Real Estate News

The new development will create 54 affordable housing unitsfor seniors at 40% and 60% of area median income (AMI)

LEXINGTON, N.C., July 23, 2024 (GLOBE NEWSWIRE) -- BTR Communities Group, LLC, a North Carolina-based developer and owner of affordable housing, and WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, have begun construction on East Center Village, an all-new 3-story affordable housing development in central North Carolina.

RALEIGH, N.C., July 23, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2024 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link:

HIW Reports Second Quarter 2024 Results

About HighwoodsHighwoods Properties, Inc.

CEDARHURST, N.Y., July 23, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,950 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company’s Class A common stock in the amount of $0.24 per share.

VERO BEACH, Florida, July 23, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the August 2024 cash dividend for the Company's Common Stock.

VERO BEACH, Florida, July 23, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) announced today that it will provide an online, real‑time webcast of its conference call with equity analysts covering second quarter 2024 operating results on Thursday, July 25, 2024.

SAN DIEGO, July 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and six months ended June30, 2024.

Narrows 2024 Guidance

PHILADELPHIA, July 23, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) today reported its financial and operating results for the three and six-month periods ended June 30, 2024.

Seaport Entertainment Group to Trade on the NYSE American Stock Exchange

THE WOODLANDS, Texas, July 23, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc.

HAVERTOWN, Pa., July 23, 2024 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $6,690,000, or $1.25 per diluted share, for its 2024 fiscal year ended April 30, 2024 compared to net income of $21,790,000, or $4.11 per diluted share, for the same period of the prior year.

Vesper Holdings announces its acquisition of The Lex, a 649-bed student housing community located pedestrian to the University of Kentucky

New York, NY, July 23, 2024 (GLOBE NEWSWIRE) -- Vesper Holdings ("Vesper"), a privately-held real estate investment firm based in New York City, is pleased to announce its latest acquisition – The Lex located pedestrian to the University of Kentucky (“UK”).