Real Estate News – Page 220

Madison Realty Capital Provides Catalfumo Companies with $340 Million Construction Loan for The Ritz-Carlton Residences, Palm Beach Gardens

Marks major milestone for a transformational legacy development in Palm Beach Gardens

NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- Catalfumo Companies, led by Daniel Catalfumo today announced that it has secured a $340 million loan from Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, to finance the construction of The Ritz Carlton Residences, Palm Beach Gardens.

LGI Homes, Inc. Reports April 2023 Home Closings

THE WOODLANDS, Texas, May 03, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 557 homes in April 2023.

As of April 30, 2023, the Company had 103 active selling communities.

Uniti Group Inc. Reports First Quarter 2023 Results

Updates 2023 Outlook

Net Loss of $19.2 Million or $0.08 Per Diluted Common Share for the First Quarter Due to One-Time ItemsRevenue and Adjusted EBITDA Grew 4.2% and 2.9% for the First Quarter, Respectively, from the Prior Year First QuarterAFFO Per Diluted Common Share of $0.39 for the First Quarter

LITTLE ROCK, Ark.

Harbor Custom Development, Inc. Announces Date of First Quarter 2023 Earnings Release and Earnings Conference Call

TACOMA, Wash, May 04, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. ("Harbor," "Harbor Custom Homes®," or the "Company"), (NASDAQ: HCDI; HCDIP; HCDIW, HCDIZ), an innovative real estate company involved in all aspects of the land development cycle, today announced the date of the Company's first quarter 2023 earnings release and earnings conference call.

Star Equity Holdings, Inc. to Release First Quarter 2023 Financial Results on May 15th

OLD GREENWICH, Conn., May 04, 2023 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP), (“Star Equity” or the “Company”), a diversified holding company, announced today that it will release its financial results for the first quarter endedMarch 31, 2023,before the market opens onMonday, May 15, 2023.

eXp World Holdings Reports Q1 2023 Results

Positive Net Income of $1.5 Million; Agent Count Grew 12% Year Over Year to More Than 87,000 Agents in 24 Global Markets; International Achieves Record Revenue, Increasing 52% Year Over Year

Whitestone REIT Reports First Quarter 2023 Results

HOUSTON, May 02, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the firstquarter of 2023.

LXP Industrial Trust Reports First Quarter 2023 Results

NEW YORK, May 03, 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 March31, 2023.

eXp Realty Announces Expanded Leadership in the Caribbean and Latin American Regions

eXp Realty announces two new leaders: Victor Goytia, Director, Puerto Rico, Panama and the Dominican Republic and Virginia Restrepo, Director, Chile and Colombia

Landsea Homes Reports First Quarter 2023 Results

First Quarter 2023 Highlights

Total revenue of $241.7 millionPretax income of $5.7 millionFirst quarter net income of $3.2 million, or $0.08 per diluted shareHome sales gross margin of 18.1%Total homes delivered of 472Net new home orders of 498 with an order value of $282.5 millionQuarter-end homes in backlog of 696 for a total of $422.9 million

DALLAS, May 03, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded homebuilder, reported financial results for the first quarter ended March31, 2023.