Real Estate News

Landsea Homes Announces Closing of Secondary Common Stock Offering

DALLAS, March 08, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today the closing of its previously announced underwritten secondary offering by its largest stockholder, Landsea Holdings Corporation (the “Selling Stockholder”), of 2,434,783 shares of the Company’s common stock, at a price of $11.60 per share (before underwriting discounts and commissions), and the full exercise by the underwriters of their option to purchase an additional 365,217 shares the Company’s common stock (the “Offering”).

NewLake Capital Partners Reports Fourth Quarter and Full-Year 2023 Financial Results; Raises First Quarter 2024 Common Stock Dividend to $0.41 per Share

Fourth Quarter 2023 Revenue totaled $13.0 Million, an increase of 6.4% Year-Over-YearFull Year 2023 Revenue totaled $47.3 Million, an increase of 5.1% Year-Over-Year

Fourth Quarter 2023 Net Income Attributable to Common Stockholders totaled $7.0 Million, Funds From Operations totaled $10.7 Million, and Adjusted Funds From Operations totaled $10.8 MillionFull Year 2023 Net Income Attributable to Common Stockholders totaled $24.6 Million, Funds From Operations totaled $39.3 Million, and Adjusted Funds From Operations totaled $40.7 Million

The Company Repurchased 194,563 Shares of Common Stock During the Fourth Quarter 2023, Bringing Total Shares Repurchased to 908,394 for the Twelve Months of 2023

Conference Call and Webcast Scheduled for March11, 2024 at 11 a.m.

Landsea Homes Announces Secondary Common Stock Offering

DALLAS, March 05, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that its largest stockholder, Landsea Holdings Corporation (the “Selling Stockholder”), has commenced a secondary offering of 2,434,783 shares of the Company’s common stock (the “Offering”).

Landsea Homes Announces Pricing of Secondary Common Stock Offering

DALLAS, March 06, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today the pricing of the previously announced underwritten secondary offering by its largest stockholder, Landsea Holdings Corporation (the “Selling Stockholder”) of 2,434,783 shares of the Company’s common stock, at a price of $11.60 per share (before underwriting discounts and commissions) (the “Offering”).

FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results for the Fourth Quarter and Fiscal Year Ended December 31, 2023

JACKSONVILLE, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH)–

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

20.6% increase in pro-rata NOI ($7.55 million vs $6.26 million)42.9% increase in Industrial and Commercial revenue; 46.1% increase in Industrial and Commercial NOI

Fourth Quarter Consolidated Results of Operations

Net income for the fourth quarter of 2023 was $2,880,000 or $.30 per share versus $2,756,000 or $.29 per share in the same period last year.

Compare listings

Compare