Real Estate News

Uniti Group Inc. Reports Third Quarter 2023 Results

Reiterates 2023 Outlook for Consolidated Revenue, Adjusted EBITDA and AFFO

Net loss of $80.9 Million or $0.34 Per Diluted Common Share for the Third Quarter Due to Non-Cash ItemsConsolidated Revenue and Adjusted EBITDA Grew 2.7% and 3.5% for the Third Quarter, Respectively, from the Prior Year Third QuarterAFFO Per Diluted Common Share of $0.35 for the Third Quarter

LITTLE ROCK, Ark, Nov.

Armada Hoffler Reports Third Quarter 2023 Results

Net Income of $0.06 Per Diluted Share

Normalized FFO of $0.31 Per Diluted Share

Same Store NOI Growth of 4.4% (GAAP) and 5.9% (Cash)

Positive Renewal Spreads on Commercial Leases of 14.5% (GAAP) and 4.9% (Cash)

Maintained 2023 Full-Year Normalized FFO Guidance Range of $1.23 to $1.27 Per Diluted Share

VIRGINIA BEACH, Va.

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