PALO ALTO, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Multifamily owner-operator and investment manager Pacific Urban Investors (“Pacific”) has entered the Atlanta market acquiring their first property in the MSA totaling 412 units with a total consideration of $102.5 Million.
Real Estate News
PLANO, Texas, May 07, 2024 (GLOBE NEWSWIRE) -- Centra Funding, LLC (“Centra”), a nationwide independent equipment finance company that is a subsidiary of CV Holdings, Inc.
The Imperial at Diamond Bar East by LGI Homes
Funds to Help Expand C3 Industries’ Vertically Integrated Cannabis Operations in the Constitution State
NEW CANAAN, Conn., May 08, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc.
Strong momentum continues into the first quarter, reaffirming expectations for a robust 2024
THE WOODLANDS, Texas, May 08, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc.
SAN DIEGO, CALIFORNIA, May 08, 2024 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB: ILAL) announced today that it has established a real estate office with Shawn Casias Real Estate Group (“SCRE”) in Monterrey, Mexico to sell and market the Company’s real estate products in Baja California.
First Quarter 2024 Revenue Totaled $12.6 Million, an increase of 10.4% Year-Over-Year
First Quarter 2024 Net Income Attributable to Common Stockholders Totaled $6.9 Million, Funds from Operations Totaled $10.6 Million, and Adjusted Funds from Operations Totaled $11.0 Million
Conference Call and Webcast Scheduled for May9, 2024, at 11 a.m.
Net Income of $0.17 Per Diluted Share
Normalized FFO of $0.33 Per Diluted Share
Multifamily Same Store NOI Growth of 2.6% (GAAP) and 2.5% (Cash)
Positive Renewal Spreads on Commercial Leases of 11.5% (GAAP) and 3.7% (Cash)
Maintained 2024 Full-Year Normalized FFO Guidance Range of $1.21 to $1.27 Per Diluted Share
VIRGINIA BEACH, Va.
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TORONTO, May 08, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U) (TSX: MHC.UN) today announced that each of the seven individuals nominated for election as a trustee of Flagship at the REIT’s Annual Meeting of Unitholders held onMay 8, 2024(the "Meeting"), was elected.
JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH)—
First Quarter Highlights and Recent Developments
130% increase in Net Income ($1.3 million vs $565,000)22% increase in pro-rata NOI ($8.53 million vs $6.99 million)92% increase in the Multifamily segment’s NOI36% increase in Industrial and Commercial revenue and 47% increase in that segment’s NOIExecutive Summary and Analysis
This quarter represented another meaningful step in the growth of this Company.