Real Estate News

MacKenzie Realty Capital Announces Pricing of $4.8 Million Registered Direct Offering and Concurrent Private Placement

ORINDA, Calif., Feb. 28, 2025 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (Nasdaq: MKZR) (“MacKenzie” or the “Company”), a West Coast-focused REIT that invests in commercial and residential assets, as well as illiquid real estate securities, today announced that it has entered into a securities purchase agreement with a single institutional investor for the purchase and sale of 2,826,299 shares of common stock (or pre-funded warrants in lieu thereof) in a registered direct offering.

Landsea Homes Reports Fourth Quarter and Full Year 2024 Results

Record fourth quarter home sales revenue of $450.6 millionRecord fourth quarter home closings of 937, up 41%Record full year total revenue of $1.55 billionFourth quarter net new home orders of 636, up 60%Fourth quarter cash from operations of $47.8 millionFourth quarter net income of $3.0 million, or $0.08 per diluted shareFull year net income of $17.2 million or $0.47 per diluted shareYear-end book value per share of $18.37

DALLAS, Feb.

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