Real Estate News

- Second Quarter 2021 Net Loss of $0.73 Per Share -- Total Adjusted EBITDA Exceeds Internal Forecast by 98% -- Property Level Cash Flow of $18.3 Million -- Positive Corporate Level Cash Flow Achieved in June -- Comparable Portfolio GOP Margins Exceed 45% in June -

PHILADELPHIA, July 27, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha,” “Company,” “we” or “our”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced results for the second quarter ended June 30, 2021.

Company outlines ESG programs and their impact on the environment, social responsibility and corporate governance

INDIANAPOLIS, July 26, 2021 (GLOBE NEWSWIRE) -- Duke Realty (NYSE: DRE), the leading domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, has released its 2020 Corporate Responsibility Report, an annual recap of the steps the company has taken over the past year to advance sustainability, provide meaningful support to its colleagues and the communities in which it operates, and conduct its business in an ethical and exemplary manner.

Gig Harbor, Washington , July 26, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has entered into a sales contract with Lennar Northwest, Inc.

The real estate development company expands in Colorado with new Mountain Resort Area property

DENVER, July 26, 2021 (GLOBE NEWSWIRE) -- Stratus Capital Corporation, (OTC Pink: SRUS) a real estate development group headquartered in Denver, is pleased to announce plans to develop Summit Trail Lodge (STL), located in Fraser, CO.

All dollar references are in U.S. dollars, unless noted otherwise1

BROOKFIELD NEWS, July 26, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (“BAM”) (NYSE: BAM; TSX: BAM.A) and Brookfield Property Partners L.P.

PHILADELPHIA, July 26, 2021 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and six-month periods ended June 30, 2021.

NEW YORK, July 26, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has closed a $27.4 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan for the $48.8 million acquisition of a 276-unit multifamily property in Raleigh, North Carolina.

IRVINE, Calif., July 23, 2021 (GLOBE NEWSWIRE) -- Talonvest Capital, Inc. and its client, 1784 Capital Holdings, are proud to announce the closing of a $45,500,000 construction loan for the ground-up development of a state-of-the-art self-storage facility in affluent Montgomery County, adjacent to the nation’s capital.

UNIONDALE, N.Y., July 23, 2021 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced that it is scheduled to release second quarter 2021 financial results before the market opens on Friday,July 30, 2021.

NEW YORK, July 23, 2021 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) is scheduled to report financial results for the three and six months ended June 30, 2021 after the close of market on August 5, 2021.