HOUSTON, May 03, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the first quarter of 2022.
Real Estate News
TYSONS, Va., May 02, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the first quarter ended March31, 2022 and provided an operational update.
NASHVILLE, Tenn., May 02, 2022 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three months ended March 31, 2022.
NEW YORK, May 02, 2022 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today:
Quarter Ended March 31, 2022 Financial Results
NET INCOME attributable to common shareholders for the quarter ended March 31, 2022 was $26,478,000, or $0.14 per diluted share, compared to $4,083,000, or $0.02 per diluted share, for the prior year's quarter.
NEW YORK, May 02, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced that Catalina Consuegra has joined the firm as a Vice President of Diversity, Equity & Inclusion, reporting to Pranika Sinha, Managing Director and head of the firm’s DEI strategy and efforts.
NEW YORK, May 02, 2022 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance firm, announced it ranks #1 based on dollar volume of multifamily and healthcare Firm Commitments issued by the U.S.
NASHVILLE, Tenn. and SCOTTSDALE, Ariz., May 02, 2022 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) (“Healthcare Realty” or “HR”) and Healthcare Trust of America, Inc.
Company to Establish Real Estate Brokerage Operations in Chile and Dubai
eXp Realty to Establish Real Estate Brokerage Operations in Chile and Dubai, UAE
THE WOODLANDS, Texas, May 03, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the first quarter 2022.
First Quarter 2022 Highlights and Comparisons to First Quarter 2021
Net Income decreased 21.0% to $78.7 million, or $3.30 Basic EPS and $3.25 Diluted EPSNet Income Before Income Taxes decreased 19.2% to $99.6 millionHome Sales Revenues decreased 22.7% to $546.1 millionHome Closings decreased 37.6% to 1,599 homes closedAverage Sales Price increased 23.9% to $341,495Gross Margin as a Percentage of Homes Sales Revenues increased 210 basis points to 29.0%Adjusted Gross Margin* as a Percentage of Home Sales Revenues increased 180 basis points to 30.3%Total Owned and Controlled lots of 93,270 at March31, 2022Active Selling Communities at March31, 2022 of 88Ending backlog of 2,429 homes at March31, 2022Ending backlog Value of $849.1 million at March31, 2022*Non-GAAP
Please see “Non-GAAP Measures” for a reconciliation of Adjusted Gross Margin (a non-GAAP measure) to Gross Margin, the most directly comparable GAAP measure.
Net Income of $0.11 Per Diluted Share
Normalized FFO of $0.28 Per Diluted Share
Raised 2022 Full-Year Normalized FFO Guidance Range to $1.15 to $1.19 Per Diluted Share
VIRGINIA BEACH, Va.