Real Estate News

LXP Industrial Trust Announces Pricing of Public Offering of $300 Million of Senior Notes

NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (“LXP”), a real estate investment trust (“REIT”) focused on single-tenant warehouse/distribution real estate investments, today announced that it has priced an underwritten public offering of $300 million aggregate principal amount of 6.750% senior unsecured notes due November 15, 2028 at a price equal to 99.423% of the principal amount, to yield 6.888%.

Matterport Announces Third Quarter 2023 Financial Results Above Guidance, Raises 2023 Outlook

Q3 subscription revenue reached record $22.9 million, up 20% year-over-year Q3 total revenue of $40.6 million, above high end of guidance range Q3 GAAP loss per share of $0.15 and Non-GAAP loss per share of $0.04, above high end of guidance rangeQ3 cash used in operations improved 62% year-over-year Company raises 2023 revenue and Non-GAAP loss per share guidance

SUNNYVALE, Calif.

Dana Hamilton joins Opendoor Board of Directors

SAN FRANCISCO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced Dana Hamilton has been appointed to the Opendoor Board of Directors, effective immediately.

Landsea Homes Reports Third Quarter 2023 Results

Third Quarter 2023 Highlights

Net income attributable to Landsea Homes of $8.6 million, or $0.22 per diluted sharePretax income of $12.5 millionTotal revenue of $277.3 millionAdjusted Net Income of $11.7 million, or $0.30 per diluted shareNet new home orders of 486, an 89% year-over-year increaseAdjusted EBITDA of $28.7 millionBook value per share of $17.28Repurchased 1,392,000 shares of common stock for $13.7 million

DALLAS, Nov.

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