Real Estate News

– Price implies a blended 2.9% cap rate and 27.0x EBITDA multiple on 2019 results and a ~ $455K per key valuation–

– Coupled with the USS-7 sale and pending dispositions, the sale of Hotel Milo and Pan Pacific would increase total sales to nearly $650M in 2022–

– Funds from Sales facilitate Debt repayment of $500M and generate unrestricted cash of approximately $120M–

PHILADELPHIA, Oct.

Continuing to Build Best-In-Class ESG+R Platform

NEW YORK, Oct. 25, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE:LXP) (“LXP”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced that it published its 2021 Corporate Responsibility (“CR”) Report.

RALEIGH, N.C., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its third quarter 2022 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link:

HIW Reports Third Quarter 2022 Results

About HighwoodsHighwoods Properties, Inc.

VERO BEACH, Florida, Oct. 25, 2022 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) announced today that it will provide an online, real‑time webcast of its conference call with equity analysts covering third quarter 2022 operating results on Thursday, October 27, 2022.

VERO BEACH, Florida, Oct. 26, 2022 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the November 2022 cash dividend for the Company's Common Stock.

NASHVILLE, Tenn., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today released its fourth annual Corporate Responsibility Report highlighting the Company’s environmental, social, and governance (ESG) initiatives and accomplishments.

Symposium Focused on Commercial Real Estate Industry’s Response to Economic Headwinds and Will Be Held in eXp Commercial Metaverse

Partnership will make significant investments in security, traffic, and mass transit improvements, accelerate economic recovery for surrounding businesses and create good-paying union jobs for New Yorkers

NEW YORK, Oct.

NASHVILLE, Tenn., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Healthcare Realty (NYSE:HR) today announced Ron M. Hubbard has been appointed as the Company’s Vice President of Investor Relations.

TACOMA, Wash, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced it has contracted to sell 56.6 acres of land in Punta Gorda, Florida for $7,250,000 to Historical Fund, Inc.The Property is scheduled to close on or before December 20, 2022, upon the buyer’s satisfaction of their due diligence requirements.