Real Estate News

Landsea Homes Reports Second Quarter 2022 Results

Second Quarter 2022 Highlights

Expanded home sales revenue by 46.4% to $351 millionSecond quarter net income of $14.9 million, $0.34 per diluted shareTotal homes delivered increased 35% to 572 homesIncreased backlog by 31.2% to 1,571 homes for a total of $902.1 millionHome sales gross margin increased to 21.3%Repurchased 5.1 million shares at an average price of $7.06 per share

NEWPORT BEACH, Calif.

Vornado Announces Second Quarter 2022 Financial Results

NEW YORK, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today:

Quarter Ended June 30, 2022 Financial Results

NET INCOME attributable to common shareholders for the quarter ended June 30, 2022 was $50,418,000, or $0.26 per diluted share, compared to $48,045,000, or $0.25 per diluted share, for the prior year's quarter.

NewLake Capital Partners Expands Revolving Credit Facility to $90 Million

NEW CANAAN, Conn., Aug. 02, 2022 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (the “Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it has added two lenders to its existing five-year revolving credit facility (“Credit Facility”) and upsized the aggregate commitment under the facility from $30 million to $90 million.

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