Real Estate News – Page 375

EXIT Realty Announces Further Growth to Seven More New Markets

Woburn, MA, April 26, 2023 (GLOBE NEWSWIRE) -- Craig Witt, CEO-USA for EXIT Realty Corp. International today announced that EXIT Realty has expanded into a further seven markets:

EXIT Omega Real Estate Group located at 212 Adley Way, Greenville, SC, 29607, Jason Sumter, FranchiseeEXIT Realty Front and Center located at 18 Genesee St, Greene, NY, 13778, Barbara Gallo, FranchiseeEXIT Realty Advantage located at 5028-A Knickerbocker Rd, San Angelo, TX, 76904, Aaron Nelson and Holly Nelson, FranchiseesEXIT Realty Liberty located at 40 Peconic Ave, Riverhead, NY, 11901, Maureen Klersy, FranchiseeEXIT Realty Harper Carlton located at 2603 W Pleasant Grove Rd, Unit 103, Rogers, AR, 72758, John Carlton, Darcie Carlton, Kim Harper, and Warren Harper, FranchiseesEXIT Country Realty located at 108 E Main St, Panora, IA, 50216, Kyle Olson, FranchiseeEXIT Realty Gateway South located at 120G Merchants Blvd, Clarksville, TN, 37040, Garry Wicker and Katelynn Schiro, Franchisees

Kyle Olson and Barbara Gallo are expanding their operations with the addition of new locations and the others are new to the EXIT Realty family of independently owned and operated brokerages.

ARMOUR Residential REIT, Inc. Announces May 2023 Dividend Rate Per Common Share

VERO BEACH, Florida, April 26, 2023 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the May 2023 cash dividend for the Company's Common Stock.

Appreciate Announces Preliminary Full Year 2022 Results

MINNETONKA, Minn., April 25, 2023 (GLOBE NEWSWIRE) -- Appreciate Holdings, Inc. (“Appreciate” or the “Company”) (NASDAQ: SFR), the parent holding company of Renters Warehouse (“Renters Warehouse”), a leading end-to-end Single-Family Rental (“SFR”) marketplace and management platform, today announced selected preliminary unaudited financial results for its full year ended December 31, 2022.

Appreciate Announces Receipt of Notice From Nasdaq Regarding Late Filing of Annual Report on Form 10-K

MINNETONKA, Minn., April 25, 2023 (GLOBE NEWSWIRE) -- Appreciate Holdings, Inc. (“Appreciate” or the “Company”) (NASDAQ: SFR), the parent holding company of Renters Warehouse (“Renters Warehouse”), a leading end-to-end Single-Family Rental (“SFR”) marketplace and management platform, today announced that it received a written notice (the “Notice”) on April 19, 2023, from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”), as a result of its failure to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the “Form 10-K”) in a timely manner.

American Assets Trust, Inc. Reports First Quarter 2023 Financial Results

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.

Greystone Provides $40 Million in Fannie Mae DUS® Financing for Multifamily Properties in Indianapolis

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.

Sun Communities, Inc. Reports 2023 First Quarter Results

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.

ARMOUR Residential REIT, Inc. Announces Q1 Results and March 31, 2023 Financial Position

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.

SL Green Completes $500 Million Refinancing of 919 Third Avenue

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.

Hersha Hospitality Trust Announces First Quarter 2023 Results

- 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.