Real Estate News

Landsea Homes Reports Third Quarter 2023 Results

Third Quarter 2023 Highlights

Net income attributable to Landsea Homes of $8.6 million, or $0.22 per diluted sharePretax income of $12.5 millionTotal revenue of $277.3 millionAdjusted Net Income of $11.7 million, or $0.30 per diluted shareNet new home orders of 486, an 89% year-over-year increaseAdjusted EBITDA of $28.7 millionBook value per share of $17.28Repurchased 1,392,000 shares of common stock for $13.7 million

DALLAS, Nov.

Uniti Group Inc. Reports Third Quarter 2023 Results

Reiterates 2023 Outlook for Consolidated Revenue, Adjusted EBITDA and AFFO

Net loss of $80.9 Million or $0.34 Per Diluted Common Share for the Third Quarter Due to Non-Cash ItemsConsolidated Revenue and Adjusted EBITDA Grew 2.7% and 3.5% for the Third Quarter, Respectively, from the Prior Year Third QuarterAFFO Per Diluted Common Share of $0.35 for the Third Quarter

LITTLE ROCK, Ark, Nov.

Armada Hoffler Reports Third Quarter 2023 Results

Net Income of $0.06 Per Diluted Share

Normalized FFO of $0.31 Per Diluted Share

Same Store NOI Growth of 4.4% (GAAP) and 5.9% (Cash)

Positive Renewal Spreads on Commercial Leases of 14.5% (GAAP) and 4.9% (Cash)

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

VIRGINIA BEACH, Va.

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