Real Estate News

NewLake Capital Partners Reports Second Quarter 2023 Financial Results

Second Quarter 2023 Revenue Totaled $11.4 Million, an Increase of 8.2% Year-Over-Year

Second Quarter 2023 Net Income Attributable to Common Stockholders Totaled $5.8 Million, Funds from Operations Totaled $9.5 Million, and Adjusted Funds from Operations Totaled $9.9 Million

The Company Repurchased 56,372 Shares of Common Stock During the Second Quarter 2023

Conference Call and Webcast Scheduled for August 10, 2023, at 11a.m.

The Regent at Eastover is Over 50% Sold Out

DROPBOX: https://www.dropbox.com/scl/fo/n10xmpy3hhu8ef15g6bq2/h?rlkey=zx053fcgy0ui9idcpavlrg4jm&dl=0

PHOTO CREDIT: Drone Media Solutions

CHARLOTTE, N.C., Aug. 09, 2023 (GLOBE NEWSWIRE) -- The Regent at Eastover, a private enclave of 32 luxury residences situated in one of Charlotte’s most distinguished neighborhoods is more than 50% sold out.

FRP Holdings, Inc. (NASDAQ: FRPH) Announces Results for the Second Quarter and Six Months Ended June 30, 2023

JACKSONVILLE, Fla., Aug. 09, 2023 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH) –

Second Quarter Operational Highlights

16.3% increase in pro-rata NOI ($7.61 million vs $6.55 million) over second quarter 2022Mining royalties’ highest second quarter ever in terms of revenue; royalty revenue increased 13.2% over second quarter 2022; 9.9% increase in royalties per ton55.7% increase in Asset Management revenue versus same period last year; 23.8% increase in Asset Management NOI versus second quarter 2022

Second Quarter Consolidated Results of Operations

Net income for the second quarter of 2023 was $598,000 or $.06 per share versus $657,000 or $.07 per share in the same period last year.

International Land Alliance Reports Sales at Rancho Costa Verde from August 5 Sales Event

Topline Revenues exceed $785,000

SAN DIEGO, CALIFORNIA, Aug. 08, 2023 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILAL” or the “Company”), an international land investment and development firm, today reported sales at Rancho Costa Verde for this week’s tour of $787,000, representing $287,000 homesite sales and $500,000 new construction.

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