NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided an $11,050,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan for a 135-unit multifamily property in Meridien, Connecticut.
Real Estate News
The Ashley by LGI Homes at Stagecoach Station
Well positioned for growth with cash and cash equivalents of $21.4million and no outstanding debt
Consolidated gross profit increased by 7.5% in Q2 2023 versus Q2 2022
OLD GREENWICH, Conn.
NEW YORK, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp.(“Silver Spike” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments primarily in the form of direct loans to privately held cannabis companies, today announced its financial results for the quarter ended June30, 2023.
NEW YORK, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $20.9 million Fannie Mae Multifamily Affordable Housing (MAH) loan for the acquisition of Parkside Place, a 321-unit, income and rent-restricted garden apartment complex located in Pasadena, Texas.
Annual Awards Program Recognizes Innovation in the Global Real Estate Technology Industry
BOSTON, Aug. 10, 2023 (GLOBE NEWSWIRE) -- HqO, the world’s leading real estate experience platform, today announced it has been selected as Real Estate Analytics Platform Of The Year in the annual PropTech Breakthrough Awards program conducted by PropTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout real estate technology companies, products, and services around the globe.
TACOMA, Wash., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), a real estate company involved in all aspects of the land development cycle, today announced its financial results for the second quarter and six months ended June30, 2023.
Second Quarter 2023 Revenue Totaled $11.4 Million, an Increase of 8.2% Year-Over-Year
Second Quarter 2023 Net Income Attributable to Common Stockholders Totaled $5.8 Million, Funds from Operations Totaled $9.5 Million, and Adjusted Funds from Operations Totaled $9.9 Million
The Company Repurchased 56,372 Shares of Common Stock During the Second Quarter 2023
Conference Call and Webcast Scheduled for August 10, 2023, at 11a.m.
DROPBOX: https://www.dropbox.com/scl/fo/n10xmpy3hhu8ef15g6bq2/h?rlkey=zx053fcgy0ui9idcpavlrg4jm&dl=0
PHOTO CREDIT: Drone Media Solutions
CHARLOTTE, N.C., Aug. 09, 2023 (GLOBE NEWSWIRE) -- The Regent at Eastover, a private enclave of 32 luxury residences situated in one of Charlotte’s most distinguished neighborhoods is more than 50% sold out.
JACKSONVILLE, Fla., Aug. 09, 2023 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH) –
Second Quarter Operational Highlights
16.3% increase in pro-rata NOI ($7.61 million vs $6.55 million) over second quarter 2022Mining royalties’ highest second quarter ever in terms of revenue; royalty revenue increased 13.2% over second quarter 2022; 9.9% increase in royalties per ton55.7% increase in Asset Management revenue versus same period last year; 23.8% increase in Asset Management NOI versus second quarter 2022Second Quarter Consolidated Results of Operations
Net income for the second quarter of 2023 was $598,000 or $.06 per share versus $657,000 or $.07 per share in the same period last year.