Real Estate News

Landsea Homes Reports First Quarter 2024 Results

First Quarter 2024 Highlights

First quarter net new home orders of 612, a 23% year-over-year increaseTotal revenue of $294.0 million, driven by 505 home closings at an average price of $579,000Adjusted EBITDA of $17.0 millionBook value per share of $17.92Repurchased approximately 534,000 shares of common stock for $6.4 million

DALLAS, May 01, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded homebuilder, reported financial results for the first quarter ended March31, 2024.

Holiday Island Holdings, Inc. Puts the LOI With Supeca Oil Trading USA, LLC on Hold and Pledges to Continue Working on This and Other Projects

PLANT CITY, Fla., April 25, 2024 (GLOBE NEWSWIRE) -- Holiday Island Holdings, Inc. (OTC: HIHI), pending name change to EP3OIL, Inc., as previously announced on February 20, 2024, HIHI entered into a Letter of Intent with Supeca Oil Trading USA, LLC wherein Supeca agreed to fully fund ($2,500,000) the acquisition and development of an oil field located in Central Texas known as the Drummond Oil Field.

Postal Realty Trust, Inc. to Report First Quarter 2024 Financial Results on May 7, 2024

CEDARHURST, N.Y., April 19, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that it will report its financial results for the period ended March 31, 2024, on Tuesday, May 7, 2024, after market close.

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