Real Estate News – Page 134

New Home Co. to Acquire Landsea Homes Corporation, Creating a Top 25 National Homebuilder

Landsea Homes Shareholders to Receive $11.30 Per Share in Cash, Representing a Premium of Approximately 61% to the Closing Share Price onMay 12, 2025

Complementary, Diversified Footprint Positions Combined Company to Accelerate Continued Growth Across the Country

IRVINE, Calif.

Landsea Homes Reports First Quarter 2025 Results

Home sales revenue increased 2.3% to $299.4 millionNew home deliveries increased 27.3% to 643 homesNet new home orders of 679 increased 11.1%Home sales gross margin of 13.0%, adjusted home sales gross margin of 20.0%Book value per share of $18.14

DALLAS, May 12, 2025 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”) announced today financial results for the first quarter ended March31, 2025.

WNC & Associates and Codman Square Neighborhood Development Corporation to Construct Talbot Commons II Affordable Housing Community in Boston

$32 Million Development to Add 42 Affordable Units in Dorchester, Mass.

Talbot Commons II Rendering

WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, and Codman Square Neighborhood Development Corporation (CSNDC), a Dorchester-based grassroots community organization committed to developing affordable housing and fighting for racial and economic justice by building community power, have closed a deal to begin construction on Talbot Commons II, a $32 million new affordable housing community in Dorchester, Massachusetts.

Alterra IOS Acquires 2 Industrial Outdoor Storage Locations in Central Texas

Strategic investments in Austin and San Antonio markets increase the firm’s total Texas footprint to 42 locations

Buda

SAN ANTONIO, May 13, 2025 (GLOBE NEWSWIRE) -- Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 300 sites nationwide, today announced the acquisition of two sites totaling 8.7 usable acres and 33,500 square feet of accompanying warehouse space in the Austin and San Antonio metropolitan areas.

Economic Indicators and Federal Reserve Policy Comments by Michael Eisenga CEO First American Properties

COLUMBUS, Wis., May 13, 2025 (GLOBE NEWSWIRE) -- In light of this morning’s Consumer Price Index (CPI) report from the U.S. Bureau of Labor Statistics (BLS), Michael Eisenga, CEO of First American Properties, released the following statement addressing concerns about the current economic trajectory and the Federal Reserve’s continued policy stance:

“The data is clear: economic pressure is mounting, and yet the Federal Reserve appears increasingly disconnected from the reality businesses and households are facing.

APEX Capital Group Launches $10M Halal Real Estate Income Fund

PRINCETON, N.J., May 12, 2025 (GLOBE NEWSWIRE) -- APEX Capital Group, a private real estate investment firm owned and operated by brothers, Shomail and Farhan Malik out of Princeton, NJ, is proud to announce the launch of the Silk Road Properties Income Fund, a $10 million private real estate investment fund designed to offer accredited investors an opportunity to earn passive income while adhering to Islamic finance principles.

Resurgent Realty Trust Issues Open Letter to Generation Income Properties, Inc. (“GIPR”)

Calls Out Urgent Governance Crisis and Looming Default Risk; Reiterates Prior Offer and Calls onBoard of Directors to Engage in Good Faith Discussions

VIRGINIA BEACH, Va., May 12, 2025 (GLOBE NEWSWIRE) -- Resurgent Realty Trust (“RRT”), a shareholder of Generation Income Properties, Inc.

UMH PROPERTIES, INC. PUBLISHES ITS 2024 SUSTAINABILITY REPORT

FREEHOLD, NJ, May 12, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced today that it has published its 2024 Sustainability Report.

FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results for the First Quarter Ended March 31, 2025

JACKSONVILLE, Fla., May 12, 2025 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH) –

FRP Holdings is a real estate asset developer and manager across three differing asset classes including Multifamily, Industrial and Commercial, and Mining and Royalty Lands.

Highwoods Announces Availability of 2024 Corporate Resiliency Report

RALEIGH, N.C., May 12, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has published its 2024 Corporate Resiliency Report, which highlights the Company’s ongoing commitment to owning and operating a resilient, high-quality office portfolio that thrives in all economic cycles.