WINTER PARK, Fla., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.27 per share of common stock for the first quarter of 2022.
Real Estate News
Gig Harbor, Washington , Feb. 22, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), 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 preliminary commitment for $29,750,000 in construction financing with WaFd Bank for the 177 unit Tanglewilde apartment complex located in Lacey, Washington.
Tenny Creek features move-in ready homes in a convenient location near I-5N, priced from the $450s
Tenny Creek townhomes by LGI Homes
New Dividend Level Reflects Operational and Financial Improvements, and Strong Business Momentum
HOUSTON, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend on the Company's common shares, increasing the monthly dividend rate to $0.04 per share, up from $0.035833 per share.
The Hudson, Statesboro, GA
Hunter’s Point at Innsbrooke Features New Construction Homes Starting from the $330s in Pinson
Bew construction homes with three to five bedrooms are now available at Hunter's Point at Innsbrooke by LGI Homes.
Southfield, MI, Feb. 21, 2022 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the "Company"), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") communities, recreational vehicle ("RV") resorts and marinas (collectively, the "properties"), today reported its fourth quarter results for 2021.
The Smart Growth event on February 23 will feature representatives from Urban3 and Strong Towns to discuss long-term plans on urban design
ORLANDO, Fla., Feb. 21, 2022 (GLOBE NEWSWIRE) -- The Orlando Regional REALTOR® Foundation (ORRF) will host a town hall event to provide members of the Oviedo community insight on community-building on February 23 at 5:30 p.m.
WASHINGTON, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a multifamily REIT with properties in the Washington metro area and the Southeast, reported financial and operating results today for the quarter and year ended December 31, 2021:
Full-Year 2021 Financial and Operational Results
Net income was $16.4 million, or $0.19 per diluted shareNAREIT FFO was $65.5 million, or $0.77 per diluted shareCore FFO was $1.06 per diluted shareNet Operating Income (NOI) was $108.4 millionSame-store Multifamily NOI decreased by 1.8% for the year and 0.9% on a cash basis for the yearSame-store Other NOI increased by 0.6% for the yearFourth Quarter 2021 Financial and Operational Results
Net loss was $6.8 million, or $0.08 per diluted shareNAREIT FFO was $13.3 million, or $0.16 per diluted shareCore FFO was $0.17 per diluted shareNOI was $29.1 millionSame-store Multifamily NOI increased by 4.2% year-over-year and 8.0% on a cash basisEffective new Lease Rate Growth was 8.7%, effective renewal Lease Rate Growth was 8.2%, and effective blended Lease Rate Growth was 8.4% during the quarter for our same-store portfolioRetention increased to 72% compared to 51% in the fourth quarter of 2020 driven by a reduction in move-outs related to home purchases and transfers within our apartment communitiesSame-store Average Occupancy increased 1.9% from the fourth quarter of 2020 to 95.9%, and same-store Ending Occupancy increased 1.7% from the fourth quarter of 2020 to 96.0%Trove stabilized during the fourth quarter and ended the year with occupancy of 94.5%.TYSONS, Va., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the fourth quarter and full year ended December31, 2021 and provided an operational update on COVID-19.