VERO BEACH, Florida, Aug. 05, 2025 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced that it is commencing an underwritten public offering of 18,500,000 shares of common stock.
Real Estate News
BETHESDA, Md., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT, reported financial and operating results today for the quarter ended June 30, 2025:
Financial Results Three months ended June 30,20252024Net loss per diluted share$(0.04)$(0.04)Core FFO per diluted share0.240.23Operational Highlights
Same-store multifamily NOI increased by 4.5% compared to the prior year quarterSame-store Average Effective Monthly Rent Per Home increased 1.4% compared to the prior year quarterEffective blended Lease Rate Growth was 1.3% for our Same-Store Portfolio during the quarter, comprised of effective new Lease Rate Growth of (3.3)% and effective renewal Lease Rate Growth of 4.9%Retention was 62% during the quarter, in line with expectationsSame-store multifamily Average Occupancy was 94.7% during the quarter, up 0.2% compared to the prior year quarterBalance Sheet
Available liquidity was $330 million as of June 30, 2025, consisting of availability under the Company's revolving credit facility and cash on handAnnualized second quarter Net Debt to Adjusted EBITDA ratio was 5.6xThe Company has a strong balance sheet with only $125 million of debt maturing before 2028 and no secured debtStrategic Review Update
On August 4, 2025, Elme announced that it had entered into a Purchase and Sale Agreement with Cortland Partners, dated August 1, 2025 (the “Purchase Agreement”), providing for the sale of 19 multifamily communities for approximately $1.6 billion.
SAN FRANCISCO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its second quarter ended June30, 2025.
JACKSONVILLE, Fla., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency Centers,” “Regency” or the “Company”) (NASDAQ: REG) announced today that the Company’s Board of Directors (the “Board”) declared quarterly cash dividends on Regency’s common stock, Series A preferred stock, and Series B preferred stock.
THE WOODLANDS, Texas, Aug. 05, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 381 homes in July 2025.
As of July 31, 2025, the Company had 143 active selling communities.
VERO BEACH, Florida, Aug. 06, 2025 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced that it has priced an underwritten public offering of 18,500,000 shares of its common stock for total estimated gross proceeds of approximately $302,475,000 (or approximately $347,846,250 if the option to purchase additional shares is exercised in full).
NOTE TO MEDIA:For high-resolution photos and videos, visit: HERE. Credit: Kekainani at Hoakalei
‘EWA BEACH, Hawaii, Aug. 05, 2025 (GLOBE NEWSWIRE) -- A limited collection of new ocean-view homes is now available on the western shores of O‘ahu, offering a rare opportunity to own contemporary island real estate within an emerging resort community.
LOS ANGELES, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Parkview Financial (“Parkview”), an alternative investment firm specializing in U.S. commercial real estate credit, today announced the appointment of Abe Kohn as Vice President of Construction, overseeing projects in the Northeast region, effective July 2025.
PALO ALTO, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Pacific Urban Investors, a multifamily owner-operator and investment manager, has completed its eighth acquisition in the New York Metro, increasing its regional portfolio to 1,966 units.
Completes Previously Announced Merger with Windstream
Provides Consolidated 2025 Outlook for Combined Company
Net Loss of $10.7 Million for the Second QuarterNet Loss of $0.04 Per Diluted Common Share for the Second QuarterAFFO of $0.36 Per Diluted Common Share for the Second QuarterLITTLE ROCK, Ark.