Real Estate News

Net Income of $0.03 Per Diluted Share

Normalized FFO of $0.30 Per Diluted Share

Announced 3% Increase in the Quarterly Cash Dividend on Common Stock

Announced major off market, mixed-use acquisition of The Interlock in West Midtown, Atlanta

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

Same Store net operating income ("NOI") increased 4.3% on a GAAP basis and 5.3% on a cash basis

VIRGINIA BEACH, Va.

Southfield, MI, May 08, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (“Sun” or the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing and recreational vehicle communities and marinas today announced the release of its 2022 Environmental, Social and Governance (“ESG”) report.

CHICAGO, May 09, 2023 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial real estate finance company, today announced its results for the first quarter ended March 31, 2023.

NEW YORK, May 08, 2023 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $35,740,00 in HUD-insured loans to refinance two Supportive Living Facilities (SLF) in Illinois.

JACKSONVILLE, Fla., May 08, 2023 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ: FRPH) anticipates issuing its first-quarter earnings results on Wednesday, May 10, 2023.

Transformative, Value-Creating Disposition Positions Star Equity for Future Growth

OLD GREENWICH, Conn., May 05, 2023 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star Equity” or the “Company”), a diversified holding company, announced today it has completed the sale of Digirad Health, Inc.

Company to bolster established market presence with the immediately accretive transaction in the heart of Atlanta’s West Midtown

VIRGINIA BEACH, Va., May 05, 2023 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) entered into a definitive agreement to purchase The Interlock, a Class A mixed-use asset in Atlanta’s West Midtown.

NEW YORK, May 08, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (NASDAQ: SSIC) (“SSIC”) led and participated in the $35 million initial close of a senior secured credit facility to DreamFields Brands, Inc.

JACKSONVILLE, Fla., May 04, 2023 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency” or the “Company”) (Nasdaq: REG) today reported financial and operating results for the period ended March 31, 2023 and provided updated 2023 earnings guidance.

SAN FRANCISCO, May 04, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its quarter ended March31, 2023.