Achieves Double Digit Constant Currency Same Store NOI Growth
Record Services Margins for a Third Consecutive Quarter
Announces $148 Million Automation Development in Dallas-Fort Worth
ATLANTA, GA.
Real Estate News
CHICAGO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, today announced its results for the third quarter ended September 30, 2024.
FREEHOLD, NJ, Nov. 06, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended September 30, 2024 of $60.7 million, as compared to $56.0 million for the quarter ended September 30, 2023, representing an increase of 8%.
Implementing Comprehensive Restructuring and Cost Cutting Plan Expected to Save $15 - $20 million annually; John McLaren to Return to Company as President; CEO Gary Shiffman to Retire in 2025
Southfield, MI, Nov.
JACKSONVILLE, Fla., Nov. 06, 2024 (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.
Net Income per Diluted Share of $2.31 for the Quarter
Core FFO per Share of $2.34 for the Quarter
North America Same Property NOI increased by 0.5% for the Quarter and 3.6% for the First Nine Months of 2024 versus corresponding 2023 Periods
North America Same Property Adjusted Blended Occupancy for MH and RV of 98.8% represents a 160 basis point year-over-year increase
Revising Full-Year Core FFO per Share Guidance for 2024 to $6.76 - $6.84
Revising Full-Year North America Same Property NOI Growth Guidance for 2024 to 2.6% - 3.3% and Revising Full-Year UK Same Property NOI Growth Guidance Range to 7.1% - 8.7%
Establishing Preliminary Guidance for 2025 Rental Rate Increases of 5.2% for MH, 5.1% for Annual RV, and 3.7% for Marina in North America, and 3.7% for UK
Southfield, MI, Nov.
Acquisition of six communities in and around Greater Charlotte Region marks largest acquisition to date, growing portfolio by more than 30%
Mooresville, NC, Nov. 06, 2024 (GLOBE NEWSWIRE) -- FG Communities, whose mission is to preserve and improve affordable housing by acquiring and operating manufactured housing communities, is excited to announce its largest acquisition to date – a portfolio of six manufactured housing communities with approximately 280 homesites on 70 acres.
Reports 40% Sequential Revenue Growth and 58% Run Rate Annual Recurring Revenue (ARR) Growth
BOCA RATON, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Janover Inc.
SANTA MONICA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its Third Quarter 2024 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at www.macerich.com.
Dan Swanstrom Named as Chief Financial Officer of The Macerich Company
SANTA MONICA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) (the “Company” or “Macerich”) today announced that Daniel E.