Real Estate News – Page 364

Uniti Group Inc. Reports Second Quarter 2022 Results

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 Quarter

LITTLE ROCK, Ark.

RPT Realty Announces Acquisition of Mary Brickell Village in Miami, FL

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.

RPT Realty Reports Second Quarter 2022 Results

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.

Hersha Hospitality Trust Announces Second Quarter 2022 Results

- 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.

Healthcare Realty Trust Announces Pro-Rated Quarterly Dividend

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.

LGI Homes Reports July 2022 Home Closings

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.

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2022

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%.

Park Hotels & Resorts Inc. Reports Second Quarter 2022 Results

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.

Armada Hoffler Properties Reports Second Quarter 2022 Results

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.

LXP Industrial Trust Reports Second Quarter 2022 Results

NEW YORK, Aug. 04, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on single-tenant warehouse/distribution real estate investments, today announced results for the quarter ended June30, 2022.