Real Estate News

Delivers Strong Operational Results and Raises Annual Guidance

With Three Consecutive Quarters of Record Economic Occupancy, Americold Shifts Focus to Growth

ATLANTA, GA, Aug.

77-Acre Villa Rental Resort Will Boast Spacious Units, Luxe Amenities, and Proximity to Key Tourism Hubs, Including Universal Studios’ Forthcoming “Epic Universe”

NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, announced today that it has originated a $240 million mortgage loan to Baseline Property Group and JSB Capital Group for the acquisition of a 526-unit vacation resort property located on International Drive—a high-traffic tourism hub in Orlando, Florida.

JACKSONVILLE, Fla., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency” or the “Company”) (Nasdaq: REG) today reported financial and operating results for the period ended June 30, 2023 and provided updated 2023 earnings guidance.

NASHVILLE, Tenn., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three months ended June 30, 2023.

THE WOODLANDS, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 587 homes in July 2023.

As of July 31, 2023, the Company had 103 active selling communities.

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.

TYSONS, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the second quarter ended June30, 2023 and provided an operational update.

- 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.

Last Year’s Inaugural ‘Give Back for BTS’ Program Impacted 20,000+ Students Nationwide

Retail Property Leader Heads into a Key Shopping Season with Optimism

SANTA MONICA, Calif.