Presidio Property Trust said Monday that holders tendered 149,773 shares of its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock in the company’s exchange offer, representing approximately 15.4% of the Series D shares outstanding. According to...
The U.S. Supreme Court on Monday declined to hear Zillow Group’s bid to overturn a decision allowing investors to pursue a class action over statements tied to the collapse of Zillow Offers, leaving the litigation alive in federal court. The justices denied Zillow’s...
H&R Real Estate Investment Trust has agreed to acquire Lantower Residential Real Estate Development Trust No. 1’s approximately 70.9% interests in two Florida apartment developments expected to total 601 units.According to H&R REIT’s Oct. 5 announcement,...
Champion Homes has agreed to acquire the assets of Timberline Homes, adding nine manufactured- and modular-home retail locations across Alabama, Mississippi and Florida as the factory-built housing company expands its direct-to-consumer business in the Southeast. The...
Seven Hills Realty Trust has closed $98 million of new first mortgage investments while loan repayments helped cut the commercial mortgage REIT’s office exposure to approximately 13% of its portfolio.In an Oct. 5 business update distributed by Business Wire, Seven...