Real Estate News

Fourth quarter 2024 GAAP net income of $1.9 million or $0.27 per basic weighted average common share and Distributable Earnings(1) of $2.0 million or $0.30 per basic weighted average common share

Year ended 2024 GAAP net income of $6.9 million or $1.01 per basic weighted average common share and Distributable Earnings(1) of $7.2 million or $1.07 per basic weighted average common share

WEST PALM BEACH, Fla.

Strategic Investment in Its Best Properties is Key Aspect of Macerich’s Path Forward Plan

Fourth Quarter 2024 Revenue totaled $12.5 MillionFull Year 2024 Revenue totaled $50.1 Million, an increase of 6.0% Year-Over-Year

Fourth Quarter 2024 Net Income Attributable to Common Stockholders totaled $6.0 Million, Funds From Operations totaled $9.9 Million, and Adjusted Funds From Operations totaled $10.9 MillionFull Year 2024 Net Income Attributable to Common Stockholders totaled $26.1 Million, Funds From Operations totaled $41.3 Million, and Adjusted Funds From Operations totaled $43.7 Million

Conference Call and Webcast Scheduled for March6, 2025 at 11 a.m.

THE WOODLANDS, Texas, March 05, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 351 homes in February 2025.

As of February 28, 2025, the Company had 150 active selling communities.

JACKSONVILLE, Fla., March 05, 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.

HOUSTON, March 06, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.045 per share on the Company's common shares and operating partnership units for the second quarter of 2025.

DALLAS, March 05, 2025 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”) today confirmed that its Board of Directors has received notice from Mill Road Capital III, L.P.

Hive MLS partners with SourceRE to create a new “data exchange”

Bill Fowler

Star Announces Preliminary Key Financial Metrics for Q4 2024

OLD GREENWICH, Conn., March 04, 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.