Real Estate News

Hersha Hotels and Resorts Announces Dividend Classification for 2023

PHILADELPHIA, Dec. 26, 2023 (GLOBE NEWSWIRE) -- Hersha Hotels and Resorts (“Hersha” or “the Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced the tax classification of Hersha Hospitality Trust’s (“HHT”) Priority Class A Common Share (“Common Shares”), Series C Cumulative Redeemable Preferred Share (“Series C Preferred Shares”), Series D Cumulative Redeemable Preferred Share (“Series D Preferred Shares”) and Series E Cumulative Redeemable Preferred Share (“Series E Preferred Shares”) distributions for 2023 for Federal income tax reporting purposes.

La Rosa Acquires Fifth Real Estate Brokerage Franchisee with Revenue of $3.6 Million and Positive Net Income in 2022

Targeting $100 million of annualized revenue as a 2024 exit run rate

Celebration, FL, Dec. 27, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ:LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has acquired a 51% interest in the Company’s franchisee - La Rosa Realty Orlando, LLC (“Realty Orlando”) located in Orlando, Florida.

HqO Further Propels Global Commercial Real Estate Transformation with Launch of ‘Best Spaces to Work in London’

World’s First Certification Programme for Unparalleled Workplace Experiences

LONDON, Jan. 03, 2024 (GLOBE NEWSWIRE) -- HqO, the world’s leading real estate experience platform, today announced the launch of ‘2024 Best Spaces to Work in London’, the only recognition and certification programme dedicated to scoring and validating end-user real estate experiences in spaces across the city.

Presidio Regains Compliance with Nasdaq Minimum Bid Price Requirement

SAN DIEGO, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Presidio Property Trust, Inc. (“Presidio” or the “Company”) (NASDAQ: SQFT; SQFTP; SQFTW), an internally managed, diversified real estate investment trust (“REIT”), today announced that it has received formal notice from the Nasdaq Stock Market, LLC ("Nasdaq") stating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).

La Rosa Acquires Fourth Real Estate Brokerage Franchisee with Revenue of $2.7 Million and Positive Net Income in 2022

Targeting $100 million of annualized revenue as a 2024 exit run rate

Celebration, FL, Dec. 20, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ:LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has acquired a 51% interest in the Company’s franchisee - La Rosa Realty Premier, LLC (“Realty Premier”) located in Orlando, Florida.

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