Real Estate News

Net income available to common stockholders of $16.1 million for the first quarter, or $0.27 per diluted share.

Funds From Operations per diluted share increased 16% year-over-year for the first quarter to $0.66 per diluted share.

NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $40,124,000 in Fannie Mae Delegated Underwriting & Servicing (DUS®) loans for two multifamily properties totaling 408 units in Indianapolis, Indiana.

Real Property Revenue Increased 13.8%, Year-over-Year

Net Loss per Diluted Share of $0.24

Core FFO per Share of $1.23 Exceeded Midpoint of Guidance by 4.7%

Total Same Property NOI Grew 6.7%, Exceeding Internal Expectations

Strong Demand and Effective Expense Management Drove Outperformance

Same Property Adjusted Occupancy for MH and RV Increased 190 Basis Points, Year-over-Year

Solid Transient-to-Annual RV Conversions of 524 Sites

Reiterating Full-Year Core FFO per Share Guidance for 2023 of $7.22 - $7.42

Expecting Total Same Property NOI Growth of 5.0% - 6.0%

Southfield, MI, April 26, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc.

VERO BEACH, Florida, April 26, 2023 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the Company's Q1 results and March 31, 2023 financial position.

NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, together with an institutional investor advised by J.P.

- First Quarter 2023 Net Loss of $(0.38) Per Share -

- First Quarter 2023 Adjusted Funds from Operations1 of $0.02 Per Share -

- Comparable Excluding Renovations Portfolio Growth to the First Quarter 2019 -

- ADR Growth of 20.9% -

- EBITDA Growth of 18.9% -

- EBITDA Margin Growth of 196 bps -

PHILADELPHIA, April 26, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha,” “Company,” “we” or “our”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced results for the first quarter ended March31, 2023.

ORLANDO, Fla., April 20, 2023 (GLOBE NEWSWIRE) -- Athena Real Estate, LLC is pleased to announce the acquisition of Columbus Campground & RV Park, formerly Cross Creek Camping Resort.

United’s purpose-built brokerage model is capturing market share in a contracting real estate market

DALLAS, April 20, 2023 (GLOBE NEWSWIRE) -- United Real Estate (United) announced today the appointment of Steve Wagner to Executive Vice President – Agent Training, Education and Development (T.E.D.