Real Estate News

Armada Hoffler Reports Second Quarter 2023 Results

Net Income of $0.13 Per Diluted Share

Normalized FFO of $0.32 Per Diluted Share

Completed the Off-Market, Mixed-Use Acquisition of The Interlock in Atlanta's West Midtown

Announced $50 Million Common and Preferred Stock Repurchase Program

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

VIRGINIA BEACH, Va.

Hersha Hospitality Trust Announces Second Quarter 2023 Results

- Second Quarter 2023 Net Income of $0.04 Per Share -

- Second Quarter 2023 Adjusted Funds from Operations1 of $0.38 Per Share -

- Comparable Portfolio RevPAR Growth of 3.6% to the Second Quarter 2022 –

- Urban RevPAR Growth of 12.2% to the Second Quarter 2022 –

- New York City and Boston were the best performers in the Second Quarter 2023 -

PHILADELPHIA, Aug.

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