Real Estate News – Page 214

GRESB Real Estate Assessment Ranks Macerich #1, U.S. Retail, for 10th Consecutive Year

Leading Retail REIT Again Recognized by Respected Sustainability Assessment for Industry-Leading Commitment to Performance and ESG Practices

SANTA MONICA, Calif., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of major retail properties in top markets, has earned the #1 ranking among all U.S.

Landsea Homes Reports Third Quarter 2024 Results

Net income increased 29% to $11.1 million or $0.30 per share, a 36% increaseAdjusted net income increased 36% to $15.9 million or $0.44 per share, a 47% increaseHome sales revenue increased 26.2% to $325.6 millionNew home deliveries increased 40% to 629 homesNet new home orders of 626 increased 28.8%Home sales gross margin of 17.1%, adjusted home sales gross margin of 22.8%Book value per share of $18.27

DALLAS, Nov.

Ward Village® Welcomes Residents to Victoria Place® as Newest Residential Tower Opens in Acclaimed Howard Hughes Community in Honolulu

Seventh residential tower set unprecedented sales record for premier O‘ahu community

Victoria Place®, seventh residential tower in Ward Village®

Sunrise Realty Trust Commits $30.0 Million in a Senior Loan for Sixth & Rio Condominium Development in Fort Lauderdale

WEST PALM BEACH, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced that it has committed $30.0 million, of which the Company funded $3.6 million, to a $96.0 million senior loan for the development of the Sixth & Rio condominium project (the “Project”) in Fort Lauderdale, Florida.

Southern Realty Trust Commits $60.0 Million in a Senior Loan for Sixth & Rio Condominium Development in Fort Lauderdale

WEST PALM BEACH, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Southern Realty Trust Inc. (“SRT” or the “Company”) today announced that it has committed $60.0 million of a $96.0 million senior loan for the development of the Sixth & Rio condominium project (the “Project”) in Fort Lauderdale, Florida, with an affiliate holding a participation interest with respect to $30.0 million of SRT’s $60.0 million commitment.

Uniti Group Inc. Reports Third Quarter 2024 Results

Third Quarter Consolidated Bookings Monthly Recurring Revenue of $0.9 Million Increased Over 20% From Prior Year

Updates 2024 Outlook

Net Income of $12.2 Million for the Third QuarterNet Income of $0.05 Per Diluted Common Share for the Third QuarterAFFO of $0.33 Per Diluted Common Share for the Third Quarter

LITTLE ROCK, Ark.

Greystone Provides $33.3 Million in HUD-Insured Financing for Major Hospital System in Alabama

NEW YORK, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $33,250,000 HUD-insured LEAN 223(f) loan to refinance the Health Care Authority of the City of Anniston (RMC Health System), the leading healthcare provider for a five-county service area in Northeast Alabama.

Belpointe OZ Provides Initial Assessment on Hurricane Milton Impact

GREENWICH, CONNECTICUT, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ,” “we,” “us,” “our” or the “Company”), a publicly traded qualified opportunity fund, is pleased to report that Hurricane Milton inflicted no significant damage to our properties, Aster & Links, in Sarasota, Florida, and Viv, in St.

Flagship Communities Real Estate Investment Trust to Host Conference Call for Third Quarter 2024 Results

Not for distribution to U.S. newswire services or dissemination in the United States.

TORONTO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (TSX: MHC.U)(TSX:MHC.UN) (“Flagship” or the “REIT”) today announced that senior management will host a conference call on Thursday, November 14, 2024 at 8:30 a.m.

Uniti Group Inc. to Deliver Keynote Presentation at the 2024 INCOMPAS Show

LITTLE ROCK, Ark., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to deliver the keynote presentation at the 2024 INCOMPAS Show.