Reiterates Prior Offer and Calls on Board of Directors to Engage in Good Faith Discussions
VIRGINIA BEACH, Va., May 05, 2025 (GLOBE NEWSWIRE) -- Resurgent Realty Trust (“RRT”), a shareholder of Generation Income Properties, Inc.
Real Estate News
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) --
Vornado Realty Trust (NYSE: VNO) reported today:
Quarter Ended March 31, 2025 Financial Results
NET INCOME attributable to common shareholders for the quarter ended March 31, 2025 was $86,842,000, or $0.43 per diluted share, compared to a net loss attributable to common shareholders of $9,034,000, or $0.05 per diluted share, for the prior year's quarter.
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has completed a master lease with New York University (“NYU”) to lease 1,076,000 square feet at 770 Broadway, on an “as is”, triple net basis for a 70-year lease term.
THE WOODLANDS, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 450 homes in April 2025.
As of April 30, 2025, the Company had 147 active selling communities.
VIRGINIA BEACH, Va., May 05, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) today announced it has reached an agreement with its joint venture partner, Beatty Development Group, to acquire full ownership and control of Allied | Harbor Point, a 312-unit multifamily asset located in Harbor Point Baltimore.
Net Loss per Diluted Share of $0.34 for the Quarter
Core FFO per Share of $1.26 for the Quarter
North America Same Property NOI for MH and RV Increased by 4.6% for the Quarter on a Year-over-Year Basis
North America Same Property Adjusted Blended Occupancy for MH and RV of 99.0% Represents a 150 Basis Point Year-over-Year Increase
Establishing Post-Safe Harbor Sale Guidance for 2025
Expecting Core FFO per Share of $6.43 to $6.63
Expecting North American Same Property NOI Growth of 3.5% - 5.2%
Expecting UK Same Property NOI Growth of 0.9% - 2.9%
Completed Initial Closing of Safe Harbor Marinas Sale in April for Net Pre-tax Cash Proceeds of $5.25 Billion
Announced a Special Cash Distribution of $4.00 per Share
Increasing Quarterly Distribution by 10.6% in 2025, to $1.04 per Share
Announced the Authorization of a Stock Repurchase Program of Up to $1.0Billion
Southfield, Michigan, May 05, 2025 (GLOBE NEWSWIRE) -- Sun Communities, Inc.
BOCA RATON, FL, May 06, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (“DeFi Dev Corp” or the “Company”), or formally known as Janover Inc.
The Key Largo Plan by Terrata Homes at Cape Coral
Updates 2025 Outlook
Net Income of $12.2 Million for the First QuarterNet Income of $0.05 Per Diluted Common Share for the First QuarterAFFO of $0.35 Per Diluted Common Share for the First QuarterLITTLE ROCK, Ark.
Precision Garage Door Service® offers expert guidance for National Garage Door Safety Month
WACO, Texas, May 06, 2025 (GLOBE NEWSWIRE) -- In recognition of National Garage Door Safety Month this May, Precision Garage Door Service®, a Neighborly® company, is sharing expert tips to help homeowners prevent injuries, avoid costly repairs and extend the life of their garage doors and openers.