Real Estate News

Net income available to common stockholders of $2.9 million and $27.7 million for the three months and year ended December 31, 2020, respectively, or $0.05 and $0.46 per diluted share, respectively

Funds From Operations per diluted share decreased 27% and 14% year-over-year for the three months and year ended December 31, 2020, respectively, or $0.41 and $1.89 per diluted share, respectively

Collected 92% to date of rents that were due during the fourth quarter of 2020

SAN DIEGO, Feb.

UNIONDALE, N.Y., Feb. 09, 2021 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced that it is scheduled to release fourth quarter 2020 financial results before the market opens on Friday, February 19, 2021.

SAN CLEMENTE, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that David Sedgwick, CareTrust’s Chief Operating Officer and one of the original members of CareTrust’s seasoned management team, has been promoted to President of the company.

NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $23.8 million HUD-insured loan to refinance a newly-expanded 220-unit seniors housing and healthcare services campus in Elkhart, Indiana.

In partnership with the Orlando Housing Authority, Wendover breaks ground on Monroe Landings, breathing new life into the historic Sanford neighborhood

ORLANDO, Fla., Feb. 09, 2021 (GLOBE NEWSWIRE) -- Wendover Housing Partners, one of the Southeast’s premier multi-family housing developers, today announces that is has broken ground on Monroe Landings, a new multi-family affordable housing community in Sanford’s Goldsboro neighborhood.

PHILADELPHIA, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today announced a partnership with a global institutional investor for its Schuylkill Yards West mixed-use tower at 3025 JFK Blvd.

THE WOODLANDS, Texas, Feb. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced 650 home closings in January 2021, up from 434 home closings in January 2020, representing year-over-year growth of 49.8%.

TEL AVIV, Israel, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Acro, one of Israel’s leading real estate companies, is announcing today a ground-breaking new partnership with Venn, the world’s only platform and experience company focused exclusively on neighborhoods.

Gig Harbor, Washington , Feb. 04, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that on January 29, 2021, it closed on 36 of the 66 contracted developed lots in the Darkhorse Golf Course community 33 miles northeast of Sacramento in Auburn, California for $4,900,000.

Top Coral Gables Miami Realtor Ashley Cusack has been featured in the January 2021 Florida edition of Top Agent Magazine. She was recognized for her 30 year professional career and over $1 Billion in real estate sales.