Real Estate News

Net Income of $0.13 Per Diluted Share

Normalized FFO of $0.32 Per Diluted Share

Completed the Off-Market, Mixed-Use Acquisition of The Interlock in Atlanta's West Midtown

Announced $50 Million Common and Preferred Stock Repurchase Program

Maintained 2023 Full-Year Normalized FFO Guidance Range of $1.23 to $1.27 Per Diluted Share

VIRGINIA BEACH, Va.

TYSONS, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the second quarter ended June30, 2023 and provided an operational update.

- Second Quarter 2023 Net Income of $0.04 Per Share -

- Second Quarter 2023 Adjusted Funds from Operations1 of $0.38 Per Share -

- Comparable Portfolio RevPAR Growth of 3.6% to the Second Quarter 2022 –

- Urban RevPAR Growth of 12.2% to the Second Quarter 2022 –

- New York City and Boston were the best performers in the Second Quarter 2023 -

PHILADELPHIA, Aug.

Last Year’s Inaugural ‘Give Back for BTS’ Program Impacted 20,000+ Students Nationwide

Retail Property Leader Heads into a Key Shopping Season with Optimism

SANTA MONICA, Calif.

Financial Highlights

NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three and six months ended June30, 2023.

TACOMA, Wash, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative real estate company involved in all aspects of the land development cycle, today announced the date of the Company's second quarter 2023 earnings release and presentation.

NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on single-tenant warehouse/distribution real estate investments, today announced results for the quarter ended June30, 2023.

The leading online real estate platform for Spain, Portugal and Italy extends multi-year agreement with Matterport to provide photo-realistic, 3D digital twins for market listings and co-develop innovative real estate solutions with Matterport SDK

SUNNYVALE, Calif.

HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the secondquarter of 2023.