Real Estate News

Vornado Announces Third Quarter 2020 Financial Results

NEW YORK, Nov. 02, 2020 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) reported today:

Quarter Ended September 30, 2020 Financial Results

NET INCOME attributable to common shareholders for the quarter ended September 30, 2020 was $53,170,000, or $0.28 per diluted share, compared to $322,906,000, or $1.69 per diluted share, for the prior year's quarter.

Armada Hoffler Properties Collects 96% of October Rents

VIRGINIA BEACH, Va., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today provided an update on October rent collections. As of October 27th, the Company had collected 96% of total portfolio rents due for the month, including 100% of office rents, 97% of multifamily rents, and 94% of retail rents.

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.

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