Real Estate https://www.benzinga.com/views/taxonomy/term/142057 en Camac Nominates Seven Highly Qualified Director Candidates for Election at Cedar Realty Trust's 2021 Annual Meeting https://www.benzinga.com/pressreleases/21/03/n19913440/camac-nominates-seven-highly-qualified-director-candidates-for-election-at-cedar-realty-trusts-202 <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /PRNewswire/ -- Camac Partners, LLC (&#34;Camac&#34;) today announced that its affiliate has nominated a slate of seven highly qualified director candidates for election to the board of directors of Cedar Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDR#NYSE" rel="nofollow">CDR</a>) (&#34;Cedar Realty&#34;). Camac is one of Cedar Realty&#39;s largest shareholders. Camac&#39;s nominees—Larry E. Jennings, Jr., <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Daniel Katz</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Richard H. Ross</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Eric Shahinian</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Sharon Stern</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Eric Ray</span> and Archer Greg Stevenson—would each bring a welcome fresh perspective to Cedar Realty&#39;s board. These nominees are committed to acting in the best interest of all of Cedar Realty&#39;s shareholders as independent directors.</p> <p xmlns="http://www.w3.org/1999/xhtml">If elected, Camac&#39;s nominees would replace directors who have overseen the decline of almost <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$500 million</span> of value at Cedar Realty.</p> <p xmlns="http://www.w3.org/1999/xhtml">Camac has received significant positive feedback since the release of its plan to unlock value at Cedar Realty. This feedback validates Camac&#39;s views that meaningful and immediate change is needed at Cedar Realty.</p> <p xmlns="http://www.w3.org/1999/xhtml">Camac&#39;s plan is simple: </p> <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml">Significant Board refreshment with highly qualified directors </li> <li xmlns="http://www.w3.org/1999/xhtml">Cost-conscious reorganization of Cedar Realty </li> <li xmlns="http://www.w3.org/1999/xhtml">Sale of non-core assets and deleveraging </li> <li xmlns="http://www.w3.org/1999/xhtml">Immediate halt to all value-destructive development projects </li> <li xmlns="http://www.w3.org/1999/xhtml">Implementation of a capital allocation strategy centered on return on invested capital </li> <li xmlns="http://www.w3.org/1999/xhtml">Appropriate, through and fair evaluation of value-maximizing transactions</li> </ul> <p xmlns="http://www.w3.org/1999/xhtml">Camac believes that Cedar Realty&#39;s board has failed to pursue or seriously evaluate credible inbound transaction inquiries. Camac believes that Cedar Realty&#39;s board has the fiduciary obligation to give shareholders—the true owners of Cedar Realty—the opportunity to consider and vote on potential value-maximizing transactions. </p> <p xmlns="http://www.w3.org/1999/xhtml">Camac&#39;s nominees are: </p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Larry E. Jennings, Jr.</span></b> is a founder of, and senior managing director at, ValStone Partners, a fully integrated private real estate ...</p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19913440/camac-nominates-seven-highly-qualified-director-candidates-for-election-at-cedar-realty-trusts-202 alt=Camac Nominates Seven Highly Qualified Director Candidates for Election at Cedar Realty Trust&#039;s 2021 Annual Meeting>Full story available on Benzinga.com</a></p> Banking/Financial Services CDR Press Releases Real Estate Mon, 01 Mar 2021 14:15:00 +0000 PRNewswire 19913440 at https://www.benzinga.com Alignvest Student Housing to acquire two high-quality strategic student housing assets in Waterloo, Ontario https://www.benzinga.com/pressreleases/21/03/n19912767/alignvest-student-housing-to-acquire-two-high-quality-strategic-student-housing-assets-in-waterloo <p xmlns="http://www.w3.org/1999/xhtml" class="prntac">/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">THE UNITED STATES</span>/</p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">TORONTO</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /CNW/ - Alignvest Student Housing Inc. is pleased to announce that Alignvest Student Housing REIT (the &#34;REIT&#34;) has entered into a binding contract to acquire two purpose-built student accommodation (&#34;PBSA&#34;) assets located at 315 King Street North and 328 Regina Street North in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Waterloo, Ontario</span>.</p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Sanjil Shah</span>, Managing Partner, said, &#34;We are excited to further solidify our position in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Waterloo</span> with the acquisition of these two high-quality student housing assets. This purchase continues to expand on our growth strategy in the student housing market and propels the REIT&#39;s bed count from 3,394 to 4,189 beds. These properties are located near the REIT&#39;s existing assets at 333 and 339 King Street North and provides us with an opportunity to achieve additional scale efficiencies from having 2,205 beds in the <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Waterloo</span> market.&#34;</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><u xmlns="http://www.w3.org/1999/xhtml">315 <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">King Street North</span> (&#34;Preston House&#34;) &amp; 328 Regina Street North (&#34;Bridgeport ...</u></b></p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19912767/alignvest-student-housing-to-acquire-two-high-quality-strategic-student-housing-assets-in-waterloo alt=Alignvest Student Housing to acquire two high-quality strategic student housing assets in Waterloo, Ontario>Full story available on Benzinga.com</a></p> Residential Real Estate Press Releases Real Estate Mon, 01 Mar 2021 14:00:00 +0000 PRNewswire 19912767 at https://www.benzinga.com AppraisalVision grows their team of industry experts with new hires Jacob Eland and J.R. Herrington https://www.benzinga.com/pressreleases/21/03/n19912655/appraisalvision-grows-their-team-of-industry-experts-with-new-hires-jacob-eland-and-j-r-herrington <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">ST. PETERSBURG, Fla.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /PRNewswire/ -- 2021 is off to a fast start for AppraisalVision as they begin their hiring spree for mortgage and appraisal professionals to keep up with their increasing number of client implementations. With their focus on appraisal modernization, AppraisalVision is using their platform as a proactive business model helping their network of lenders, AMCs, and appraisers capitalize on greater efficiencies than the industry has seen in years. AppraisalVision welcomes their two latest hires, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Jacob Eland</span> and J.R. Herrington, to bring clients innovative technology and a suite of alternative valuation products. </p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1042396/AppraisalVision_Logo.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1042396/AppraisalVision_Logo.jpg" title="(PRNewsfoto/Theoris Software)" alt="(PRNewsfoto/Theoris Software)" /><br /> </a> </p> </div> <div xmlns="http://www.w3.org/1999/xhtml" id="divReleaseHighlight003a" contenteditable="false" style="BORDER-TOP: gray 1px solid; WIDTH: 200px; BORDER-BOTTOM: gray 1px solid; POSITION: relative; FLOAT: left; BORDER-LEFT-COLOR: gray; COLOR: gray; TEXT-ALIGN: ...<p><a href=https://www.benzinga.com/pressreleases/21/03/n19912655/appraisalvision-grows-their-team-of-industry-experts-with-new-hires-jacob-eland-and-j-r-herrington alt=AppraisalVision grows their team of industry experts with new hires Jacob Eland and J.R. Herrington>Full story available on Benzinga.com</a></p> Banking/Financial Services Fintech Residential Real Estate Press Releases Real Estate Mon, 01 Mar 2021 14:00:00 +0000 PRNewswire 19912655 at https://www.benzinga.com February's Celebrity Real Estate News: Justin Bieber, Sandra Bullock & Matt Damon https://www.benzinga.com/pressreleases/21/03/n19912642/februarys-celebrity-real-estate-news-justin-bieber-sandra-bullock-matt-damon <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">POMPANO BEACH, Fla.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /PRNewswire-PRWeb/ -- &#34;February&#39;s Top 10 Celebrity Real Estate News&#34;</p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;Justin Bieber Sells His Beverly Hills Home&#34; <br xmlns="http://www.w3.org/1999/xhtml" /><span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Justin Bieber</span> just sold his <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3081503-1&amp;h=900082487&amp;u=https%3A%2F%2Fwww.toptenrealestatedeals.com%2Fweekly-ten-best-home-deals%2Fhome%2Fbig-changes-a-sold-house-for-justin-bieber&amp;a=Beverly+Hills+home" rel="nofollow" rel="nofollow"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Beverly Hills</span> home</a> that he bought soon after he married <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Hailey Baldwin</span> in 2018. Justin sold the 6,132-square-foot home with ocean views for <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$7.955 million</span> and included all the furniture in the sale. Justin and Hailey bought a larger <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Beverly Hills</span> home in August for <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$26 million</span>, which they moved to, and then put their newlywed home on the market in October.</p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;VP Harris Has Left Her San Francisco Apartment&#34; <br xmlns="http://www.w3.org/1999/xhtml" />VP Kamala Harris has sold her <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">San Francisco</span> loft condo in just one week, according to &#34;The Wall Street Journal.&#34; The vice president bought the one-bedroom apartment in 2004 for <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$489,000</span> when she was working as a city attorney. Her asking price was <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$799,000</span>. </p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;<span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Matt Damon&#39;s</span> Pacific Palisades Mansion&#34; <br xmlns="http://www.w3.org/1999/xhtml" /><span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Matt Damon</span> and his family are moving to their penthouse in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Brooklyn</span>, and have put their <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3081503-1&amp;h=795507002&amp;u=https%3A%2F%2Fwww.toptenrealestatedeals.com%2Fweekly-ten-best-home-deals%2Fhome%2Fmatt-damons-pacific-palisades-mansion&amp;a=Pacific+Palisades+mansion" rel="nofollow" rel="nofollow"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Pacific Palisades</span> mansion</a> on the market at <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$21 million</span>. Their current 13,508-square-foot <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">California</span> home has seven bedrooms and 10 baths, center atrium with soaring 35-foot mahogany ceilings, movable glass walls, chef&#39;s kitchen with bluestone countertops, and a master suite with its own private terrace. Also included is a game room, bar office, staff quarters, wine storage and tasting room, and a media room. Outside is a pool, spa, waterfall, koi pond ...</p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19912642/februarys-celebrity-real-estate-news-justin-bieber-sandra-bullock-matt-damon alt=February&#039;s Celebrity Real Estate News: Justin Bieber, Sandra Bullock &amp; Matt Damon>Full story available on Benzinga.com</a></p> Residential Real Estate Press Releases Real Estate Mon, 01 Mar 2021 14:00:00 +0000 PRNewswire 19912642 at https://www.benzinga.com Sierra Foothills based Margaretich Team joins Sereno, the largest, locally owned and operated independent real estate company in Northern California. https://www.benzinga.com/pressreleases/21/03/n19912628/sierra-foothills-based-margaretich-team-joins-sereno-the-largest-locally-owned-and-operated-indepe <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">LOS GATOS, Calif.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Mar. 1, 2021</span> /PRNewswire-PRWeb/ -- Sereno is pleased to announce that the Margaretich Team has joined forces with the company. Led by <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Mary Margaretich</span>, who&#39;s been a REALTOR since 1985, and <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Laif McClellan</span>, the team includes <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Susan Knox</span>, and <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Britica Pratt</span> and is one of the most productive in the region serving the <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Nevada</span> and <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Placer County</span> markets. </p> <p xmlns="http://www.w3.org/1999/xhtml">They are among one of the top 2 teams in the region and Mary has been voted the &#34;Best of Nevada County&#34; Realtor for multiple years running. The team will be based in Sereno&#39;s new Sierra Foothills location along the Nevada City Highway in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Grass Valley</span>. </p> <p xmlns="http://www.w3.org/1999/xhtml">Sereno, an independent real estate firm, has over 520 agents serving the greater Bay Area communities in the SF Peninsula, Silicon Valley, ...</p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19912628/sierra-foothills-based-margaretich-team-joins-sereno-the-largest-locally-owned-and-operated-indepe alt=Sierra Foothills based Margaretich Team joins Sereno, the largest, locally owned and operated independent real estate company in Northern California.>Full story available on Benzinga.com</a></p> Residential Real Estate Press Releases Real Estate Mon, 01 Mar 2021 14:00:00 +0000 PRNewswire 19912628 at https://www.benzinga.com Yuma Senior Living Completes Both Rounds of COVID-19 Vaccinations https://www.benzinga.com/pressreleases/21/03/n19912599/yuma-senior-living-completes-both-rounds-of-covid-19-vaccinations <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">YUMA, Ariz.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /PRNewswire-PRWeb/ -- Yuma Senior Living working with local health partners has completed both rounds of COVID-19 vaccinations for all its residents and team members. &#34;Working closely with my department heads and caregivers, we were able to coordinate the smooth administration of the two doses necessary to prevent future resident and employee infection,&#34; said <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Deborah Hall</span>, Executive Director of Yuma Senior Living.</p> <p xmlns="http://www.w3.org/1999/xhtml">Yuma Senior Living will continue to test each new resident prior to their moving in and provide testing for ...</p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19912599/yuma-senior-living-completes-both-rounds-of-covid-19-vaccinations alt=Yuma Senior Living Completes Both Rounds of COVID-19 Vaccinations>Full story available on Benzinga.com</a></p> Press Releases Real Estate Mon, 01 Mar 2021 14:00:00 +0000 PRNewswire 19912599 at https://www.benzinga.com Celebrated Real Estate Developer Caleb Walsh Announces Contract to Purchase Major Multifamily Unit in Tampa - St. Moritz https://www.benzinga.com/pressreleases/21/03/n19911995/celebrated-real-estate-developer-caleb-walsh-announces-contract-to-purchase-major-multifamily-unit <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">TAMPA, Fla.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /PRNewswire/ -- Caleb Walsh (<a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3081124-1&amp;h=28613773&amp;u=https%3A%2F%2Furbanbayhousingfund.com%2F&amp;a=https%3A%2F%2Furbanbayhousingfund.com%2F" rel="nofollow" rel="nofollow">https://urbanbayhousingfund.com/</a>) officially announced he had entered into a contract to purchase <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3081124-1&amp;h=760246833&amp;u=https%3A%2F%2Fwww.stmoritztampa.com%2F&amp;a=St.+Moritz" rel="nofollow" rel="nofollow"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">St. Moritz</span></a>, a collection of two-bedroom townhomes centrally located near the coast in the <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Tampa</span> region. With a host of amenities, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">St. Moritz</span> represents affordable housing with a luxury feel in a growing urban area. <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Caleb Walsh</span> is the director of Urban Bay Housing Fund, and was named one of the Top 100 People in Real Estate to watch by Top 100 Magazine. Urban Bay Housing Fund is a nationally recognized market leader, specializing in the development and management of multifamily and commercial properties throughout the U.S.  </p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1445847/Urban_Bay_Housing_Fund1.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1445847/Urban_Bay_Housing_Fund1.jpg" title="Caleb Walsh director of Urban Bay Housing Fund" alt="Caleb Walsh director of Urban Bay Housing Fund" /><br /> </a> </p> </div> <p xmlns="http://www.w3.org/1999/xhtml">&#34;We&#39;re very excited and pleased to announce this purchase,&#34; said Walsh. &#34;It represents a continuing commitment by Urban Bay Housing Fund to develop housing investment opportunities that our investors can be proud of. There is an ongoing affordable housing crisis in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Florida</span>, ...</p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19911995/celebrated-real-estate-developer-caleb-walsh-announces-contract-to-purchase-major-multifamily-unit alt=Celebrated Real Estate Developer Caleb Walsh Announces Contract to Purchase Major Multifamily Unit in Tampa - St. Moritz>Full story available on Benzinga.com</a></p> Banking/Financial Services commercial real estate Press Releases Real Estate Mon, 01 Mar 2021 13:38:00 +0000 PRNewswire 19911995 at https://www.benzinga.com Window Nation Expands Its New England Footprint Due to Increased Demand https://www.benzinga.com/pressreleases/21/03/n19911992/window-nation-expands-its-new-england-footprint-due-to-increased-demand <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">HARTFORD, Conn.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /PRNewswire/ -- Home improvement has surged as Americans have been forced to use their homes more – and in likely new ways. Home improvement is also getting a boost from a booming real estate market, causing a lot of people to make needed updates, investments and improvements in order to sell. Both trends are evident in the New England area, and the driving force behind Window Nation, the 5<sup xmlns="http://www.w3.org/1999/xhtml">th</sup> largest window replacement company in the U.S., to open its second location in the New England area in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Hartford</span> (1070 North Farm Rd., Unit 1 in Willingford), adding both new jobs and in-demand home solutions to the area. The company will service the <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Hartford</span>/<span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">New Haven</span> areas as well as southwestern <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Massachusetts</span>. </p> <p xmlns="http://www.w3.org/1999/xhtml">According to a recent study out of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-org">Harvard</span>, economists who study consumers have noted how, during the pandemic, households are shifting their spending patterns: less for travel and vacations, concerts, shows, eating out, entertaining, and commuting, and more for housing. Additionally, the pandemic has pushed more millennials into homeownership and home improvement projects.</p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;We&#39;re of course excited by the increase our industry is having across the ...</p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19911992/window-nation-expands-its-new-england-footprint-due-to-increased-demand alt=Window Nation Expands Its New England Footprint Due to Increased Demand>Full story available on Benzinga.com</a></p> Corporate Expansion Residential Real Estate Small Business Services Press Releases Real Estate Mon, 01 Mar 2021 13:38:00 +0000 PRNewswire 19911992 at https://www.benzinga.com Xinyuan Real Estate Announces Payment upon Maturity of 7.75% Senior Notes Due February 28, 2021 https://www.benzinga.com/pressreleases/21/03/n19911776/xinyuan-real-estate-announces-payment-upon-maturity-of-7-75-senior-notes-due-february-28-2021 <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">BEIJING</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. (&#34;Xinyuan&#34; or &#34;the Company&#34;) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XIN#NYSE" rel="nofollow">XIN</a>), an NYSE-listed real estate developer and property manager, today announced that it has paid in full upon maturity its issued and outstanding 7.75% Senior Notes (ISIN Code: XS1567240418) (the &#34;Notes&#34;) on February 28, 2021 (the &#34;Maturity Date&#34;). The Notes had an aggregate principal amount of US$204.8 million outstanding as at the Maturity Date.</p> <p xmlns="http://www.w3.org/1999/xhtml">The Company paid the principal amount of the Notes plus accrued and unpaid interest. From and after the Maturity Date, the Notes will cease to be outstanding.</p> <p xmlns="http://www.w3.org/1999/xhtml">A notice regarding the redemption in full of the Notes on <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">February 28, 2021</span> has been given to holders of the Notes and filed with the Singapore Exchange. Holders of the Notes should contact the bank or broker through which they hold a beneficial interest in the Notes for information about obtaining their payment.</p> <p xmlns="http://www.w3.org/1999/xhtml">Mr. Yong Zhang, Chairman of Xinyuan, stated, &#34;Our liquidity has further improved as we successfully launched several major projects in tier 1 and tier 2 cities. We also issued totally <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">270m USD</span> senior notes recently in the offshore market. Due to our well-functioning funding channels, the redemption of 7.75% Senior Notes went smoothly. We want to reassure bondholders and investors that we remain committed to optimizing our debt structure. Xinyuan operates conservatively in order to ...</p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19911776/xinyuan-real-estate-announces-payment-upon-maturity-of-7-75-senior-notes-due-february-28-2021 alt=Xinyuan Real Estate Announces Payment upon Maturity of 7.75% Senior Notes Due February 28, 2021>Full story available on Benzinga.com</a></p> Banking/Financial Services commercial real estate Overseas Real Estate (non-US) Residential Real Estate XIN Press Releases Real Estate Mon, 01 Mar 2021 13:30:00 +0000 PRNewswire 19911776 at https://www.benzinga.com Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.09 per Common Share for 1Q21, an Aggregate of $4.30 per Common Share for the 12 Months Ending March 31, 2021, Up 24 Cents, or 6 Percent, Over the 12 Months Ended March 31, 2020 https://www.benzinga.com/pressreleases/21/03/n19911728/alexandria-real-estate-equities-inc-declares-cash-dividend-of-1-09-per-common-share-for-1q21-an-ag <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">PASADENA, Calif.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARE#NYSE" rel="nofollow">ARE</a>) today announced that its Board of Directors declared a quarterly cash dividend of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$1.09</span> per common share for the first quarter of 2021. The dividend is payable on April 15, 2021, to shareholders of record on March 31, 2021. The common stock dividend for the 12 months ending <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 31, 2021</span>, of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$4.30</span> per common share represents an increase of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">24 cents</span>, or 6 percent, over the 12 months ended March 31, 2020.</p> <p xmlns="http://www.w3.org/1999/xhtml">The dividend allows the company to share its continued high-quality, strong and increasing net cash provided by operating activities with its common shareholders while it retains significant cash provided by operating ...</p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19911728/alexandria-real-estate-equities-inc-declares-cash-dividend-of-1-09-per-common-share-for-1q21-an-ag alt=Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.09 per Common Share for 1Q21, an Aggregate of $4.30 per Common Share for the 12 Months Ending March 31, 2021, Up 24 Cents, or 6 Percent, Over the 12 Months Ended March 31, 2020>Full story available on Benzinga.com</a></p> ARE Banking/Financial Services commercial real estate Dividends Press Releases Real Estate Mon, 01 Mar 2021 13:30:00 +0000 PRNewswire 19911728 at https://www.benzinga.com Southern Trust Mortgage wins Best Mortgage Companies to Work for award for second straight year https://www.benzinga.com/pressreleases/21/03/n19911727/southern-trust-mortgage-wins-best-mortgage-companies-to-work-for-award-for-second-straight-year <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">VIRGINIA BEACH, Va.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /PRNewswire-PRWeb/ -- <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3080522-1&amp;h=2813147987&amp;u=https%3A%2F%2Fwww.southerntrust.com%2Fcareers&amp;a=Southern+Trust+Mortgage" rel="nofollow" rel="nofollow">Southern Trust Mortgage</a> has been named as one of the <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3080522-1&amp;h=250493868&amp;u=https%3A%2F%2Fwww.bestmortgagecompaniestoworkfor.com%2F&amp;a=2021+Best+Mortgage+Companies+to+Work+for+by+National+Mortgage+News+and+Best+Companies+Group" rel="nofollow" rel="nofollow">2021 Best Mortgage Companies to Work for by National Mortgage News and Best Companies Group</a>. This annual survey and awards program was designed to identify, recognize, and honor the best employers in the U.S. mortgage industry. National Mortgage News honored all the winners and revealed the final rankings in a special report published in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 2021</span>.</p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;Being recognized in back-to-back years as a Best Mortgage Company to Work for is both humbling and encouraging.&#34; said <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3080522-1&amp;h=3302532209&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fjack-lane-074550150%2F&amp;a=Jack+Lane%2C+President+of+Southern+Trust+Mortgage." rel="nofollow" rel="nofollow"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Jack Lane</span>, President of Southern Trust Mortgage.</a> &#34;It&#39;s no secret that lenders everywhere asked a lot of their people this year and we made a commitment to ...</p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19911727/southern-trust-mortgage-wins-best-mortgage-companies-to-work-for-award-for-second-straight-year alt=Southern Trust Mortgage wins Best Mortgage Companies to Work for award for second straight year>Full story available on Benzinga.com</a></p> advertising Awards Banking/Financial Services insurance Workforce Management/Human Resources Press Releases Real Estate Mon, 01 Mar 2021 13:30:00 +0000 PRNewswire 19911727 at https://www.benzinga.com Chris Masiello named an RISMedia 2021 Real Estate Newsmaker https://www.benzinga.com/pressreleases/21/03/n19909903/chris-masiello-named-an-rismedia-2021-real-estate-newsmaker <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">BEDFORD, N.H.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /PRNewswire/ -- <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3081072-1&amp;h=4142429879&amp;u=https%3A%2F%2Fwww.masiello.com%2F&amp;a=The+Masiello+Group%2C+Ltd" rel="nofollow" rel="nofollow">The Masiello Group, Ltd</a>. is pleased to announce that <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Chris Masiello</span>, President and CEO, has been selected as an <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3081072-1&amp;h=662468963&amp;u=https%3A%2F%2Frismedia.com%2Fnewsmaker%2F%3Fid%3D1412&amp;a=RISMedia+2021+Real+Estate+Newsmaker" rel="nofollow" rel="nofollow">RISMedia 2021 Real Estate Newsmaker</a>—a group of key influencers making headlines as a result of their newsworthy contributions to the real estate industry, and their efforts to affect the consumers and communities they serve.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1445878/The_Masiello_Group_Chris_Masiello.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1445878/The_Masiello_Group_Chris_Masiello.jpg" title="Chris Masiello, President and Chief Executive Officer, The Masiello Group, Ltd." alt="Chris Masiello, President and Chief Executive Officer, The Masiello Group, Ltd." /><br /> ...</a></p></div><p><a href=https://www.benzinga.com/pressreleases/21/03/n19909903/chris-masiello-named-an-rismedia-2021-real-estate-newsmaker alt=Chris Masiello named an RISMedia 2021 Real Estate Newsmaker>Full story available on Benzinga.com</a></p> Awards Banking/Financial Services Residential Real Estate Press Releases Real Estate Mon, 01 Mar 2021 13:00:00 +0000 PRNewswire 19909903 at https://www.benzinga.com The Coronavirus By the Numbers: How a Yearlong Pandemic Has Impacted the U.S. Housing Market https://www.benzinga.com/pressreleases/21/03/n19909865/the-coronavirus-by-the-numbers-how-a-yearlong-pandemic-has-impacted-the-u-s-housing-market <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">SEATTLE</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /PRNewswire/ -- (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDFN#NASDAQ" rel="nofollow">RDFN</a>) — As the world approaches the one-year anniversary of the World Health Organization declaring Covid-19 a pandemic, a new <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3081145-1&amp;h=3079971122&amp;u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fcoronavirus-pandemic-real-estate-impact-charts&amp;a=report" rel="nofollow" rel="nofollow">report</a> from Redfin (<a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3081145-1&amp;h=1319949709&amp;u=https%3A%2F%2Fwww.redfin.com%2F&amp;a=www.redfin.com" rel="nofollow" rel="nofollow">www.redfin.com</a>), the technology-powered real estate brokerage, looks back on its impact on the U.S. housing market. The coronavirus has upended just about every aspect of daily life, including where Americans live, what they look for in a home and how they go about the homebuying process. Redfin created 12 charts that illustrate the pandemic&#39;s profound impact on the U.S. housing market, available in the full <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3081145-1&amp;h=278876239&amp;u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fcoronavirus-pandemic-real-estate-impact-charts%2F&amp;a=report" rel="nofollow" rel="nofollow">report</a> and summarized below.<br xmlns="http://www.w3.org/1999/xhtml" /></p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/624025/Redfin_Logo.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/624025/Redfin_Logo.jpg" title="Redfin Logo (PRNewsfoto/Redfin)" alt="Redfin Logo (PRNewsfoto/Redfin)" /><br /> </a> </p> </div> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$3.1 trillion</span>: The amount of home value Americans have gained <br xmlns="http://www.w3.org/1999/xhtml" /></b></p> <p xmlns="http://www.w3.org/1999/xhtml">Despite the economy&#39;s plunge into recession, U.S. homeowners have reaped <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$3.1 trillion</span> in home value during the pandemic as a result of rising housing prices. The total worth of U.S. homes was <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$32.4 trillion</span> in January, up 10% from <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$29.3 trillion</span> a year earlier.  </p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">2013: The last time U.S. home prices surged this much</b></p> <p xmlns="http://www.w3.org/1999/xhtml">The median home sale price in the U.S. was <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$330,500</span> in January, up 14.3% from a year earlier. That&#39;s the biggest annual gain during a given month since at least 2013. </p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;Surging prices are helping local homeowners build equity, but also creating barriers to entry for many first-time buyers here in Albuquerque,&#34; said Redfin New Mexico real estate agent <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Austin Wolff</span>. &#34;With so many affluent folks moving in from out of state, families who&#39;ve been here for generations could get priced out. But beginner buyers shouldn&#39;t give up. I&#39;ve had clients win homes by using creative strategies that don&#39;t require a huge down payment or the highest bid.&#34;<br xmlns="http://www.w3.org/1999/xhtml" /><br xmlns="http://www.w3.org/1999/xhtml" /><b xmlns="http://www.w3.org/1999/xhtml">24%: The record decline in inventory that&#39;s driving a massive housing shortage</b></p> <p xmlns="http://www.w3.org/1999/xhtml">There are significantly more buyers than there are sellers—an imbalance that has existed for years but has significantly intensified during the pandemic. The supply of homes for sale plummeted a record 23.6% year over year in January as scores of Americans relocated and purchased homes thanks to low mortgage rates and remote work. The inventory shortage has acted as a catalyst for many of the other housing-market shifts the country has seen over the past year, including skyrocketing prices and fierce bidding wars.</p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;Inventory is ...</p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19909865/the-coronavirus-by-the-numbers-how-a-yearlong-pandemic-has-impacted-the-u-s-housing-market alt=The Coronavirus By the Numbers: How a Yearlong Pandemic Has Impacted the U.S. Housing Market>Full story available on Benzinga.com</a></p> Banking/Financial Services Polls & Research RDFN Surveys Retail Sales Press Releases Real Estate Mon, 01 Mar 2021 13:00:00 +0000 PRNewswire 19909865 at https://www.benzinga.com Parkit Announces $25 Million Bought Deal Financing and $5 Million Concurrent Non-Brokered Private Placement https://www.benzinga.com/pressreleases/21/03/n19908410/parkit-announces-25-million-bought-deal-financing-and-5-million-concurrent-non-brokered-private-pl <p xmlns="http://www.w3.org/1999/xhtml" class="prntac">/NOT FOR DISTRIBUTION TO <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">UNITED STATES</span> NEWS WIRE SERVICES OR FOR DISSEMINATION IN <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">THE UNITED STATES</span>./</p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">TORONTO</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /CNW/ - Parkit Enterprise Inc. (TSXV:<a class="ticker" href="https://www.benzinga.com/stock/PKT#TSXV" rel="nofollow">PKT</a>) (&#34;Parkit&#34; or the &#34;Company&#34;), an industrial real estate growth vehicle and parking platform, is pleased to announce that it has entered into an agreement with Stifel GMP and Scotiabank as joint bookrunners and co-lead underwriters (the &#34;Underwriters&#34;), pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 16,670,000 common shares (&#34;Common Shares&#34;) of the Company at a price of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$1.50</span> per Common Share (the &#34;Offering Price&#34;), for aggregate gross proceeds of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$25,005,000</span> (the &#34;Offering&#34;). </p> <p xmlns="http://www.w3.org/1999/xhtml">The Underwriters have also been granted an option, exercisable in whole or in part any time up to 48 hours prior to the closing date of the Offering, to purchase for resale up to an additional 3,340,000 Common Shares at the Offering Price, for aggregate gross proceeds to the Company of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$30,015,000</span> in the event the Underwriters exercise this option in full.</p> <p xmlns="http://www.w3.org/1999/xhtml">Concurrent with the Offering, the Company intends to issue and sell additional Common Shares for additional gross proceeds of approximately <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$5,000,000</span> on the same terms as the Offering to certain insiders and subscribers designated by the Company. This concurrent non-brokered private placement is expected to be settled via cash subscription, asset contribution, or a combination thereof.</p> <p xmlns="http://www.w3.org/1999/xhtml">The Company plans to use the net proceeds from the Offering primarily to fund future acquisitions of strategically located industrial properties across key markets in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Canada</span>, with a focus on the GTA+, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Ottawa</span> and Montreal.  The Offering is scheduled to close on or about <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 18, 2021</span> (the &#34;Closing Date&#34;) and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. </p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Steven Scott</span>, Chairman, commented: &#34;We are pleased to see the level of institutional support for our industrial ...</p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19908410/parkit-announces-25-million-bought-deal-financing-and-5-million-concurrent-non-brokered-private-pl alt=Parkit Announces $25 Million Bought Deal Financing and $5 Million Concurrent Non-Brokered Private Placement>Full story available on Benzinga.com</a></p> Private Placement TSXV:PKT Offerings Press Releases Real Estate Mon, 01 Mar 2021 12:12:00 +0000 PRNewswire 19908410 at https://www.benzinga.com Ritchie Bros. Achieves Strong Pricing in Edmonton, AB Auction with 50% Increase in Bidders https://www.benzinga.com/pressreleases/21/03/n19908000/ritchie-bros-achieves-strong-pricing-in-edmonton-ab-auction-with-50-increase-in-bidders <p xmlns="http://www.w3.org/1999/xhtml">17,000+ online bidders registered for the three-day, CA$53+ million auction last week</p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">EDMONTON, AB</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 1, 2021</span> /CNW/ - <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Ritchie Bros</span>. drove strong results for consignors with its first big Canadian auction of the year, selling 5,100+ equipment items and trucks in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Edmonton, AB</span> for CA$53+ million (US$42+ million) last week. The three-day, online auction attracted more than 17,000 bidders from 66 countries, which is up 50% from the <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">February 2020</span> event. </p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;We drove record demand in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Edmonton</span> last year, registering more than 100,000 bidders through six auctions, and it continues in 2021 with a 50% increase in bidders year over year for this event alone,&#34; said <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Trent Vandenberghe</span>, Regional Sales Manager, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Ritchie Bros</span>. &#34;Leading up to and during the auction we safely welcomed thousands of bidders onsite to inspect items they were interested in. Then they would drive to their home or office to bid from their laptop or phone. This hybrid-style auction, with equipment onsite and 100% of bidding online, provides safety and results. Buyers love the quality of the equipment; they just want more—now is a great time to sell.&#34;</p> <p xmlns="http://www.w3.org/1999/xhtml">The <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">February 23</span> – 25, 2021 auction set new online demand records for the February Edmonton auction, including new records for online page views (1.7+ million and up 55% YOY), watchlist adds (103,200+ and up 75% YOY), and PriorityBids (11,300+). </p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;<span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Ritchie Bros</span>. is the easiest way to sell equipment,&#34; said consignor <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Mark Oleksyn</span>, Chief Operating Officer for Mill Creek Sand &amp; Gravel, based in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Redwater, AB</span>. &#34;We&#39;ve been buying and selling with <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Ritchie Bros</span>. for 20 years. They provide excellent service, are extremely knowledgeable, and will get you the best prices for your equipment. It&#39;s that simple!&#34;</p> <p xmlns="http://www.w3.org/1999/xhtml">All items in the auction were sold unreserved and online only, ...</p><p><a href=https://www.benzinga.com/pressreleases/21/03/n19908000/ritchie-bros-achieves-strong-pricing-in-edmonton-ab-auction-with-50-increase-in-bidders alt=Ritchie Bros. Achieves Strong Pricing in Edmonton, AB Auction with 50% Increase in Bidders>Full story available on Benzinga.com</a></p> Oil RBA Transportation/Trucking/Railroad TSX:RBA Utilities Commodities Press Releases Real Estate Mon, 01 Mar 2021 12:00:00 +0000 PRNewswire 19908000 at https://www.benzinga.com