Real Estate News

$350 Million 6.750% Senior Unsecured Notes Due 2028

SAN DIEGO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today that its operating partnership, Retail Opportunity Investments Partnership, LP (the “Operating Partnership”), has priced an offering of $350 million aggregate principal amount of 6.750% senior unsecured notes in an underwritten public offering.

Slated to complete in 2025, Apollo will bring much-needed housing to high-growth area

LOS ANGELES, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Cityview, a premier multifamily investment management and development firm, and Stockbridge, a private equity real estate investment management firm, have commenced construction on Apollo, a 265-unit multifamily development in Los Angeles’ South Bay.

NASHVILLE, Tenn., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc.(NYSE: RHP) (“RHP”), a leading lodging and hospitality real estate investment trust that specializes in group-oriented, upscale convention center resorts and country music entertainment experiences, announced today that it will release its third quarter 2023 earnings results after the market closes onMonday, November 6, 2023.

HAVERTOWN, Pa., Sept. 13, 2023 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $1,346,000, or $0.25 per diluted share, for its 2024 fiscal first quarter ended July 31, 2023 compared to net income of $1,912,000, or $0.36 per diluted share, for the same period of the prior year.

LITTLE ROCK, Ark., Sept. 13, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Chief Revenue Officer, Ron Mudry, will participate in a panel discussion at the RBC Capital Markets 2023 Global Communications Infrastructure Conference.

PHILADELPHIA, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced its Board of Trustees has approved a cash dividend of $0.05 per common share and per limited partnership unit for the third quarter ending September 30, 2023.

TYSONS, Va., Sept. 13, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it plans to report financial results for the third quarter 2023 after the stock market closes on November 1, 2023.

SAN DIEGO, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Presidio Property Trust, Inc. (Nasdaq: SQFT, SQFTP) (the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors (the “Board”) has established a Special Committee of the Board (the “Special Committee”) to explore potential strategic alternatives focusing on maximizing stockholder value.

THE WOODLANDS, Texas, Sept. 12, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced that it has been recognized on Newsweek’s inaugural list of the World’s Most Trustworthy Companies 2023.