Second Quarter 2024 Revenue Totaled $12.5 Million, an Increase of 9.5% Year-Over-Year
Second Quarter 2024 Net Income Attributable to Common Stockholders Totaled $6.8 Million, Funds from Operations Totaled $10.5 Million, and Adjusted Funds from Operations Totaled $11.0 Million
Conference Call and Webcast Scheduled for August8, 2024, at 11 a.m.
GAAP Net Income of $0.4million
Normalized FFO of $0.34 Per Diluted Share
Office Same Store NOI Growth of 9.0% (GAAP) and 7.7% (Cash); Positive Office Renewal Spreads of 24.3% (GAAP) and 4.4% (Cash)Office Occupancy Increased to 94.3%
Positive Renewal Spreads on Retail Leases of 5.8% (GAAP) and 2.9% (Cash)
Positive Tradeouts on Multifamily Renewals of 4.3%
Maintained 2024 Full-Year Normalized FFO Guidance Range of $1.21 to $1.27 Per Diluted Share
VIRGINIA BEACH, Va.
JACKSONVILLE, Fla., Aug. 07, 2024 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH)
Second Quarter Highlights
242% increase in Net Income ($2.0 million vs $598,000)21% increase in pro rata NOI ($9.2 million vs $7.6 million)84% increase in the Multifamily segment’s pro rata NOI due to the transfer of Bryant St.Biodegradable Packing Material by SROA Capital and INOArmor
LAS VEGAS, Aug. 07, 2024 (GLOBE NEWSWIRE) -- BLAQclouds, Inc. (OTC: BCDS) is pleased to announce the intent to acquire the equity of ZEUS Blockchain Partners, Inc.
Boca Raton, FL, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today provided an update on its wholly-owned subsidiary Groundbreaker Tech Inc.
CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, today announced its results for the second quarter ended June 30, 2024.
NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $28,159,600 HUD-insured 221(d)(4) loan to finance the construction of a 192-unit multifamily community in Traverse City, Blair Township, Michigan.
FREEHOLD, NJ, Aug. 06, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended June 30, 2024 of $60.3 million as compared to $55.3 million for the quarter ended June 30, 2023, representing an increase of 9%.
- Acquired 70 USPS Properties for $28.3Million -- Acquired at a Weighted Average Capitalization Rate of 7.6% -- Collected 100% of Contractual Rents -
CEDARHURST, N.Y.
Compare listings
Compare