NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $20,301,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) Green Rewards loan to refinance an 87-unit multifamily property in North Ogden, Utah.
Real Estate News
Fourth Quarter 2022 Revenue Totaled $12.2 Million, an increase of 35.7% Year-Over-Year
Full Year 2022 Revenue Totaled $44.8 Million, an increase of 59.6% Year-Over-Year
Fourth Quarter 2022 Net Income Attributable to Common Stockholders totaled $6.7 Million, Funds From Operations totaled $10.5 Million, and Adjusted Funds From Operations totaled $10.9 MillionFull Year 2022 Net Income Attributable to Common Stockholders totaled $22.0 Million, Funds From Operations totaled $35.2 Million, and Adjusted Funds From Operations totaled $38.7 Million
Conference Call and Webcast Scheduled for March9, 2023 at 10 a.m.
NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced that it has completed the previously announced one-for-four reverse stock split (the “Reverse Stock Split”) of its issued, outstanding and authorized shares of common stock, par value $0.01 per share (the “Common Stock”), effective at 12:01 a.m.
TACOMA, Wash, March 09, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative real estate company involved in all aspects of the land development cycle, today announced that it anticipates receiving engineering approval in the fourth quarter of 2023 for the first phase of Grandis Pond, a 438-acre master-planned community in Blaine, Washington.
CHICAGO, March 09, 2023 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial real estate finance company, today announced its results for the fourth quarter and year ended December 31, 2022.
PARAMUS, N.J., March 08, 2023 (GLOBE NEWSWIRE) -- Alexander’s, Inc. (NYSE: ALX) announced today that it has entered into an agreement to sell the Rego Park III land parcel adjacent to its Rego Park II shopping center, located in Queens, New York, for $71million inclusive of consideration for Brownfield tax benefits and reimbursement of costs for plans, specifications and improvements to date.
Fourth Quarter 2022 Highlights
Home sales revenue increased 25% year-over-year to $417.5 millionTotal homes delivered increased 32% to 703 homesNet income of $25.6 million, or $0.62 per diluted shareFull Year 2022 Highlights
Home sales revenue increased 49% to $1.4 billionTotal homes delivered increased 45% to 2,370 homesNet income of $73.6 million, or $1.70 per diluted shareYear-end book value per share of $16.04NEWPORT BEACH, Calif.
Red Rock Village features a stunning lineup of single-family homes priced from the low-$300s
The Snowflake plan by LGI Homes
WINTER PARK, Fla., March 07, 2023 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today provided an update on its recent operating and transaction activities:
Year-to-date, signed 17 leases totaling 131,793 square feet at an average cash base rent of $20.69 per square foot.INDIANAPOLIS, March 07, 2023 (GLOBE NEWSWIRE) -- Becknell Industrial announced today financial results for the year ending December 31, 2022.
Mark Shapland, Chief Executive Officer and President, said, “This past year presented a myriad of challenges to navigate - from continued inflationary pressure to uncertainty in capital markets.