HAVERTOWN, Pa., July 25, 2023 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $21,790,000, or $4.11 per diluted share, for its 2023 fiscal year ended April 30, 2023 compared to net income of $15,862,000, or $2.21 per diluted share, for the same period of the prior year.
Real Estate News
CHICAGO, July 26, 2023 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial mortgage real estate investment trust, announced details for the release of its results for the second quarter ended June 30, 2023.
VERO BEACH, Florida, July 26, 2023 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the August 2023 cash dividend for the Company's Common Stock.
NEW YORK, July 17, 2023 (GLOBE NEWSWIRE) -- Greystone Monticello, a bridge lending platform intended to serve as a one-stop-shop provider of capital finance products and services for the multifamily and senior housing sectors, has provided bridge financing towards the $150 million acquisition of a portfolio of eight Supportive Living Facilities (SLF) located across the state of Illinois.
TACOMA, Wash, July 18, 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, announced the internal promotion of four of The Company’s leadership team, including Yoshi Niino, Kyla Sawtell, Mark Long, and Jennifer Lang.
Atlanta, July 18, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM) today announced that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has commenced a cash tender offer to purchase any and all of its outstanding 4.450% senior notes due 2024 (the “notes”) for the consideration described below.
DALLAS, July 18, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”) announced today that it has entered into a note purchase agreement (“the Note Purchase Agreement”) with various investors, including funds and accounts managed by BlackRock Financial Management Inc.
NAPLES, Fla., July 18, 2023 (GLOBE NEWSWIRE) -- Premier Sotheby's International Realty, a leading luxury real estate brokerage firm, is pleased to announce the appointment of Terrence Cook as the managing broker of its Sarasota and Lakewood Ranch offices and Champ Claris as the managing broker of its Lake Norman—Cornelius and Lake Norman—Mooresville offices.
NEW YORK, July 18, 2023 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $42,257,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan for a 286-unit multifamily property in Louisville, Kentucky.
NEW YORK, July 19, 2023 (GLOBE NEWSWIRE) -- Greystone Monticello, a bridge lending platform intended to serve as a one-stop shop provider of capital finance products and services for the multifamily and senior housing sectors, announced the closing of a $23 million bridge loan for the acquisition of a 176-unit multifamily property in Bedford, Texas.