Completes Strategic Transaction with Everstream
Revenues of $268.2 Million for the Second QuarterNet Income of $0.20 Per Diluted Common Share for the Second Quarter; Increase of $3.26 Per Diluted Common Share from the Prior Year Second QuarterAFFO Per Diluted Common Share of $0.41 for the Second QuarterAdjusted EBITDA and AFFO Grew 6% and 10% in the Second Quarter, Respectively, from the Prior Year Second QuarterUpdates 2021 OutlookLITTLE ROCK, Ark.
NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today INDUS, as parent guarantor, INDUS RT, LP, as borrower, and certain subsidiaries of INDUS RT, LP as guarantors, have entered into a secured revolving credit facility of up to $100 million (the “New Credit Facility”), replacing both the Company’s former revolving credit line and acquisition credit line, which totaled $50 million in the aggregate and were scheduled to expire on September 30, 2021.
NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has completed the acquisition of a fully leased, 139,500 square foot industrial/logistics building in Lakeland, Florida (the “Lakeland Acquisition”).
NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $20,400,000 bridge loan for the acquisition of a multifamily property in Greensboro, North Carolina.
NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the second quarter of 2021.
AUSTIN, Texas, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Ernst & Young LLP (EY US) yesterday announced that John Berkowitz, CEO and Founder of OJO Labs, was named an Entrepreneur Of The Year® 2021 Central Texas Award winner.
New Partnership Brings Premium Food Experiences to the Workplace
BOSTON, Aug. 05, 2021 (GLOBE NEWSWIRE) -- HqO, the end-to-end tenant experience operating system for office buildings, today announces its exclusive integration with Ritual, a best-in-class food platform that works with over 15,000 restaurants and top commercial landlords across the United States, Canada, and the United Kingdom.
NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (“Lexington”) (NYSE:LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced results for the second quarter ended June30, 2021.
THE WOODLANDS, Texas, Aug. 04, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 930 homes in July 2021, up from 611 homes closed in July 2020, representing year-over-year growth of 52.2%.
FREEHOLD, NJ, Aug. 04, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) reported Total Income for the quarter ended June 30, 2021 of $49.0 million as compared to $40.1 million for the quarter ended June 30, 2020, representing an increase of 22%.
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