Real Estate News

Matterport Announces Fourth Quarter and Full Year 2023 Financial Results Demonstrating Strong Recurring Revenue Growth and Reaffirms 2024 Profitability Target

Q4 Annualized Recurring Revenue hits record $94.7 million, up 23% year-over-year Q4 net loss improved 27% year-over-year; Non-GAAP net loss improved 55% year-over-yearQ4 cash used in operating activities improved 46% year-over-yearQ4 Net Dollar Expansion rate of 109% reaches highest level in two years FY2023 total subscribers up 34% from prior yearFY2023 square feet under management up 36% from prior year

SUNNYVALE, Calif.

SL Green Realty Corp. to Participate in the 2024 Citi Global Property CEO Conference

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), New York City’s largest office landlord, today announced that Marc Holliday, Chairman and Chief Executive Officer, Matt DiLiberto, Chief Financial Officer, and Harrison Sitomer, Chief Investment Officer, will participate in a roundtable discussion at Citi’s 2024 Global Property CEO Conference on Monday, March 4, 2024 at 9:35 AM ET.

Armada Hoffler Announces 5% Increase in Quarterly Cash Dividend on Common Shares

VIRGINIA BEACH, Va., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that its Board of Directors declared the cash dividend of $0.205 per common share, representing a 5% increase over the prior quarter’s dividend.

Holiday Island Holdings, Inc. Secures a Letter of Intent to Enter Into a Joint Venture With a Highly Experienced International Oil Company to Drill for Oil in Texas

PLANT CITY, Fla., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Holiday Island Holdings, Inc., dba EP3OIL, (OTC: HIHI) – operating in the Secondary Recovery of Oil & Gas Industry – has accepted a Letter of Intent to enter into a Joint Venture wherein it will receive $2.5 million from a highly experienced international oil company - Supeca Oil - to develop the Drummond Oil Field located in West Texas.

Silver Spike Investment Corp. Announces a Broadening of Its Investment Strategy

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”) (Nasdaq: SSIC), a specialty finance company that has elected to be treated as a business development company, today announced that the board of directors of Silver Spike has unanimously approved an expansion of Silver Spike’s investment strategy to permit investments in companies outside of the cannabis and health and wellness sectors that otherwise meet the Company’s current investment criteria.

LGI Homes, Inc. Reports Fourth Quarter and Full Year 2023 Results and Issues Guidance for 2024

THE WOODLANDS, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the fourth quarter and year ended December31, 2023.

Silver Spike Investment Corp. Announces Agreement to Acquire Loan Portfolio From Chicago Atlantic

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (the “Company”) (Nasdaq: SSIC), a specialty finance company that has elected to be treated as a business development company, today announced that it entered into a definitive agreement with Chicago Atlantic Loan Portfolio, LLC (“CALP”) for the purchase (the “Loan Portfolio Acquisition”) from CALP of a sizeable portfolio of loans (the “CALP Loan Portfolio”).

Healthcare Realty Trust Reports Results for the Fourth Quarter

NASHVILLE, Tenn., Feb. 16, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the fourth quarter ended December31, 2023. The Company reported net income (loss) attributable to common stockholders of $(40.5) million, or $(0.11) per diluted common share, for the quarter ended December31, 2023.

Sun Communities, Inc. Appoints Jerry Ehlinger and Craig Leupold to Board of Directors

Enters Into Cooperation Agreement with Land & Buildings

Southfield, MI, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company” and “Sun”) announced today that Jerry Ehlinger and Craig A.

Ryman Hospitality Properties, Inc. to Present Virtually at the Wolfe Research 4th Annual Real Estate Conference – Thursday, February 29, 2024, 4 p.m. ET

NASHVILLE, Tenn., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc.(NYSE: RHP) (“RHP”), a leading lodging and hospitality real estate investment trust that specializes in group-oriented, upscale convention center resorts and country music entertainment experiences, announced today it will present virtually to investors attending theWolfe Research 4th Annual Real Estate Conference onThursday, February 29, at4 p.m.