Real Estate News

Dana Hamilton joins Opendoor Board of Directors

SAN FRANCISCO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced Dana Hamilton has been appointed to the Opendoor Board of Directors, effective immediately.

Landsea Homes Reports Third Quarter 2023 Results

Third Quarter 2023 Highlights

Net income attributable to Landsea Homes of $8.6 million, or $0.22 per diluted sharePretax income of $12.5 millionTotal revenue of $277.3 millionAdjusted Net Income of $11.7 million, or $0.30 per diluted shareNet new home orders of 486, an 89% year-over-year increaseAdjusted EBITDA of $28.7 millionBook value per share of $17.28Repurchased 1,392,000 shares of common stock for $13.7 million

DALLAS, Nov.

Uniti Group Inc. Reports Third Quarter 2023 Results

Reiterates 2023 Outlook for Consolidated Revenue, Adjusted EBITDA and AFFO

Net loss of $80.9 Million or $0.34 Per Diluted Common Share for the Third Quarter Due to Non-Cash ItemsConsolidated Revenue and Adjusted EBITDA Grew 2.7% and 3.5% for the Third Quarter, Respectively, from the Prior Year Third QuarterAFFO Per Diluted Common Share of $0.35 for the Third Quarter

LITTLE ROCK, Ark, Nov.

Armada Hoffler Reports Third Quarter 2023 Results

Net Income of $0.06 Per Diluted Share

Normalized FFO of $0.31 Per Diluted Share

Same Store NOI Growth of 4.4% (GAAP) and 5.9% (Cash)

Positive Renewal Spreads on Commercial Leases of 14.5% (GAAP) and 4.9% (Cash)

Maintained 2023 Full-Year Normalized FFO Guidance Range of $1.23 to $1.27 Per Diluted Share

VIRGINIA BEACH, Va.

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