Real Estate News

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.

KBS Builders Awarded $3.2 Million Contract for Multifamily Construction Project in Maine

OLD GREENWICH, Conn., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star” or the “Company”), a diversified holding company, announced today that its wholly owned subsidiary, KBS Builders, Inc.

UMH PROPERTIES, INC. DECLARES COMMON AND PREFERRED DIVIDENDS

FREEHOLD, NJ, Jan. 07, 2025 (GLOBE NEWSWIRE) -- On January 7, 2025, the Board of Directors of UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) declared its quarterly cash dividend on the Company’s Common Stock of $0.215 per share payable March 17, 2025, to shareholders of record at the close of business on February 18, 2025.

Kimco Realty Corporation Announces 2024 Dividend Tax Treatment for RPT Realty Convertible Preferred Investors

JERICHO, N.Y., Jan. 07, 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 today the 2024 tax treatment of RPT Realty Series D Cumulative Convertible Preferred investor’s dividend distributions.

FG Communities Completes 41st Manufactured Housing Acquisition with Community in Chapel Hill

Acquisition increases presence in the fast-growing Research Triangle region of North Carolina

Mooresville,NC, Jan. 07, 2025 (GLOBE NEWSWIRE) -- FG Communities, whose mission is to preserve and improve affordable housing by acquiring and operating manufactured housing communities, is excited to announce its most recent acquisition in Chapel Hill, North Carolina.

Getty Realty Corp. Provides 2024 Business Update

- Invested More Than $200 Million in Convenience and Automotive Retail Assets -

- Introduces 2025 Earnings Guidance -

NEW YORK, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Getty Realty Corp.