Real Estate News – Page 278

FRP Holdings, Inc. (Nasdaq: FRPH) Announces Results For The First Quarter Ended March 31, 2023

JACKSONVILLE, Fla., May 10, 2023 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH)

First Quarter Operational Highlights

34.9% increase in pro-rata NOI ($6.99 million vs $5.18 million) over first quarter 2022Mining Royalties had its highest revenue quarter ever for the second quarter in a row; 10.77% increase in royalties per ton27.5% increase in Asset Management revenue versus same period last year; 60.6% increase in Asset Management NOI versus first quarter 2022

First Quarter Consolidated Results of Operations

Net income for the first quarter of 2023 was $565,000 or $.06 per share versus $672,000 or $.07 per share in the same period last year.

Uniti Launches 100G+ MPLS Core Network to Enhance Capacity and Speed to Market

LITTLE ROCK, Ark., May 11, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today the deployment of a 100G+ MPLS Core that extends throughout the majority of its Southeastern fiber footprint, including Louisiana, Mississippi, Georgia, Alabama and Florida.

Greystone Provides $32 Million in Fannie Mae DUS® Financing for Multifamily Property in Houston, Texas

NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $32,173,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan for a 412-unit multifamily property in Humble, Texas.

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2023

FREEHOLD, NJ, May 09, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended March 31, 2023 of $52.6 million as compared to $45.9 million for the quarter ended March 31, 2022, representing an increase of 15%.

Harbor Custom Development, Inc. Announces Buyer Waives All Contingencies on $14,250,000 Sale of Townhomes

Mills Crossing will provide affordable housing to Kitsap County area residents.

TACOMA, Wash, May 10, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc.

NewLake Capital Partners Reports First Quarter 2023 Financial Results

First Quarter 2023 Revenue Totaled $11.4 Million, an increase of 12.3% Year-Over-Year

First Quarter 2023 Net Income Attributable to Common Stockholders totaled $5.9 Million, Funds From Operations totaled $9.5 Million, and Adjusted Funds From Operations totaled $9.9 Million

First Quarter 2023 the Company repurchased 49,307 shares of common stock

Conference Call and Webcast Scheduled for May10, 2023, at 11a.m.

Star Equity Fund Issues Open Letter to Board of Superior Drilling Products

Believes SDPI Should Conduct Strategic ReviewCalls on Board to Put Measures up for a Shareholder VoteRecommends Shareholders Vote “WITHHOLD” on Iverson

OLD GREENWICH, Conn., May 09, 2023 (GLOBE NEWSWIRE) -- Star Equity Fund, LP and affiliates (“Star Equity”, “we”, “us”, “our”), an 11.7% shareholder of Superior Drilling Products, Inc.

Matterport Announces First Quarter 2023 Financial Results

Q1 total revenue of $38.0 million, up 33% year-over-year and above high end of guidance rangeQ1 subscription revenue reached record $19.8 million, above high end of guidance range Q1 GAAP loss per share of $0.18 and Non-GAAP loss per share of $0.07, $0.03 better than the midpoint of guidance rangeStrong balance sheet with $456 million in cash and investments and no debtCompany raises 2023 guidance driven by strong customer adoption and continued focus on operating efficiency

SUNNYVALE, Calif.

Almost Seven in 10 Metro Areas Posted Home Price Gains in the First Quarter of 2023

Infographic

Q1 2023 Metro Home Prices

Armada Hoffler Announces 3% Increase in Quarterly Cash Dividend on Common Shares

VIRGINIA BEACH, Va., May 08, 2023 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that its Board of Directors declared the cash dividend of $0.195 per common share, representing a 3% increase over the prior quarter’s dividend.