estate development

Downtime: HHHunt’s Dan Schmitt will be riding coast-to-coast

Dan Schmitt with the loaded-up bike he’ll be riding coast-to-coast on his Kon-Tiki Challenge ride for Sportable. (Images courtesy of Cindy Schmitt) When Dan Schmitt retired in December after 33 years with HHHunt, the longtime executive celebrated the occasion with a retirement gift to himself: a customized Seven Cycles Evergreen SL gravel bike. The outgoing …

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Melcor announces Annual General Meeting voting results

EDMONTON, Alberta, May 19, 2022 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced the results of its annual general meeting (AGM), held today. A total of 26,489,850 shares were voted by proxy, representing 80.68% of the outstanding shares as of the record date. Shareholders …

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Is American Realty Investors, Inc. (ARL) Stock Near the Top of the Real Estate Development Industry?

American Realty Investors, Inc. (ARL) leads the Real Estate Development industry with an overall score of 66. ARL is up 109.49% so far this year after the company closed yesterday at $21.2. The overall score measures the company’s performance based-off both short and long term indicators and means that ARL scores better than 66% of …

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Imperial Capital Acted As Exclusive Financial Advisor To Service Compression To Secure Transformative Growth Capital Investment

HOUSTON, May 18, 2022 /PRNewswire/ — Imperial Capital, LLC (“Imperial Capital”) announced that it served as exclusive financial advisor to Service Compression, LLC (“Service Compression” or the “Company”), a leading provider of natural gas compression services to exploration & production companies at the wellhead, in connection with the commitment of $215 million of first lien …

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Everyrealm and Storyverse Partner To Create Interactive Stories for NFT Communities

May 18, 2022 – Los Angeles, California Everyrealm purchases 250 PLOTs in Storyverse’s now sold-out public sale. Storyverse, the first-ever interactive storytelling platform on the blockchain, today announced its partnership with Everyrealm, a leader in metaverse innovation and development, to provide the foundation for NFT communities to create fun, interactive story games within the metaverse. …

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Zacks Investment Research Upgrades Hersha Hospitality Trust (NYSE:HT) to “Strong-Buy”

Hersha Hospitality Trust (NYSE:HT – Get Rating) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday, Zacks.com reports. The brokerage currently has a $12.00 price objective on the real estate investment trust’s stock. Zacks Investment Research‘s price target would indicate a potential upside of …

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Tri-State Deal Roundup: Multifamily, Industrial Assets Trade

331 Elmora Avenue and 103 Ryan Street (Kislak Realty) In a world of rising apartment and warehouse rents, it is not hard to find investors for multifamily and industrial assets in the tri-state area. A number of recent sales in New Jersey and the lower Hudson Valley, along with a development in Newark, reflect that …

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CHA Partners drive leasing activity at multitenant property in Logan Township

Holdbrook Pediatric Dental, together with Logan Township Deputy Mayor Bernadine Jackson and other local officials, recently gathered at the grand opening of the dental practice’s new office at 499 Beckett Road in Logan Township. CHA Partners, a health care-oriented real estate development firm, recently completed an extensive capital improvement program at the 25,630-square-foot property, which …

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Tsawwassen Mills mall sold to Chinese-owned development firm

Just over five years after it opened, Tsawwassen Mills, one of the largest shopping malls in BC, has changed ownership. The 1.2 million-sq-ft mall on 107 acres, containing about 200 stores and restaurants, was recently sold to Nanaimo-based Central Walk. The mall was previously owned by Montreal-based real estate firm Ivanhoe Cambridge, which built Tsawwassen …

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