Real Estate News

Postal Realty Trust Declares First Quarter 2024 Dividend

CEDARHURST, N.Y., April 30, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company’s Class A common stock in the amount of $0.24 per share.

Postal Realty to Participate in the BMO Annual Real Estate Conference

CEDARHURST, N.Y., April 30, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that Andrew Spodek, Chief Executive Officer, Jeremy Garber, President, and Robert Klein, Chief Financial Officer, will participate in the BMO Annual Real Estate Conference at the InterContinental Barclay New York on Wednesday, May 8, 2024.

Landsea Homes Reports First Quarter 2024 Results

First Quarter 2024 Highlights

First quarter net new home orders of 612, a 23% year-over-year increaseTotal revenue of $294.0 million, driven by 505 home closings at an average price of $579,000Adjusted EBITDA of $17.0 millionBook value per share of $17.92Repurchased approximately 534,000 shares of common stock for $6.4 million

DALLAS, May 01, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded homebuilder, reported financial results for the first quarter ended March31, 2024.

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