Real Estate News

Hersha Hospitality Trust Announces Second Quarter 2021 Results

- Second Quarter 2021 Net Loss of $0.73 Per Share -- Total Adjusted EBITDA Exceeds Internal Forecast by 98% -- Property Level Cash Flow of $18.3 Million -- Positive Corporate Level Cash Flow Achieved in June -- Comparable Portfolio GOP Margins Exceed 45% in June -

PHILADELPHIA, July 27, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha,” “Company,” “we” or “our”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced results for the second quarter ended June 30, 2021.

Duke Realty Publishes 2020 Corporate Responsibility Report

Company outlines ESG programs and their impact on the environment, social responsibility and corporate governance

INDIANAPOLIS, July 26, 2021 (GLOBE NEWSWIRE) -- Duke Realty (NYSE: DRE), the leading domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, has released its 2020 Corporate Responsibility Report, an annual recap of the steps the company has taken over the past year to advance sustainability, provide meaningful support to its colleagues and the communities in which it operates, and conduct its business in an ethical and exemplary manner.

Harbor Custom Development, Inc. Contracts to Sell 144 Entitled Lots in Belfair, WA to Lennar for $10,440,000

Gig Harbor, Washington , July 26, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has entered into a sales contract with Lennar Northwest, Inc.

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