OLD GREENWICH, Conn., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP), (“Star Equity” or the “Company”), a diversified holding company, announced today that it will release its financial results for the second quarter endedJune 30, 2022,before the market opens onFriday, August 12, 2022.
Real Estate News
Raises 2022 Outlook
Highest Level of Gross Install Monthly Recurring Revenue Activity Since 2017
Net Income of $53.8 million for the Second Quarter; 8.3% Increase from the Prior Year Second QuarterNet Income of $0.21 Per Diluted Common Share for the Second Quarter; 5.0% Increase from the Prior Year Second QuarterAdjusted EBITDA and AFFO Grew 5.3% and 11.3% for the Second Quarter, Respectively, from the Prior Year Second QuarterAFFO Per Diluted Common Share of $0.44 for the Second Quarter; 7.3% Increase from the Prior Year Second QuarterLITTLE ROCK, Ark.
Acquired Mary Brickell Village, a generational, grocery-anchored, mixed-use center in the premier financial district of Miami, for $216 million.Compelling value-creation opportunity through the vertical development of the site where zoning allows for 4.1 million of additional square footage.
Financial Highlights
Net income attributable to common shareholders for the second quarter 2022 of $5.1 million, or $0.06 per diluted share, compared to $34.7 million, or $0.41 per diluted share for the same period in 2021.- Second Quarter 2022 Net Income of $0.05 Per Share -
- Second Quarter 2022 Adjusted Funds from Operations1 of $0.56 Per Share -
- ADR Growth of 12.2% vs.
Pro-rated amount represents balance of $0.31 regular quarterly dividend
NASHVILLE, Tenn., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) (the “Company”) today announced its cash dividend in the amount of $0.109 per share, payable on August 30, 2022 to Class A common stockholders of record on August 15, 2022.
THE WOODLANDS, Texas, Aug. 03, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 469 homes in July 2022.
As of July 31, 2022, the Company had 93 active selling communities.
FREEHOLD, NJ, Aug. 03, 2022 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) reported Total Income for the quarter ended June 30, 2022 of $49.2 million as compared to $49.0 million for the quarter ended June 30, 2021, representing an increase of 7%.
TYSONS, Va., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the second quarter ended June30, 2022 and provided an operational update.
Net Income of $0.31 Per Diluted Share
Normalized FFO of $0.30 Per Diluted Share
Raised 2022 Full-Year Normalized FFO Guidance Range to $1.16 to $1.20 Per Diluted Share
Increased Third Quarter Cash Dividend on Common Shares By 12%
VIRGINIA BEACH, Va.