Real Estate News – Page 365

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.

eXp World Holdings Reports Record Second Quarter 2022 Revenue of $1.4 Billion

Q2 2022 Revenue Increased 42% Year over Year to $1.4 Billion With Agent Growth of 42%

Star Equity Fund Intends to Vote WITHHOLD on the Re-Election of Paul Lamb and Richard Smith to the Gyrodyne Board

OLD GREENWICH, Conn., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Star Equity Fund, LP (“Star Equity Fund”, “we”, “our”), a 5.0% shareholder of Gyrodyne, LLC (Nasdaq: GYRO) (“Gyrodyne” or “the Company”), seeks to unlock shareholder value and improve corporate governance at its portfolio companies.

Opendoor Statement on FTC Settlement

SAN FRANCISCO, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading digital platform for residential real estate, today said the U.S.

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.

Ryman Hospitality Properties, Inc. Reports Second Quarter 2022 Results

NASHVILLE, Tenn., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc.(NYSE: RHP), a leading lodging and hospitality real estate investment trust (“REIT”) that specializes in upscale convention center resorts and leading entertainment experiences, today reported financial results for the second quarter ended June 30, 2022.

RRA/GREA Partners With CVA Commercial Group, An MBE Certified Commercial Real Estate Firm, to Provide Real Estate Brokerage Services to Government, Institutional, and Non-Profit Sectors

Vincent Jolly

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.

LGI Homes Reports Second Quarter 2022 Results, Including Record Setting Profitability, and Updates Full Year 2022 Guidance

THE WOODLANDS, Texas, Aug. 02, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the second quarter 2022 and the six months ended June 30, 2022.

Tesh Durvasula Joins Piedmont Office Realty Trust’s Board of Directors

Atlanta, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) announced today that its Board of Directors has appointed Venkatesh (“Tesh”) S.