Real Estate News

NEW YORK, March 15, 2023 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced that its Board of Directors (the “Board”) authorized the upsize of its previously announced common stock repurchase program such that common stock having an aggregate value of $200 million remains available for repurchase after giving effect to the upsize.

TYSONS, Va., March 15, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the Company has declared a first quarter cash dividend of $0.15 per share of common stock.

CHICAGO, March 15, 2023 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial mortgage real estate investment trust, announced that its board of directors has declared a regular quarterly cash dividend of $0.47 per share for the first quarter of 2023.

Q4 2022 revenues and gross profit increased 8.8% and 34.8%, respectively, compared to Q4 2021

Q4 2022 net income increased to $1.9 million from $4.4 million loss in Q4 2021

Q4 2022 adjusted EBITDA increased to $3.1 million from $1.0 million in Q4 2021

OLD GREENWICH, Conn.

NEW YORK, March 15, 2023 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today the appointment of Amy Sands as Executive Vice President, Head of Investments, effective May 8, 2023.

NEW YORK, March 13, 2023 (GLOBE NEWSWIRE) -- Greystone Property Management Corporation, an affiliate of commercial real estate firm Greystone, announced today it has earned the AMO® (Accredited Management Organization) accreditation from IREM (Institute of Real Estate Management).

FREEHOLD, NJ, March 13, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH), announced that on March 9, 2023, it entered into a $30 million revolving line of credit with Triad Financial Services secured by rental homes and rental home leases.