JACKSONVILLE, Fla., Nov. 04, 2020 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH)
Third Quarter Consolidated Results of Operations
Net income for the third quarter of 2020 was $5,455,000 or $.57 per share versus $2,001,000 or $.20 per share in the same period last year.
NEW YORK, Nov. 03, 2020 (GLOBE NEWSWIRE) -- Greystone, a leading commercial real estate lending, investment, and advisory company, has provided a $24 million HUD-insured loan to refinance a 190-unit multifamily property in Chesapeake, Virginia.
NASHVILLE, Tenn., Nov. 03, 2020 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the third quarter ended September 30, 2020.
THE WOODLANDS, Texas, Nov. 03, 2020 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the third quarter and nine months ended September 30, 2020.
The fundraising program is set to raise $250,000 before year’s end to help construct two STEM classrooms at the Mariano Rivera Learning Center in New Rochelle, New York
NEW YORK, Oct.
WASHINGTON, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of multifamily and commercial properties in the Washington, DC area, reported financial and operating results today for the quarter ended September 30, 2020:
Financial Results
Net loss attributable to controlling interests was $1.0 million, or $0.01 per diluted shareNAREIT FFO(1) was $29.5 million, or $0.36 per diluted shareCore FFO(1) was $0.36 per diluted shareOperational Highlights
Net Operating Income (NOI)(2) was $44.6 millionSame-store(3) NOI declined 4.9% and cash NOI declined 4.1% compared to the third quarter of 2019 due primarily to lower commercial parking income and higher credit loss related to COVID-19Cash collection rates improved from the second quarter of 2020Total credit losses related to COVID-19 of $0.8 million improved slightly from the second quarter of 2020Multifamily occupancy at quarter end excluding Trove increased 30 basis points compared to the second quarter of 2020, Office ending occupancy declined 20 basis points, and Other(5) ending occupancy increased 280 basis points compared to the second quarter of 2020Multifamily new and renewal lease rates(4) for suburban properties increased approximately 1.1% on a blended basis while urban property lease rates declined 2.9% on a blended basis.Atlanta, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in select sub-markets within seven major Eastern U.S.
IRVING, Texas, Oct. 30, 2020 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”) today announced that the Company plans to report financial results for the third quarter of 2020 after market close on Thursday, November 5, 2020.
Company Highlights:
Diversified operating platform with a multifamily focus that continues to produce strong core earnings and dividends in all cycles GAAP net income of $0.Southfield, MI, Oct. 30, 2020 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the "Company") today announced the closing of its previously announced acquisition of Safe Harbor Marinas, LLC (“Safe Harbor”).
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