Real Estate News

New York Mortgage Trust Announces Repositioning Away from Multi-Family Joint Venture Equity Portfolio

NEW YORK, Sept. 23, 2022 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) has approved a strategic repositioning of its business by opportunistically disposing of the Company’s joint venture equity interests in multi-family properties over time and reallocating its capital away from such assets to its targeted assets.

WashREIT Issues 2023 Guidance and Provides Operating Update

Delivers strong operating performance through peak leasing season

Expects 14% Core FFO Growth in 2023

WASHINGTON, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT" or the “Company”) (NYSE: WRE) today announced 2023 Core FFO guidance of $0.96 to $1.04 per share, which excludes the impact of any acquisitions beyond the $125 million that is expected to be completed this year.

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