Real Estate News – Page 414

Sun Communities, Inc. Reports 2022 Fourth Quarter and Full Year Results; Provides 2023 Guidance and Increases Annual Distribution Rate for 2023

Net Income per Diluted Share of $0.04 and $2.00 for the Quarter and Year End, Respectively

Core FFO(1) per Share of $1.33 and $7.35 for the Quarter and Year End, Respectively, Increased 1.5% and 12.9% over the 2021 Periods

Strong Demand and Accretive Investments Drive Continued Solid PerformanceRecord Volume of Transient-to-Annual RV Conversions Propel Record Gains in Revenue Producing Sites

Establishing Guidance for 2023

Expecting Total Same Property NOI(1)(2) Growth of 4.9% - 5.9%

Increasing Annual Distribution by 5.7% in 2023, to $3.72 per share

Southfield, MI, Feb.

Uniti Group Inc. to Present at the J.P. Morgan 2023 Global High Yield and Leveraged Finance Conference

LITTLE ROCK, Ark., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Finance and Investor Relations, Bill DiTullio, are scheduled to present at the J.P.

New York Mortgage Trust Reports Fourth Quarter and Full Year 2022 Results and Reverse Stock Split

NEW YORK, Feb. 22, 2023 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three and twelve months ended December31, 2022.

International Land Alliance Reports Record January Revenue

Topline Revenues exceed $1.3M for Best January in Company History

SAN DIEGO, CALIFORNIA, Feb. 23, 2023 (GLOBE NEWSWIRE) -- International Land Alliance, Inc.

LGI Homes Expands Footprint in Phoenix Market with Newest Community Opening

Ridgeview features an exceptional lineup of single-family homes from the $360s

The Bisbee plan by LGI Homes

LGI Homes at Ridgeview offers new, move-in ready homes near world-class amenities in Youngtown, Arizona.

CTO Realty Growth Reports Full Year and Fourth Quarter 2022 Operating Results

WINTER PARK, Fla., Feb. 23, 2023 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter and year ended December 31, 2022.

Opendoor Announces Fourth Quarter and Full Year 2022 Financial Results

SAN FRANCISCO, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its fourth quarter and year ended December31, 2022.

Matterport Announces Record Fourth Quarter And Full Year 2022 Financial Results

Q4 total revenue rose to a record $41.1 million, above Company guidanceQ4 subscription revenue rose to a record $19.3 million, above Company guidance Q4 product revenue rose to a record $13.6 million, up 51% sequentially from the prior quarterQ4 GAAP loss per share of $0.21 and Non-GAAP loss per share of $0.09, at the high end of the Company’s guidance range2022 annual revenue rose to a record $136.1 million, up 22% from 2021Balance sheet remains strong with $477 million in cash and investments and no debt

SUNNYVALE, Calif.

Landing Launches Standby, a New Membership Tier that Maximizes Value and Flexibility For Renters

The first-of-its-kind offering unlocks the freedom of flexible living for less, in exchange for relocating on short notice

BIRMINGHAM, Ala., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Landing, the company behind the first membership for flexible apartment living, today announced the launch of Standby, a new type of membership that offers access to furnished apartments within Landing’s nationwide network for a flat rate of $1,295 per month – 35% lower than the national average.

Power Americas Resource Group Ltd. Comments on Recent Promotional Market Activity

MIRAMAR, FL, Feb. 17, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Power Americas Resource Group Ltd. (OTC: PARG) (the “Company” or "PARG"), a publicly traded, fully reporting emerging growth company commercializing its Digital Twin technology “Twin Infra” for the international construction industry, has been made aware by OTC Markets Group Inc.