Real Estate News

American Assets Trust, Inc. Reports First Quarter 2021 Financial Results and COVID-19 Operational Update

Net income available to common stockholders of $1.3 million for the first quarter, or $0.02 per diluted share

Funds From Operations per diluted share decreased 32% year-over-year for the first quarter, to $0.38 per diluted share

Collected 93% to date of rents that were due during the first quarter of 2021

SAN DIEGO, April 27, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc.

Hersha Hospitality Trust Announces First Quarter 2021 Results

- First Quarter 2021 Net Income of $2.9 Million -- Property Level Cash Flow Increased to $3.7 Million in March -- First Quarter 2021 Occupancy Exceeds Fourth Quarter 2020 Occupancy by 1,300 Basis Points -- First Quarter Portfolio RevPAR Beats Internal Forecast by 34% -

PHILADELPHIA, April 28, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha,” “Company,” “we” or “our”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced results for the first quarter ended March 31, 2021.

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