Real Estate News

Star Equity Holdings, Inc. to Release Second Quarter 2021 Financial Results on August 10

OLD GREENWICH, Conn., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star Equity” or the “Company”), a diversified, multi-industry holding company with three business divisions, Healthcare, Construction, and Investments, announced today that it will release its financial results for the second quarter endedJune 30, 2021,before the market opens onTuesday, August 10, 2021.

MONMOUTH REAL ESTATE REPORTS RESULTS FOR THE THIRD QUARTER ENDED JUNE 30, 2021

HOLMDEL, NJ, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Monmouth Real Estate Investment Corporation (NYSE:MNR) reported Net Income Attributable to Common Shareholders of $17.3 million or $0.17 per diluted share for the three months ended June 30, 2021 as compared to Net Income Attributable to Common Shareholders of $26.9 million or $0.27 per diluted share for the three months ended June 30, 2020, representing a decrease of $9.6 million or $0.10 per diluted share.

WashREIT Announces Second Quarter 2021 Results and Updates Progress on Transformation

WASHINGTON, July 29, 2021 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of multifamily properties in the Washington, DC area, reported financial and operating results today for the quarter ended June 30, 2021:

Second Quarter Results

Net loss was $7.0 million, or $0.08 per diluted shareNAREIT FFO(1) was $20.6 million, or $0.24 per diluted shareCore FFO was $30.1 million, or $0.35 per diluted shareNet Operating Income (NOI)(2) was $25.1 millionSame-store(3) multifamily NOI declined 2.0% compared to the second quarter of 2020, due to the impact of COVID-19 on lease rates

Multifamily Highlights

New lease rates improved significantly during June and thus far in July, with weekly rate growth on new lease executions improving by over 10% over the last seven weeks on a gross basis.

International Land Alliance Announces Closing of $2.0 Million Private Placement

SAN DIEGO, CALIFORNIA, July 29, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB: ILAL), (“ILA” or the “Company”), an international land investment and development firm, today announced the closing of its previously announced private placement with a single institutional investor for the purchase of 3,000,000 shares of its common stock at a purchase price per share of $0.68.

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