Real Estate News

American Assets Trust, Inc. Reports Third Quarter 2020 Financial Results and COVID-19 Operational Update

Net income available to common stockholders of $5.0 million and $24.8 million for the three and nine months ended September 30, 2020, respectively, or $0.08 and $0.41 per diluted share, respectively

Funds From Operations per diluted share decreased 23% and 9% year-over-year for the three and nine months ended September 30, 2020, respectively, or $0.44 and $1.48 per diluted share, respectively

Collected 89% to date of rents that were due during the third quarter

SAN DIEGO, Oct.

CTO Realty Growth Increases Quarterly Dividend by 150%, Declares Dividend for the Fourth Quarter 2020

DAYTONA BEACH, Fla., Oct. 28, 2020 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE American: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declared, an increase in the Company’s quarterly cash dividend to $1.00 per share of common stock for the fourth quarter of 2020 from its previous quarterly cash dividend of $0.40 per share of common stock.

Landmark Infrastructure Partners LP Announces Quarterly Distribution; Schedules Third Quarter 2020 Earnings Release and Conference Call

EL SEGUNDO, Calif., Oct. 23, 2020 (GLOBE NEWSWIRE) -- Landmark Infrastructure Partners LP (the “Partnership”) (NASDAQ: LMRK) announced today that the board of directors of its general partner declared a cash distribution of $0.20 per common unit, or $0.80 per common unit on an annualized basis, for the quarter ended September 30, 2020.

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