NEW YORK, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $14,565,400 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan for the acquisition of a 144-unit multifamily property in Savannah, Georgia.
Real Estate News
Net Earnings per Diluted Share of $1.31 for the Quarter
Core FFO per Share of $2.57 for the Quarter Exceeded the High-End of Guidance Range
Total Same Property NOI Grew by 6.7% for the Quarter over the 2022 Period, Exceeding the High-End of Guidance Range by 220 Basis Points
Strong Demand and Effective Expense Management Continue to Drive Outperformance
Same Property Adjusted Occupancy for MH and RV Increased by 170 Basis Points, Year-over-Year
Transient-to-Annual RV Site Conversions of nearly 537 Sites for the Quarter and 1,815 for the Year-to-Date
Revising Full-Year Core FFO per Share Guidance for 2023 to $7.05 - $7.13
Increasing Guidance Range for Full-Year Total Same Property NOI Growth to 6.0% - 6.4%
Establishing Preliminary Guidance for 2024 Rental Rate Increases of 5.4% for MH, 6.5% for Annual RV, and 5.6% for Marina in North America, and 7.1% for UK
Southfield, MI, Oct.
TYSONS, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the trustee under the $725 million non-recourse CMBS loan (“Loan”), by and through its special servicer, filed a lawsuit against the borrower entities related to the cessation of payments on the Loan.
The unique digital application stack includes BrokerMatch.Ai, empowering brokerage firms to unlock nearly half a million dollars in real estate agent recruiting value every month
Lone Tree, Colo.
ARC Selects HqO to Transform Campus Experience and Supercharge Members’ Productivity and Performance
ARC’s new campus experience app powered by HqO is available across its four clusters, providing world-class amenities that deepen and strengthen its connection to over 10,000 members
LONDON, Oct.
Greenwich, CT, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ” or “the Company”), the first publicly traded Qualified Opportunity Fund, is issuing this press release to address the recent market volatility in its Class A units and the unit price decline.
Financial and Operating Highlights
Net loss attributable to common stockholders of $0.38 per share for the third quarter of 2023 as compared to net income of $0.11 per share for the same period in 2022.Bill Pankonin
Along with new capital, company leverages real estate experience insights from 1.7+ million people and 8,000+ workplaces to launch the REX Platform
BOSTON, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Addressing the secular shift in how, where, and when people interact with their professional and personal environments, HqO, the world’s leading real estate experience platform, announced today it has raised over $50 million in Series D funding to fuel the company’s mission to disrupt the real estate industry.
NEW YORK, Oct. 12, 2023 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) is scheduled to report financial results for the three and nine months ended September 30, 2023 after the close of market on November 1, 2023.