Real Estate News

CorePoint Lodging Reports First Quarter 2021 Results

IRVING, Texas, May 06, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today reported operational and financial results for the first quarter ended March31, 2021.

Regency Centers Reports First Quarter 2021 Results

JACKSONVILLE, Fla., May 06, 2021 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency” or the “Company”) (NASDAQ:REG) today reported financial and operating results for the period ended March 31, 2021, provided an update related to the COVID-19 pandemic, and provided updated guidance for 2021 Nareit FFO.

Uniti Group Inc. Reports First Quarter 2021 Results

Issued $570 Million of Senior Secured Notes; No Significant Debt Maturities Until 2024

Revenues of $272.6 Million for the First QuarterNet Loss of $0.02 Per Diluted Common Share for the First Quarter AFFO Per Diluted Common Share of $0.41 for the First QuarterUpdates 2021 Outlook

LITTLE ROCK, Ark.

Arbor Realty Trust Reports First Quarter 2021 Results and Increases Dividend for Fourth Consecutive Quarter to $0.34 per Share

Company Highlights:

Diversified operating platform with a multifamily focus that continues to produce strong distributable earnings and dividends in all cycles GAAP net income of $0.55 and distributable earnings of $0.52 per diluted common share1Raised cash dividend on common stock to $0.34 per share, or 13.3% higher than a year ago, representing our fourth consecutive quarterly increaseGenerated pretax income of $22.5 million from our residential mortgage banking joint ventureRaised $158 million of accretive growth capital through the issuance of common shares

Agency Business:

Segment income of $35.3 millionLoan originations of $1.40 billion and a servicing portfolio of $25.46 billion

Structured Business:

Segment income of $43.9 millionPortfolio growth of 14% on $1.09 billion of loan originationsClosed a $785 million collateralized securitization vehicle

Recent Development

Raised an additional $175 million of accretive growth capital through the issuance of 5.00% senior unsecured notes due in 2026

UNIONDALE, N.Y.

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