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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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Home Equity Borrowing Sees Spike in Popularity Among Canadians
Real EstateCompany Update

Home Equity Borrowing Sees Spike in Popularity Among Canadians

March 18, 2021 3:00 AM

TORONTO, ON / ACCESSWIRE / March 18, 2021 / Amid the ongoing COVID-19 pandemic, Canadians are increasingly turning to home equity loans for relief. Bolstering this rush is the fact that home equity loans are relatively easy to qualify for even as many other lenders (including credit card companies) strive to limit risk during this period of economic hardship. What is home equity borrowing? Home equity borrowing comes in many forms, all of...

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StarPoint Properties Acquires 6th Street Commerce Center
Real EstateCompany Update

StarPoint Properties Acquires 6th Street Commerce Center

March 17, 2021 6:13 AM

BEVERLY HILLS, CA / ACCESSWIRE / March 17, 2021 / StarPoint Properties, a real estate investment and operating company founded in 1995, announced it has purchased 6th St Commerce Center, a 9.82-acre industrial development site located in a Qualified Opportunity Zone ("QOZ") at 24712 6th Street, San Bernardino, CA. The proposed development comprises a 179,500 square foot distribution warehouse and is within proximity of two main...

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NY Real Estate Experts Zoom in on Brooklyn
Real EstateConferences

NY Real Estate Experts Zoom in on Brooklyn

March 16, 2021 12:30 PM

NEW YORK, NY / ACCESSWIRE / March 16, 2021 / Top Brooklyn real estate producers weighed in on the borough's residential market, noting record-high sales and what's driving the surge at a virtual panel March 11 hosted by the Hudson Gateway Association of Realtors, Inc. (HGAR) and OneKey™ MLS. Hundreds of industry professionals tuned in for "Getting the Deal Done: The New Brooklyn - Inner Intel on NYC's Booming...

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Gladstone Securities Expands Business with Appointment of Executive Vice President/National Sales Manager
Real EstateManagement Changes

Gladstone Securities Expands Business with Appointment of Executive Vice President/National Sales Manager

March 16, 2021 12:00 PM

MCLEAN, VA / ACCESSWIRE / March 16, 2021 / Gladstone Securities LLC (the "Company"), an affiliated broker dealer of The Gladstone Companies, that acts as dealer manager on alternative investment offerings for certain affiliated Gladstone funds, including Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land") and Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial"), has hired John Sabey as its...

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Presidio Property Trust Provides Update on Model Home Activity
Real EstateCompany Update

Presidio Property Trust Provides Update on Model Home Activity

March 16, 2021 9:00 AM

SAN DIEGO, CA / ACCESSWIRE / March 16, 2021 / Presidio Property Trust, Inc. (NASDAQ:SQFT), an internally managed, diversified real estate investment trust, announced today that, in February of 2021, through its affiliated entities, it sold 4 model homes, and has nine homes for sale currently in escrow. The average sales price per model home sold in February was approximately $480,000, and the average holding period was approximately three...

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Pacer Partners Forms Joint Venture With Institutional Investment Manager To Acquire Single Tenant Value-add Real Estate Across The U.S.
Real EstatePartnerships

Pacer Partners Forms Joint Venture With Institutional Investment Manager To Acquire Single Tenant Value-add Real Estate Across The U.S.

March 15, 2021 2:00 PM

COHASSET, MA / ACCESSWIRE / March 15, 2021 / Pacer Partners has formed a national single tenant investment program focused on value-add opportunities with a large investment manager with more than $25 billion in assets under management. The joint venture recently closed on its first investment, an approximately 500K square foot distribution facility in suburban Chicago. "This is a strategy we've had success with over the last five...

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Pacer Partners / Drake Real Estate Partners Sells 1.5 million SF Industrial Property in Greensboro, NC
Real EstateCompany Update

Pacer Partners / Drake Real Estate Partners Sells 1.5 million SF Industrial Property in Greensboro, NC

March 15, 2021 1:45 PM

GREENSBORO, NC / ACCESSWIRE / March 15, 2021 / A joint venture between Pacer Partners and Drake Real Estate Partners has sold a 1.5 million square foot industrial property in Greensboro, North Carolina to NFI Industries for $74,000,000 and a 5.4% cap rate. The property serves as a bulk distribution center for one of the largest home improvement retailers. The property was previously acquired by the joint venture in March 2019 for $44,750,000 and...

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Pacer Partners / Drake Real Estate Partners Sells 1.5 million SF Industrial Property in Greensboro, NC
Real EstateCompany Update

Pacer Partners / Drake Real Estate Partners Sells 1.5 million SF Industrial Property in Greensboro, NC

March 15, 2021 1:00 PM

GREENSBORO, NC / ACCESSWIRE / March 15, 2021 / A joint venture between Pacer Partners and Drake Real Estate Partners has sold a 1.5 million square foot industrial property in Greensboro, North Carolina to NFI Industries for $74,000,000 and a 5.4% cap rate. The property serves as a bulk distribution center for one of the largest home improvement retailers. The property was previously acquired by the joint venture in March 2019 for $44,750,000 and...

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Alset EHome International Completes Previously Announced Investments in Alset International, LiquidValue Development, True Partners Capital, and American Pacific Bancorp
Real EstateCompany Update

Alset EHome International Completes Previously Announced Investments in Alset International, LiquidValue Development, True Partners Capital, and American Pacific Bancorp

March 15, 2021 9:00 AM

BETHESDA, MD / ACCESSWIRE / March 15, 2021 / Alset EHome International Inc. (NASDAQ:AEI) (the "Company"), a diversified holding company principally engaged through its subsidiaries in EHome development and digital transformation technology, today announced that it has closed on its previously announced transactions, acquiring warrants to purchase shares in Alset International Limited ("Alset International"), and acquiring...

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Risen from the Ashes: How a 2008 $60M Family Bankruptcy Shaped the Future of Justin Brennan, One of La Jolla's Top Realtor Investors
Real EstateCompany Update

Risen from the Ashes: How a 2008 $60M Family Bankruptcy Shaped the Future of Justin Brennan, One of La Jolla's Top Realtor Investors

March 15, 2021 9:00 AM

LA JOLLA, CA / ACCESSWIRE / March 15, 2021 / When we interviewed Justin Brennan, he didn't really want to talk about the past. It's not easy to discuss failures, even if they're not really yours. But after a few moments getting comfortable learning about Justin, he began to open up and let us into why he thinks the way he does, and why his investment strategy is so methodical nowadays. Justin is no stranger to hard work. This luxury...

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Gladstone Land Acquires Blueberry Cooling and Storage Facilities in California
Real EstateMergers and Acquisitions

Gladstone Land Acquires Blueberry Cooling and Storage Facilities in California

March 15, 2021 8:25 AM

MCLEAN, VA / ACCESSWIRE / March 15, 2021 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced that it has acquired approximately 108,000 square feet of various cold storage and supporting facilities in Stockton, California. The facilities are primarily used for the cooling and storage of fresh organic and conventional blueberries. In connection with the acquisition, Gladstone Land entered...

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Generation Income Properties, Inc. Announces 2020 Year-End Financial Results
Real EstateEarnings

Generation Income Properties, Inc. Announces 2020 Year-End Financial Results

March 12, 2021 6:30 PM

TAMPA, FL / ACCESSWIRE / March 12, 2021 / Generation Income Properties, Inc. (OTCQB:GIPR) ("GIP" or the "Company") today announced its 2020 year-end results. Key Year End 2020 Operating and Financial Highlights: Revenues from operations increased approximately $1.8 million over the prior year to approximately $3.5 million Portfolio was 100% occupied throughout the year and all tenants paid contractual rents on...

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Nobility Homes, Inc. Announces Sales and Earnings for Its First Quarter 2021
Real EstateEarnings

Nobility Homes, Inc. Announces Sales and Earnings for Its First Quarter 2021

March 12, 2021 10:00 AM

OCALA, FL / ACCESSWIRE / March 12, 2021 / Today Nobility Homes, Inc. (OTCQX:NOBH) announced sales and earnings for its first quarter ended January 30, 2021. Sales for the first quarter of 2021 were $9,071,511 as compared to $9,443,852 recorded in the first quarter of 2020. Income from operations for the first quarter of 2021 was $1,224,066 versus $1,633,705 in the same period a year ago. Net income after taxes was $1,065,765 as compared to...

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NY Koen Group Announces That All Companies Operating Under Its Umbrella Are Now Accepting Cryptocurrencies Payment
Real EstateCompany Update

NY Koen Group Announces That All Companies Operating Under Its Umbrella Are Now Accepting Cryptocurrencies Payment

March 11, 2021 7:30 PM

DUBAI, UAE / ACCESSWIRE / March 11, 2021 / NY Koen Group, with headquarters in Dubai, UAE, is happy to announce that all companies operating under its umbrellas are now accepting payment in all the popular cryptocurrencies. Naum Koen, founder and CEO of NY Koen Group, has been investing in cryptocurrencies for several years and his most successful investment was in bitcoin in December 2016. He was able to buy a huge amount of bitcoin at the...

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StarPoint Properties Acquires Property at East 7th Street & North Locust Avenue
Real EstateCompany Update

StarPoint Properties Acquires Property at East 7th Street & North Locust Avenue

March 11, 2021 6:16 AM

BEVERLY HILLS, CA / ACCESSWIRE / March 10, 2021 / StarPoint Properties, a real estate investment and operating company founded in 1995, has purchased a 22,500 square foot property located at 636 North Locust Avenue in downtown Long Beach, California, for the purpose of developing a 7-story, 108-unit mixed-use project. Located in a Qualified Opportunity Zone and one block from a light rail station, this underutilized commercial property was...

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Homeowners Are Trending Towards Use of Aluminum Railing to Enhance Their Outdoor Living Spaces
Real EstateAdvertorial

Homeowners Are Trending Towards Use of Aluminum Railing to Enhance Their Outdoor Living Spaces

March 11, 2021 5:00 AM

BREMEN, IN / ACCESSWIRE / March 11, 2021 / Demand for outdoor living products to build or remodel decks and porches has increased significantly in recent years. A notable trend in the decking and railing industry is the use of aluminum railing that offers distinctive designs that enhance outdoor living spaces while offering unequaled durability and low maintenance performance. A survey of building materials dealers by Principia®...

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Gladstone Commercial Corporation Announces Lease Renewal of Wichita, KS Office Building
Real EstateCompany Update

Gladstone Commercial Corporation Announces Lease Renewal of Wichita, KS Office Building

March 10, 2021 4:30 PM

MCLEAN, VA / ACCESSWIRE / March 10, 2021 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced a five-year lease extension at its 69,287 square foot, class A office facility located at 2525 North Woodlawn Avenue in Wichita, Kansas. As a result of the lease extension, the property is leased to T-Mobile USA, Inc. through September 30, 2027. The one-story, build-to-suit class A office building serves as...

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Credit Approval, Refinanced Payments, And Homeownership: Eugene Fanfan Brings Financial Literacy To His Community
Real EstatePartnerships

Credit Approval, Refinanced Payments, And Homeownership: Eugene Fanfan Brings Financial Literacy To His Community

March 10, 2021 9:00 AM

NEW YORK, NY / ACCESSWIRE / March 10, 2021 / Eugene Fanfan is the epitome of a self-made, and beyond his individual successes, he's used his self-made platform to help others find similar success. As the youngest of ten children, Eugene moved to live with his aunt and uncle in a rough area of Miami, Florida, at an early age after his mother passed away. Despite a lack of opportunity and stability, Eugene was granted a scholarship to the...

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How Andrew Cordle Learned Hard Work From His Parents And Financial Literacy On His Own
Real EstatePartnerships

How Andrew Cordle Learned Hard Work From His Parents And Financial Literacy On His Own

March 10, 2021 8:45 AM

NEW YORK, NY / ACCESSWIRE / March 10, 2021 / Andrew Cordle, better known as AC, grew up in a paradox many are familiar with. In a middle class home outside of Atlanta, Georgia, AC's parents were hard-working teachers, bringing home just enough to provide for the family and put food on the table. At the same time, AC was able to learn about the value and importance of hard work, all while facing the reality that sometimes, hard work alone is...

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Is 2021 a Good Time for a First Time Home Buyer Loan?  Moreira Team | MortgageRight Offers Advice on this Timely Topic
Real EstateCompany Update

Is 2021 a Good Time for a First Time Home Buyer Loan? Moreira Team | MortgageRight Offers Advice on this Timely Topic

March 9, 2021 4:35 PM

The founders of Moreira Team | MortgageRight know that many people who have never purchased a home before are wondering if 2021 is a good time to buy a house and apply for a first time home buyer loan According to the founders of Moreira Team | MortgageRight, the short answer to both of these timely questions is a resounding "yes." The founders are also offering more in-depth advice on this important topic ATLANTA, GA /...

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