TACOMA, Wash, March 09, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative real estate company involved in all aspects of the land development cycle, today announced that it anticipates receiving engineering approval in the fourth quarter of 2023 for the first phase of Grandis Pond, a 438-acre master-planned community in Blaine, Washington.
Real Estate News
CHICAGO, March 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 fourth quarter and year ended December 31, 2022.
PARAMUS, N.J., March 08, 2023 (GLOBE NEWSWIRE) -- Alexander’s, Inc. (NYSE: ALX) announced today that it has entered into an agreement to sell the Rego Park III land parcel adjacent to its Rego Park II shopping center, located in Queens, New York, for $71million inclusive of consideration for Brownfield tax benefits and reimbursement of costs for plans, specifications and improvements to date.
Fourth Quarter 2022 Highlights
Home sales revenue increased 25% year-over-year to $417.5 millionTotal homes delivered increased 32% to 703 homesNet income of $25.6 million, or $0.62 per diluted shareFull Year 2022 Highlights
Home sales revenue increased 49% to $1.4 billionTotal homes delivered increased 45% to 2,370 homesNet income of $73.6 million, or $1.70 per diluted shareYear-end book value per share of $16.04NEWPORT BEACH, Calif.
Red Rock Village features a stunning lineup of single-family homes priced from the low-$300s
The Snowflake plan by LGI Homes
WINTER PARK, Fla., March 07, 2023 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today provided an update on its recent operating and transaction activities:
Year-to-date, signed 17 leases totaling 131,793 square feet at an average cash base rent of $20.69 per square foot.INDIANAPOLIS, March 07, 2023 (GLOBE NEWSWIRE) -- Becknell Industrial announced today financial results for the year ending December 31, 2022.
Mark Shapland, Chief Executive Officer and President, said, “This past year presented a myriad of challenges to navigate - from continued inflationary pressure to uncertainty in capital markets.
JACKSONVILLE, Fla., March 07, 2023 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH) –
Fourth Quarter Operational Highlights
58.2% increase in pro-rata NOI ($6.26 million vs $3.96 million) over fourth quarter 20218.89% increase in rent on renewals at Dock 79 and 11.14% increase in rent on renewals at The Maren28.1% increase in mining royalty revenue over fourth quarter 202151.7% increase in Asset Management revenue versus same period last yearSale of Hickory Creek for $8.83 million on an investment of $6 millionDeal signed with Steuart Investment Company (SIC) and MidAtlantic Realty Partners (MRP) for development of ten mixed-use projects in Capitol Riverfront and Buzzard Point submarkets of Washington, DC including sale of 20% ownership interest in tenancy-in-common (TIC) of Dock 79 and The Maren for $65.3 million, $44.5 million attributable to the CompanyFourth Quarter Consolidated Results of Operations
Net income for the fourth quarter of 2022 was $2,756,000 or $.29 per share versus a net loss of $(592,000) or $(.06) per share in the same period last year.
Southfield, MI, March 08, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (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 (collectively, the "properties"), today announced the dates for its first quarter 2023 earnings release and conference call.
NEW YORK, March 08, 2023 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp.(“SSIC” or the “Company”), a specialty finance company that was formed to invest across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies, today announced it will report financial results for its fiscal year ended December 31, 2022, pre-market open on Friday, March 31, 2023.