Real Estate News

Kimco Realty® Expands Florida Presence with Acquisition of The Markets at Town Center

– Grocery-Anchored Center in Core Market Acquired through the Company’s Structured Investment Program –

JERICHO, NY, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE: KIM) a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, announced the acquisition of The Markets at Town Center, a 254,000-square-foot premier asset in Jacksonville, Florida for $108 million.

Vornado’s Retail JV Completes $350 Million Transaction with UNIQLO

NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has completed the previously announced sale to UNIQLO of the portion of its U.S.

New York Mortgage Trust, Inc. Announces Pricing of Public Offering of Senior Notes

NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today the pricing of an underwritten public offering of $75 million aggregate principal amount of its 9.125% senior notes due 2030 (the “Notes”).

Belpointe OZ Adjourns Annual Meeting to January 28, 2025 and Announces Notice of Noncompliance with NYSE American Continued Listing Standards

GREENWICH, CONNECTICUT, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ,” “we,” “us,” “our” or the “Company”) today announced that its adjourned annual meeting (the “Annual Meeting”), has been rescheduled for Tuesday, January 28, 2025 at 12:00 p.m.

NorthStar Moving Ranked #1 Moving Company for Customer Service in Newsweek’s 2025 List

Honored for outstanding service, NorthStar Moving earns top spot for the second year

Los Angeles, CA, Jan. 08, 2025 (GLOBE NEWSWIRE) -- NorthStar Moving® Company, the leading eco-luxury mover in California, is pleased to announce they have been ranked #1 in Newsweek’s list of America’s Best Customer Service 2025 in the moving company category.

La Rosa Holdings Corp. Acquires Real Estate Brokerage Franchisee with Approx. $2.7 Million in Revenue for Trailing Twelve Months and Positive Net Income as of November 30, 2024

Franchisee has over 90 Agents

Celebration, FL, Jan. 08, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ:LRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has completed an acquisition transaction and now holds a 100% interest in the Company’s franchisee- La Rosa Realty Beaches LLC (“Realty Beaches”), located in Fort Lauderdale, Florida.

Orchid Island Capital Announces Estimated Fourth Quarter 2024 Results January 2025 Monthly Dividend and December 31, 2024 RMBS Portfolio Characteristics

January 2025Monthly Dividend of $0.12Per Share of Common StockEstimated Book Value Per Share as ofDecember 31, 2024of $8.09Estimated GAAP net income of $0.07 per share for the quarter endedDecember 31, 2024, including an estimated $0.02 per share of net realized and unrealized gains on RMBS and derivative instrumentsEstimated 0.6% total return on equity for the quarter endedDecember 31, 2024Estimated book value, net income and total return on equity amounts are preliminary, subject to change,and subject to review by the Company’s independent registered public accounting firmRMBS Portfolio Characteristics as ofDecember 31, 2024 Next Dividend Announcement ExpectedFebruary 12, 2025

VERO BEACH, Fla.

American Assets Trust, Inc. Announces Fourth Quarter and Year-End 2024 Earnings Release Date and Conference Call Information

SAN DIEGO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its fourth quarter and year-end 2024 earnings in a press release to be issued after the market closes on Tuesday, February 4, 2025.

Kolter Capital NWH LLC Acquires Additional Units in Northwest Healthcare Properties Real Estate Investment Trust

TORONTO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Kolter Capital NWH LLC (Kolter Capital), an affiliate of the Kolter Group LLC (Kolter Group) announced today that it has acquired an additional 100,000 units (Units) of Northwest Healthcare Properties Real Estate Investment Trust (the REIT) in the open market through the facilities of the Toronto Stock Exchange at an average price of CAD$4.6169 per Unit, for an aggregate purchase price of CAD$461,690 (the Acquisition).

LGI Homes Reports 2024 Annual Home Closings and Sets Date for Fourth Quarter and 2024 Year End Earnings Conference Call

THE WOODLANDS, Texas, Jan. 06, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 580 homes in December 2024. As a result, the Company closed a total of 1,636 homes in the fourth quarter, including the bulk sale of 103 leased, single-family homes in November 2024, and a total of 6,131 homes for the full year 2024.