Real Estate News

FREEHOLD, NJ, Aug. 08, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) is proud to promote T.C. Sheppard to Senior Vice President of Sales and Consumer Finance.

Announcement follows public statement by Company’s largest stockholder that it is evaluating the possibility of making a proposal to take HHH private

THE WOODLANDS, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc.

WINTER PARK, Fla., Aug. 08, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company”) today announced that it has entered into a purchase and sale agreement for the acquisition of a three-property portfolio (the “Three Property Portfolio”) for a purchase price of $137.5 million.

OLD GREENWICH, Conn., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP), (“Star Equity” or the “Company”), a diversified holding company, announced today that it will release its financial results for the second quarter endedJune 30, 2024,before the market opens onTuesday, August 13, 2024.

Achieves Double Digit Same Store NOI Growth, Record Services Margins for a Second Consecutive Quarter and Raises Full Year Earnings Guidance

ATLANTA, GA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc.

Not for distribution to U.S. newswire services or dissemination in the United States.

TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today released its second quarter 2024 results.

Second Quarter 2024 Revenue Totaled $12.5 Million, an Increase of 9.5% Year-Over-Year

Second Quarter 2024 Net Income Attributable to Common Stockholders Totaled $6.8 Million, Funds from Operations Totaled $10.5 Million, and Adjusted Funds from Operations Totaled $11.0 Million

Conference Call and Webcast Scheduled for August8, 2024, at 11 a.m.

GAAP Net Income of $0.4million

Normalized FFO of $0.34 Per Diluted Share

Office Same Store NOI Growth of 9.0% (GAAP) and 7.7% (Cash); Positive Office Renewal Spreads of 24.3% (GAAP) and 4.4% (Cash)Office Occupancy Increased to 94.3%

Positive Renewal Spreads on Retail Leases of 5.8% (GAAP) and 2.9% (Cash)

Positive Tradeouts on Multifamily Renewals of 4.3%

Maintained 2024 Full-Year Normalized FFO Guidance Range of $1.21 to $1.27 Per Diluted Share

VIRGINIA BEACH, Va.

JACKSONVILLE, Fla., Aug. 07, 2024 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH)

Second Quarter Highlights