September 2025 NYS Housing Snapshot
Real Estate News
Commonwealth Court will provide modern, amenity-rich homes for families earning up to 60% of the area median income
Commonwealth Court
COLUMBUS, Wis., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Michael S. Eisenga, Chief Executive Officer ofFirst American Properties, today issued a statement addressing the shifting dynamics of the U.S.
VERO BEACH, Fla., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended September 30, 2025.
– Raises Full-Year 2025 Outlook –– Increases 2025 Investment Guidance to $200 - $230 million –
WINTER PARK, Fla., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc.
Growing Our Footprint in a Thriving Market
CHARLOTTE, N.C., Oct. 23, 2025 (GLOBE NEWSWIRE) -- FG Communities, whose mission is to preserve and improve affordable housing by acquiring and operating manufactured housing communities, is excited to announce its most recent acquisition in Granite Falls, NC.
BETHESDA, Md., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (NYSE: ELME), a multifamily REIT, reported financial and operating results today for the quarter ended September 30, 2025:
Financial Results Three months ended September 30,20252024Net loss per diluted share$ (1.40)$ (0.03)Core FFO per diluted share 0.22 0.23Operational Highlights
Same-store multifamily NOI decreased by 1.8% compared to the prior year quarterSame-store Average Effective Monthly Rent Per Home increased 1.1% compared to the prior year quarterEffective blended Lease Rate Growth was 0.7% for our Same-Store Portfolio during the quarter, comprised of effective new Lease Rate Growth of (4.7)% and effective renewal Lease Rate Growth of 4.3%Retention was 65% during the quarter, in line with expectationsSame-store multifamily Average Occupancy was 94.4% during the quarter, down 0.8% compared to the prior year quarterBalance Sheet
Available liquidity was $321 million as of September 30, 2025, consisting of availability under the Company's revolving credit facility and cash on handYear-to-date Net Debt to Adjusted EBITDA ratio was 5.7xThe Company has only $125 million of debt maturing before 2028 and no secured debt“Our third-quarter operational performance aligned with our expectations and was consistent with typical seasonal patterns across our portfolio,” said Paul T.
The Monroe, N.C. Estate is Listed for $4.2 Million
LISTING LINK: https://www.premiersothebysrealty.com/single-family/clm/car4299697/1619-ellis-belk-road-monroe-nc-28112
DROPBOX: https://www.dropbox.com/scl/fo/jgnizr15r6chq269uird6/AHZVDHo2djXI4zxLoF2WXXs?rlkey=7wikfecb8y6ua8vn0sdhtwk5o&st=rd6cg5kg&dl=0PHOTO CREDIT: William Mauney Photography
CHARLOTTE, N.C.
Digital fatigue amongst employees creates an Enterprise occupational hazardEmployees, consumers remiss in basic security, forcing IT to add layers of complexity
LITTLE ROCK, Ark.
Grinter’s expanded role unifies sales and marketing to drive the next phase of growth for flagship proptech brands Tenant Turner and ShowMojo
KNOXVILLE, Tenn., Oct. 23, 2025 (GLOBE NEWSWIRE) -- PropertyTek, a portfolio of leading property management technology brands, including ShowMojo and Tenant Turner, today announced that Lynette Grinter has been promoted to Executive Vice President of Sales and Marketing.