Real Estate News

FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results for the Third Quarter and Nine Months Ended September 30, 2023

JACKSONVILLE, Fla., Nov. 08, 2023 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH) –

Third Quarter Operational Highlights (compared to the same quarter last year)

29.5% increase in pro-rata NOI ($8.09 million vs $6.24 million)Mining royalty revenue increased 24.7%; 19.2% increase in royalties per ton54.2% increase in Asset Management revenue; 58.2% increase in Asset Management NOI

Third Quarter Consolidated Results of Operations

Net income for the third quarter of 2023 was $1,259,000 or $.13 per share versus $480,000 or $.05 per share in the same period last year.

NewLake Capital Partners Reports Third Quarter 2023 Financial Results

Third Quarter 2023 Revenue Totaled $11.5 Million

Third Quarter 2023 Net Income Attributable to Common Stockholders Totaled $6.0 Million, Funds from Operations Totaled $9.6 Million, and Adjusted Funds from Operations Totaled $10.1 Million

The Company Repurchased 608,152 Shares of Common Stock During the Third Quarter 2023, Bringing Total Shares Repurchased to 713,831 for the First Nine Months of 2023

Conference Call and Webcast Scheduled for November 9, 2023, at 11 a.m.

La Rosa Enters into Strategic Referral Partnership with Janover

Partnership Expected to Expand La Rosa’s Commercial Loan and Brokerage Footprint

Celebration, FL, Nov. 08, 2023 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ:LRHC) (“La Rosa” or the “Company”), a holding company for seven agent-centric, technology-integrated, cloud-based, multi-service real estate companies, today announced that it has entered into a strategic referral partnership agreement with Janover Inc.

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