INDIANAPOLIS, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.24 per common share for the quarter ending December 31, 2022.
Real Estate News
Third Quarter 2022 Revenue Totaled $12.1 Million, an Increase of 50% Year-Over-Year
Third Quarter 2022 Net Income Attributable to Common Stockholders and Participating Securities totaled $6.5 Million FFO totaled $10.3 Million, and AFFO totaled $10.6 Million
Conference Call and Webcast Scheduled for November10, 2022, at 10a.m.
THE WOODLANDS, Texas, Nov. 03, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 532 homes in October 2022.
As of October 31, 2022, the Company had 92 active selling communities.
Partnership provides e-waste recycling for corporations on the move
Los Angeles, CA, Nov. 07, 2022 (GLOBE NEWSWIRE) -- NorthStar Moving® Company, the leading eco-luxury mover in California, announced today a new partnership with Homeboy Electronics Recycling, a certified and award-winning social enterprise providing proper disposal of IT assets.
NEW YORK, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance firm, announced that its affiliate, Greystone Commercial Mortgage Capital has formed a joint venture with Inlet Real Estate Capital to provide short-term, floating rate capital solutions for commercial real estate owners.
Global financial services leader increases total office commitment to 242,000 square feet at Thames Street Wharf
VIRGINIA BEACH, Va., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that it has finalized a lease extension and expansion with Morgan Stanley at the Company’s Thames Street Wharf office building in Baltimore’s Harbor Point neighborhood.
Net Income of $0.38 Per Diluted Share
Normalized FFO of $0.29 Per Diluted Share
Raised 2022 Full-Year Normalized FFO Guidance Range to $1.18 to $1.20 Per Diluted Share
Executed 78,000 SF of New Office Leases at Harbor Point and Town Center
Retail Occupancy Reached an All-Time High of 98%
Rental Rates on New Apartment Leases Increased Nearly 9%
VIRGINIA BEACH, Va.
LITTLE ROCK, Ark., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Finance and Investor Relations, Bill DiTullio, are scheduled to participate at Nareit’s REITworld 2022 Annual Conference on November 16, 2022 in San Francisco, CA.
JACKSONVILLE, Fla., Nov. 07, 2022 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH) –
Third Quarter Operational Highlights
41.6% increase in Pro-rata NOI ($6.24 million vs $4.41 million) over third quarter 20216.09% increase on renewals at Dock 798.06% increase on renewals at The Maren9.85% increase in mining royalty revenue over third quarter 202151.1% increase in Asset Management Revenue versus same period last yearRiverside achieved stabilization this quarter and is now part of our Stabilized JV segment.NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three and nine months ended September30, 2022.