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Presidio Property Trust Reports Results of Series D Exchange Offer

Presidio Property Trust Reports Results of Series D Exchange Offer

by John G. Stevens | Oct 5, 2026 | Commercial Real Estate News, Current News & Events

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...
Supreme Court Rejects Zillow Appeal, Leaving Zillow Offers Investor Class Action Intact

Supreme Court Rejects Zillow Appeal, Leaving Zillow Offers Investor Class Action Intact

by John G. Stevens | Oct 5, 2026 | Current News & Events

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 REIT Agrees to Buy Lantower Stakes in Two Florida Apartment Developments

H&R REIT Agrees to Buy Lantower Stakes in Two Florida Apartment Developments

by John G. Stevens | Oct 5, 2026 | Commercial Real Estate News, Current News & Events

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 to Acquire Timberline Homes’ Nine Southeast Retail Locations

Champion Homes to Acquire Timberline Homes’ Nine Southeast Retail Locations

by John G. Stevens | Oct 5, 2026 | Real Estate News

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 Closes $98 Million of CRE Loans as Office Exposure Falls to 13%

Seven Hills Closes $98 Million of CRE Loans as Office Exposure Falls to 13%

by John G. Stevens | Oct 5, 2026 | Commercial Real Estate News, Current News & Events

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...
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