International, Inc (OTC:CBYI) today announced the launch of the company's new NFT Website alongside the company's operations website.Cal-Bay CEO Luke Joseph Commented, "The launch of the innovative new NFT website is exciting and moreover demonstrates how Cal-Bay is fully committed to being in the NFT arena by creating smart partnerships & strategic investments in the NFT world"....

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The Landings Successfully Recertified as a Sustainable Community by Audubon International
Real EstateCompany Update

The Landings Successfully Recertified as a Sustainable Community by Audubon International

October 18, 2021 3:45 AM

SKIDAWAY ISLAND, GA / ACCESSWIRE / October 18, 2021 / Only 11 communities in the nation have attained the distinct honor of being designated a Certified Sustainable Community by Audubon International, a not-for-profit with a mission to create environmentally sustainable environments where people live, work and play. The Landings, a master-planned community located on a private island approximately 15 minutes from downtown Savannah, GA, has...

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Royal York Property Management: Technology that Is Changing How Properties Are Leased and Rented Worldwide
Real EstateCompany Update

Royal York Property Management: Technology that Is Changing How Properties Are Leased and Rented Worldwide

October 15, 2021 12:25 PM

TORONTO, ON / ACCESSWIRE / October 15, 2021 / The renting and leasing of properties goes back centuries, yet are today's problems in the industry really so different from then? Transparency between tenants and landlords can be an issue, as can the insecurities faced by owners because of defaulting tenants and the resulting eviction fees. Office hours make it harder to easily help tenants when there is an emergency in the middle of the night;...

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

CORRECTION: Presidio Property Trust Announces Series D Preferred Stock Cash Dividend

October 15, 2021 7:45 AM

SAN DIEGO, CA / ACCESSWIRE / October 15, 2021 / (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 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 October 2021. An...

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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

October 15, 2021 5:45 AM

SAN DIEGO, CA / ACCESSWIRE / October 15, 2021 / (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 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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Generation Income Properties Announces  Agreement for Pending UPREIT Transaction
Real EstateCompany Update

Generation Income Properties Announces Agreement for Pending UPREIT Transaction

October 14, 2021 4:45 PM

TAMPA, FL / ACCESSWIRE / October 14, 2021 / Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIP" or the "Company") announced the signing of a definitive Contribution and Subscription Agreement under which the Company will acquire a 2,600 SF single-tenant retail building in Tampa, Florida for total consideration of approximately $2.2 million. The building is occupied by Starbucks (NASDAQ:SBUX), which holds an investment grade credit rating of...

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FAVO Group, LLC as Manager of FAVO Capital, Inc. Appoints Vaughan Korte as New Chief Financial Officer
Real EstateCompany Update

FAVO Group, LLC as Manager of FAVO Capital, Inc. Appoints Vaughan Korte as New Chief Financial Officer

October 13, 2021 2:15 PM

WESTBURY, NY / ACCESSWIRE / October 13, 2021 / FAVO Capital (OTC Pink:FAVO) is pleased to announce the appointment of Vaughan Korte as its new Chief Financial Officer replacing Paul Norman.Mr. Korte is a Senior Finance Professional with over 17 years' experience within the retail and technology sectors. He most recently spent 10 years with Adidas in various roles and ended his time there as Senior Director of Finance for Middle East and North...

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Cal-Bay Engages PCAOB Auditing Firm
Real EstateCompany Update

Cal-Bay Engages PCAOB Auditing Firm

October 13, 2021 12:50 PM

HENDERSON, NV / ACCESSWIRE / October 13, 2021 / Cal-Bay International, Inc (OTC PINK:CBYI) today announced the company has engaged a PCAOB auditing firm for the purpose of up-listing the company to a fully reporting status (OTC:QB) on OTC Markets, with anticipated up-list in early 2022.Company CEO Luke Joseph made the announcement earlier today and commented "This is the first step in the company's long-term goals of being financially...

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Dream Homes & Development Corp. (OTCPK: DREM) retains Century 21 Action Plus Realty  as Preferred Real Estate Agent for Marketing and Sales
Real EstateCompany Update

Dream Homes & Development Corp. (OTCPK: DREM) retains Century 21 Action Plus Realty as Preferred Real Estate Agent for Marketing and Sales

October 13, 2021 9:15 AM

Company also signs term sheet to fund Berkeley Terrace 70-unit townhome projectFORKED RIVER, NJ / ACCESSWIRE / October 13, 2021 / Dream Homes & Development Corporation (OTC PINK:DREM) (also known as "DHDC"), announces that it has retained the #1 Century 21 firm in New Jersey, Action Plus Realty, to consult, market and sell its townhomes and single family homes. Additionally, DHDC signed a term sheet with Ocean First Bank for its planned...

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Kingstone Announces Estimated Third Quarter Catastrophe Losses And Schedules Third Quarter Investor Conference Call
Real EstateConference Call

Kingstone Announces Estimated Third Quarter Catastrophe Losses And Schedules Third Quarter Investor Conference Call

October 13, 2021 9:00 AM

KINGSTON, NY / ACCESSWIRE / October 13, 2021 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced that Kingstone Insurance Company ("KICO"), its wholly-owned subsidiary, estimates a range of net pre-tax catastrophe losses for the third quarter 2021 of $9.6 million to $12.6 million. Catastrophe losses for the quarter comprised 5 events (3...

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Gladstone Capital Announces Monthly Cash Distributions for October, November and December 2021 and Fiscal Year End Earnings Release and Conference Call Dates
Real EstateDividends

Gladstone Capital Announces Monthly Cash Distributions for October, November and December 2021 and Fiscal Year End Earnings Release and Conference Call Dates

October 12, 2021 4:10 PM

MCLEAN, VA / ACCESSWIRE / October 12, 2021 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for October, November and December 2021. The Company also announced its plan to report earnings for its fiscal year ended September 30, 2021.Common Stock: $0.065 per share of common stock for each of October, November and December 2021, payable per...

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Gladstone Land Announces Increase in Monthly Cash Distributions for October, November and December 2021 and Third Quarter Ended September 30, 2021, Earnings Release and Conference Call Dates
Real EstateDividends

Gladstone Land Announces Increase in Monthly Cash Distributions for October, November and December 2021 and Third Quarter Ended September 30, 2021, Earnings Release and Conference Call Dates

October 12, 2021 4:10 PM

MCLEAN, VA / ACCESSWIRE / October 12, 2021 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distributions for each of October, November and December 2021.Monthly Cash Distributions:Common Stock: $0.0452 per share of common stock for each of October, November and December 2021, payable per the table below:Summary of Common Stock Cash...

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Gladstone Commercial Corporation Announces Increase in Monthly Cash Distributions for October, November and December 2021 and Third Quarter Ended September 30, 2021 Earnings Release and Conference Call Dates
Real EstateConference Call

Gladstone Commercial Corporation Announces Increase in Monthly Cash Distributions for October, November and December 2021 and Third Quarter Ended September 30, 2021 Earnings Release and Conference Call Dates

October 12, 2021 4:10 PM

MCLEAN, VA / ACCESSWIRE / October 12, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of October, November and December 2021 and also announced its plan to report earnings for the third quarter ended September 30, 2021.Cash Distributions:Common Stock: $0.125275 cash distribution per common share for each of October, November and December...

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Gladstone Investment Announces Increased Monthly Cash Distributions for October, November, and December 2021, a Supplemental Distribution to Common Stockholders and Second Fiscal Quarter Earnings Release and Conference Call Dates
Real EstateDividends

Gladstone Investment Announces Increased Monthly Cash Distributions for October, November, and December 2021, a Supplemental Distribution to Common Stockholders and Second Fiscal Quarter Earnings Release and Conference Call Dates

October 12, 2021 4:10 PM

MCLEAN, VA / ACCESSWIRE / October 12, 2021 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors declared the following monthly cash distributions to common stockholders, increasing monthly distributions from $0.07 to $0.075 per share, or approximately 7%. The Company also announced its plan to report earnings for its second fiscal quarter ended September 30, 2021.The Company will also pay a...

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Gladstone Land Acquires Nut Orchard and Option to Purchase Stored Water in California
Real EstateCompany Update

Gladstone Land Acquires Nut Orchard and Option to Purchase Stored Water in California

October 12, 2021 8:30 AM

MCLEAN, VA / ACCESSWIRE / October 12, 2021 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land") announced that it has acquired 1,284 gross acres of farmland, including over 1,200 planted acres of pistachios and almonds (a portion of which is organic), located in Kern County, California, and 19,670 acre-feet of stored water (equal to approximately 6.4 billion gallons) located within the Semitropic Water Storage District water bank for a...

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Generation Income Properties Increases Board Expertise With New Director
Real EstateProduct Announcements

Generation Income Properties Increases Board Expertise With New Director

October 7, 2021 5:15 PM

TAMPA, FL / ACCESSWIRE / October 7, 2021 / Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIP" or the "Company") announced today the appointment of Gena Cheng as a new independent Director to its Board of Directors, effective immediately; Gena Cheng.Ms. Cheng has been managing director since August 2019 at Prospect Avenue Partners, a specialty capital raising and advisory platform focused on the private equity industry. Named to PERE's list...

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Billionaires Row Raises Funds for Making Strides Movement
Real EstateConferences

Billionaires Row Raises Funds for Making Strides Movement

October 7, 2021 12:25 PM

LA JOLLA, CA / ACCESSWIRE / October 7, 2021 / Billionaires Row founder, Gregg Whitney, believes in giving back to his community and is especially passionate about the upcoming Making Strides walk in San Diego. His wife, Lisa Marie Whitney, has battled stage four breast cancer for eight years. They both learned that this disease involves the entire family. That includes their two children, as well as the entire team at Billionaires Row.Names...

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Letter to Our Shareholders
Real EstateCompany Update

Letter to Our Shareholders

October 7, 2021 5:30 AM

NEW YORK, NY / ACCESSWIRE / October 7, 2021 / Metrospaces, Inc. (OTC PINK:MSPC) Issues Letter to Shareholders from CTO, Alejandro Laplana and CEO Oscar Brito.Dear Shareholders:As a part of our continuing commitment to engage our shareholders with clear and consistent communication, we wanted to provide you with an update on the most immediate innovations at Metrospaces in advance of the release of our upcoming unaudited financial...

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CIBC Bank USA Leads 6 Bank Syndicate; NADG NNN REIT Successfully Closes $202.5 Million Line of Credit
Real EstateCompany Update

CIBC Bank USA Leads 6 Bank Syndicate; NADG NNN REIT Successfully Closes $202.5 Million Line of Credit

October 6, 2021 2:20 PM

DALLAS, TX / ACCESSWIRE / October 6, 2021 / NADG NNN REIT, a private real estate investment trust, announced that it has successfully closed on a $202.5 million revolving credit facility. CIBC Bank USA served as Administrative Agent for the closing, which included a syndicate of 6 other banks. The proceeds from the credit facility will be used primarily to fund future acquisitions."This transaction represents a significant milestone for the NADG...

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