Achieves Double Digit Services Margins and Raises Annual Guidance
Fully Recovered Workforce Exceeds Pre-Covid Productivity
ATLANTA, GA., May 09, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc.
Real Estate News
Whitestone’s Turnaround Strategy Has Been Successful Under New Board / Leadership Team
Our Reset Strategy Has Momentum and the Market Is Recognizing Our Accomplishments
Do Not Let Erez Interrupt Our Momentum, Derail Our Strategy and Destroy Value
Glass Lewis and Egan Jones, Two Leading Proxy Advisory Firms, Both Recommended that Shareholders Vote "FOR ALL" of Whitestone's Board Nominees on the WHITE Proxy Card
HOUSTON, May 10, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it has issued a letter to shareholders related to the upcoming 2024 Annual Meeting of Shareholders scheduled to be held on May 14, 2024.
First Quarter 2024 Revenue Totaled $12.6 Million, an increase of 10.4% Year-Over-Year
First Quarter 2024 Net Income Attributable to Common Stockholders Totaled $6.9 Million, Funds from Operations Totaled $10.6 Million, and Adjusted Funds from Operations Totaled $11.0 Million
Conference Call and Webcast Scheduled for May9, 2024, at 11 a.m.
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced that its Low Income Housing Tax Credit (LIHTC) syndication platform, Greystone Real Estate Capital, has added Jay Reed as an Assistant Vice President, Tax Credit Underwriter.
Caption: ID Oakland Park Entranceway with Clubhouse and Pool Deck
OAKLAND PARK, Fla., May 09, 2024 (GLOBE NEWSWIRE) -- Ceiba Groupe’s newest multifamily development, ID Oakland Park, is now open and leasing.
Greystone is #3 Fannie Mae DUS® Lender Overall
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced that Senior Managing Director Dan Sacks has ranked as the #1 Multifamily Loan Originator for Fannie Mae’s Delegated Underwriting and Servicing (DUS®) platform for 2023.
IRVINE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, has closed WNC Institutional Tax Credit Fund 56, L.P.
WESTPORT, Conn., May 09, 2024 (GLOBE NEWSWIRE) -- Regency Centers has acquired the Compo Shopping Centers, a 76,000-square foot retail destination in the heart of Westport, Connecticut.
Net Income of $0.17 Per Diluted Share
Normalized FFO of $0.33 Per Diluted Share
Multifamily Same Store NOI Growth of 2.6% (GAAP) and 2.5% (Cash)
Positive Renewal Spreads on Commercial Leases of 11.5% (GAAP) and 3.7% (Cash)
Maintained 2024 Full-Year Normalized FFO Guidance Range of $1.21 to $1.27 Per Diluted Share
VIRGINIA BEACH, Va.
JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH)—
First Quarter Highlights and Recent Developments
130% increase in Net Income ($1.3 million vs $565,000)22% increase in pro-rata NOI ($8.53 million vs $6.99 million)92% increase in the Multifamily segment’s NOI36% increase in Industrial and Commercial revenue and 47% increase in that segment’s NOIExecutive Summary and Analysis
This quarter represented another meaningful step in the growth of this Company.