Real Estate News

Rastegar Acquires Third South Congress Property

Firm Completes Land Assemblage for Planned Multifamily Complex in Highly Desirable South Austin

AUSTIN, Texas, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Rastegar Property Company, a technology-enabled private real estate investment firm focused on value-add and development in all asset classes throughout Austin and the Southwest United States, announced today the acquisition of 5412 South Congress Avenue in Austin.

Vornado Announces Certain Items to be Included in its Third Quarter 2020 Financial Results

NEW YORK, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) today announced that its financial results for the three months ended September 30, 2020 will include the items listed in the table below, resulting in an increase in net income attributable to common shareholders ("net income") of $0.37 per diluted share and an increase in FFO attributable to common shareholders plus assumed conversions ("FFO") of $0.87 per diluted share.

ARMOUR Residential REIT, INC. Announces September 30, 2020 Financial Position And Q3 Results

VERO BEACH, Florida, Oct. 21, 2020 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the Company's September 30, 2020 financial position and Q3 results and provided further detail on the completed transition of its portfolio to focus exclusively on agency-guaranteed mortgage backed securities (“Agency MBS”).

Alpine Income Property Trust, Inc. Declares Dividend for the Fourth Quarter 2020 and Increases Common Dividend by 10%

DAYTONA BEACH, Fla., Oct. 21, 2020 (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, an increase in the Company’s quarterly cash dividend to $0.22 per share of common stock for the fourth quarter of 2020 from its previous quarterly cash dividend of $0.20 per share of common stock.

Sun Communities, Inc. Reports 2020 Third Quarter Results

NEWS RELEASE

October21, 2020

Southfield, Michigan, Oct. 21, 2020 (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”) and recreational vehicle (“RV”) communities, today reported its third quarter results for 2020.

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