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TWO Announces Receipt of Final Regulatory Approval for Merger with CrossCountry Mortgage
NEW YORK--(BUSINESS WIRE)--TWO Announces Receipt of Final Regulatory Approval for Merger with CrossCountry Mortgage...
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CORRECTING and REPLACING Amid Declining Book Value, ACRES Commercial Realty Struggles to Sell REO Property Due to Labor Dispute with Philadelphia Hospitality Union UNITE HERE Local 274
PHILADELPHIA--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions to the first paragraph. The updated release reads: AMID DECLINING BOOK VALUE, ACRES COMMERCIAL REALTY STRUGGLES TO SELL REO PROPERTY DUE TO LABOR DISPUTE WITH PHILADELPHIA HOSPITALITY UNION UNITE HERE LOCAL 274 UNITE HERE Local 274 has learned that ACRES Commercial Realty (NYSE:ACR) recently told investors that ‘not having a contract’ was ‘holding up efforts’ to sell its Phil...
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526 Media Group Acquires ARCHITECT, Journal of Light Construction, and Portfolio of Leading Building Industry Titles from Zonda
COSTA MESA, Calif.--(BUSINESS WIRE)--526 Media Group, the leading independent B2B media company serving the lumber, building materials, and construction industry, today announced the acquisition of ARCHITECT, Journal of Light Construction, and a portfolio of additional titles from Zonda.ARCHITECT is a premier platform for architecture and design professionals, while Journal of Light Construction is a trusted resource for professional residential builders and remodelers. The acquired portfolio al...
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Rayonier Releases 2025 Corporate Responsibility Report
WILDLIGHT, Fla.--(BUSINESS WIRE)--Rayonier Inc. (NYSE:RYN) today released its 2025 Corporate Responsibility Report. The report highlights the company’s progress across four corporate responsibility pillars: Forests, Planet, People, and Practices. These pillars focus on managing forests sustainably, minimizing environmental impacts, focusing on Team Members and safety, and prioritizing strong governance practices. “At Rayonier, sustainability and corporate responsibility are ingrained in everyth...
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Dream Industrial REIT Announces August 2026 Monthly Distribution
TORONTO--(BUSINESS WIRE)--DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its August 2026 monthly distribution in the amount of $0.05979 per Unit ($0.7175 annualized). The August distribution will be payable on September 15, 2026 to unitholders of record as at August 31, 2026. Dream Industrial REIT is an owner, manager, and operator of a global portfolio of well-located, diversified industrial properties. As at June 30, 2026, Dream Industrial REIT has an interest in and manage...
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Dream Office REIT Announces August 2026 Monthly Distribution
TORONTO--(BUSINESS WIRE)--DREAM OFFICE REIT (TSX: D.UN) (“Dream Office REIT” or the “Trust”) today announced its August 2026 monthly distribution of 8.333 cents ($1.00 annualized) per REIT Unit, Series A. The August distribution will be payable on September 15, 2026 to unitholders of record as at August 31, 2026. Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 4 million square feet owne...
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MFA Financial, Inc. Announces Third Quarter Dividends on Series B Preferred Stock and Series C Preferred Stock
NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) (the “Company”) announced today that its Board of Directors has declared the payment of dividends on the Company’s outstanding 7.50% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”). In accordance with the terms of the Series B Preferred Stock, the Board of Directors has declared a preferred sto...
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Apple Hospitality REIT Announces Monthly Distribution
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution...
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Silverstone Partners Closes Preferred Equity Investment to Recapitalize Class-A Brooklyn Multifamily Property
LOS ANGELES--(BUSINESS WIRE)--Silverstone Partners, a thematic real estate investment manager, today announced a partnership with Related Fund Management to provide preferred equity financing (the “Investment”) for the recapitalization of One Sunset (the “Property”). The Property is a newly constructed 187-unit, 14-story mid-rise multifamily project located in the Greenwood Heights submarket of Brooklyn, New York, and was built utilizing the final iteration of the Affordable New York (421-a) pr...
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Corcapa 1031 Advisors Launches Dedicated 721 Exchange Advisory Platform
COSTA MESA, Calif.--(BUSINESS WIRE)--Corcapa 1031 Advisors announced today the launch of 721 UPREIT Solution, a new website dedicated solely to 721 exchange and UPREIT investment advisory services. A 721 UPREIT transaction can allow qualifying real estate owners, including investors in certain Delaware statutory trust structures, to contribute property interests to an operating partnership in exchange for operating partnership units, providing a potential path from direct or securitized real es...