Real Estate News

Janover Inc. Announces Closing of $5.65 Million Initial Public Offering

Boca Raton, FL, July 27, 2023 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), a B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch, today announced that it has closed its previously announced initial public offering of 1,412,500 shares of common stock at a public offering price of $4.00 per share for aggregate gross proceeds of approximately $5.65 million, prior to deducting underwriting discounts, commissions, and other offering expenses.

Sun Communities, Inc. Reports 2023 Second Quarter and Year-to-Date Results

Net Earnings per Diluted Share of $0.72 for the Quarter Increased by 18% Year-over-Year

Core FFO per Share of $1.96 for the Quarter, in line with Guidance

Same Property NOI Grew by 6.3% and 6.5%, for the Quarter and Year-to-Date over the 2022 Periods;Strong Demand and Effective Expense Management Drove Outperformance

Same Property Adjusted Occupancy for MH and RV Increased by 170 Basis Points, Year-over-Year

Solid Transient-to-Annual RV Site Conversions of over 750 Sites

Revising Full-Year Core FFO per Share Guidance for 2023 to $7.09 - $7.23

Increasing Guidance for Total Same Property NOI Growth to 5.3% - 6.1%

Southfield, MI, July 26, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc.

Olivia Bartel Leigh of Macerich Named to GlobeSt.com Women of Influence Class of 2023

Macerich EVP Portfolio Operations and People Honored as a Top CRE Executive

SANTA MONICA, Calif., July 27, 2023 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today announced that Olivia Bartel Leigh, Executive Vice President, Portfolio Operations and People at Macerich, has been named to GlobeSt.com’s Women of Influence Class of 2023.

NewLake Capital Partners to Host Second Quarter 2023 Earnings Call on August 10th at 11:00 a.m. ET

NEW CANAAN, Conn., July 26, 2023 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it plans to host a conference call and report its financial results for the second quarter ended June 30, 2023 on Thursday, August 10, 2023.

AMREP Reports Fiscal 2023 Results

HAVERTOWN, Pa., July 25, 2023 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $21,790,000, or $4.11 per diluted share, for its 2023 fiscal year ended April 30, 2023 compared to net income of $15,862,000, or $2.21 per diluted share, for the same period of the prior year.

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