Real Estate News – Page 442

WashREIT Announces Third Quarter 2021 Results and Updates Progress on Transformation

WASHINGTON, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a multifamily REIT with properties in the Washington metro region and the Southeast, reported financial and operating results today for the quarter ended September 30, 2021:

Third Quarter Results

Net income was $31.3 million, or $0.37 per diluted shareNAREIT FFO was $3.1 million, or $0.04 per diluted shareCore FFO was $17.0 million, or $0.20 per diluted shareNet Operating Income (NOI) was $27.1 million

Multifamily Highlights

New lease rates improved significantly throughout the third quarter and post quarter-end.

Greystone Provides $22 Million in HUD-Insured Green Financing for a Multifamily Property in Boardman, Oregon

NEW YORK, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $22.1 million HUD-insured loan to refinance a 239-unit multifamily property in Boardman, Oregon.

Matterport 3D Capture Now Freely Available for More Than a Billion Android Mobile Devices

Now everyone can create a three-dimensional digital twin of their home, office, hotel, or any physical space using just the smartphone in their pocket

Sandra Hussey Awarded Three Top Real Estate Honours by EXIT Realty Corp. International

SL Green Announces Sale of 590 Fifth Avenue

Values Midtown East property at $1,000 per square foot

NEW YORK, Oct. 28, 2021 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced the sale of 590 Fifth Avenue for a gross sale price of $103.0 million.

Piedmont Office Realty Trust Reports Third Quarter 2021 Results and Raises Guidance

Atlanta, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in seven major Eastern U.S.

RPT Realty Announces Fourth Quarter 2021 Common and Preferred Share Dividends

NEW YORK, Oct. 27, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (“RPT” or the “Company”) announced today that its Board of Trustees declared a fourth quarter 2021 regular cash dividend of $0.12 per common share.

ARMOUR Residential REIT, Inc. Announces September 30, 2021 Financial Position and Q3 Results

VERO BEACH, Florida, Oct. 27, 2021 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the Company's September 30, 2021 financial position and Q3 results.

Duke Realty Reports Third Quarter 2021 Results

9.8 Percent Increase to Quarterly Dividend

34.8 Percent Growth in Net Effective Rents on Quarterly Leasing Activity

Significant Leasing in Development Pipeline with Expected Margin over 60 Percent

2021 Earnings and Development Guidance Increased

INDIANAPOLIS, Oct.

ARMOUR Residential REIT, Inc. Announces November 2021 Dividend Rate per Common Share

VERO BEACH, Florida, Oct. 27, 2021 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the November 2021 cash dividend for the Company's Common Stock.