Real Estate News

– Expected to Be Immediately Accretive to Funds From Operations (“FFO”)and Leverage Neutral Upon Closing –

– Provides Multiple Future Growth and Value Creation Opportunities –

– Assets Complement Kimco’s High-Quality, First-Ring Suburban Grocery-Anchored & Mixed-Use Shopping Center Portfolio in Major Sun Belt & Coastal Markets –

JERICHO, N.Y.

Hersha common shareholders to receive $10.00 per share in cash, a 60% premium to prior closing price

Provides shareholders with immediate and certain value at a substantial premium

PHILADELPHIA and DENVER, Aug.

VERO BEACH, Florida, Aug. 29, 2023 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced that its Board of Directors has approved a reverse stock split of ARMOUR's outstanding shares of common stock at a ratio of one-for-five and the September 2023 dividend for the Company's Common Stock.

ATLANTA, GA, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics real estate, and value-added services focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced the appointment of Bryan Verbarendse as Chief Operating Officer for North America.

Woburn, MA, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Craig Witt, CEO-USA for EXIT Realty Corp. International today announced another seven new markets opened by the real estate franchisor increasing the number of new markets opened in 2023 to 28.

Men’s Luxury at Scottsdale Fashion Square Continues to Deliver Remarkable Success with Standalone Gucci and Louis Vuitton Men’s Stores

DIOR, Salvatore Ferragamo, Christian Louboutin and Others Now DedicateMore Shop Space to Men

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

SANTA MONICA, Calif.

LITTLE ROCK, Ark., Aug. 30, 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, Investor Relations & Treasury, Bill DiTullio, are scheduled to present at the BofA Securities 2023 Media, Communications and Entertainment Conference.

DALLAS, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today the pricing of the previously announced underwritten secondary offering by its stockholder, Green Investment Alpha Limited (the “Selling Stockholder”) of 4,207,574 shares of the Company’s common stock, at a price of $9.75 per share (before underwriting discounts and commissions) (the “Offering”).

DALLAS, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that its stockholder, Green Investment Alpha Limited (the “Selling Stockholder”), has commenced a secondary offering of 4,207,574 shares of the Company’s common stock (the “Offering”).