PLYMOUTH MEETING, Pa., July 27, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE: AXR) today reported net income of $7,392,000, or $0.95 per diluted share, for its 2021 fiscal year ended April 30, 2021 compared to a net loss of $5,903,000, or $0.73 per share, for the prior year.
Real Estate News
RALEIGH, N.C., July 27, 2021 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2021 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link:
HIW Reports Second Quarter 2021 Results
About HighwoodsHighwoods Properties, Inc.
Net income available to common stockholders of $8.9 million and $10.2 million for the three and six months ended June 30, 2021, respectively, or $0.15 and $0.17 per diluted share, respectively
Funds From Operations per diluted share increased 6% and decreased 14% year-over-year for the three and six months ended June 30, 2021, respectively, or $0.51 and $0.89 per diluted share, respectivelyOn a sequential basis, Funds From Operations per diluted share increased 34% from the first to the second quarter of 2021, from $0.38 to $0.51 per diluted share
SAN DIEGO, July 27, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc.
EDISON, N.J., July 28, 2021 (GLOBE NEWSWIRE) -- Northpath Investments, (“Northpath”), recently acquired a fully leased 63,200-square-foot Light Industrial and R&D building leased to a single tenant at 3920 Park Avenue in Edison, New Jersey for $11 million.
Continues to Progress Multifamily Transformation and Planned Southeast Expansion
WASHINGTON, July 26, 2021 (GLOBE NEWSWIRE) -- WashREIT (NYSE: WRE) has completed the previously announced sale of 12 office assets, representing the entire office portfolio excluding Watergate 600, for gross proceeds of $766 million.
NEWS RELEASE
July26, 2021
Sun Communities, Inc. Reports 2021 Second Quarter Results
Southfield, MI, July 26, 2021 (GLOBE NEWSWIRE) -- Sun Communities, Inc.
Mark Mulhern to Retire as CFOBrendan Maiorana Appointed SuccessorTransition Effective January 1, 2022
Further Strengthens Leadership TeamSara Carlton Promoted to Vice President and Associate General CounselRyan Hunt Promoted to Vice President and Chief Information Officer
RALEIGH, N.C.
INDIANAPOLIS, July 27, 2021 (GLOBE NEWSWIRE) -- Becknell Industrial is pleased to announce it has purchased an 83.37-acre parcel at the Sauer Industrial Center in the Airport submarket of Richmond, Virginia.
SAN DIEGO, CALIFORNIA, July 27, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB: ILAL), (“ILA” or the “Company”), an international land investment and development firm, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase of 3,000,000 shares of its common stock at a purchase price per share of $0.68, in a private placement.
BOSTON and PHOENIX, July 27, 2021 (GLOBE NEWSWIRE) -- Taurus Investment Holdings, LLC, a global private equity real estate firm operating for over 40 years with experience in multifamily, office, logistics, mixed-use and renewable energy sectors, announced today the acquisition of 544 Southern for a purchase price of $31,075,000, marking Taurus’ fourth acquisition in the Phoenix market within the last 12 months.