Real Estate News

Monmouth Shareholders Approve Acquisition by ILPT

Shareholders to Receive $21.00 Per Share in Cash

HOLMDEL, N.J., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE: MNR), or Monmouth, today announced that its shareholders voted to approve the acquisition of Monmouth by Industrial Logistics Properties Trust, a Maryland real estate investment trust (“ILPT”).

Hersha Hospitality Trust Announces Fourth Quarter 2021 Results

- Fourth Quarter 2021 Net Loss of $0.48 Per Share -

- Fourth Quarter 2021 Adjusted Funds from Operations1 of $0.20 Per Share -

- Property Level Cash Flow1 up 16% Compared to Third Quarter 2021 -

- Comparable Portfolio GOP Margin of 45%, Exceeds Fourth Quarter 2019 -

- Resort Portfolio RevPAR 15.7% Above Fourth Quarter 2019 -

- Manhattan Weekday RevPAR up 47% Compared to Third Quarter 2021, December Weekend ADR Surpassed December 2019 by 390 basis points -

PHILADELPHIA, Feb.

Matterport Announces Record Full Year 2021 Financial Results and More Than 500,000 Subscribers

Breakthrough product launches including Smartphone Capture and Axis to democratize space capture and drive adoption

Total subscribers increased 98% to 503,000 from year-ago periodFiscal year 2021 subscription revenue rose 47% year-over-yearAnnualized recurring revenue (ARR) grew to $66 millionQ4 GAAP loss per share of $0.66, Non-GAAP loss per share of $0.10

SUNNYVALE, Calif.

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