Real Estate News

Full Year Total Home Sales Increase 29% Versus 2019, With Backlog Up Over Sixfold

NEWPORT BEACH, Calif., March 11, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, reported financial results for the fourth quarter and full year ended December 31, 2020.

SAN CLEMENTE, Calif., March 15, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc.(NASDAQ:CTRE) announced today that its Board of Directors has increased its quarterly common stock cash dividend from$0.25to$0.265per common share.

Orlando, Fla., March 11, 2021 (GLOBE NEWSWIRE) -- CNL Healthcare Properties, a real estate investment trust focused on seniors housing, announced that its board of directors unanimously approved an estimated net asset value (NAV) per share of $7.38 as of Dec.

2020 Revenue Increased 84% to Record $1.8 Billion; Drives Most Profitable Year in Company History With Net Income of More Than $31 Million

The Park is an industrial, warehouse and flex product comprised of five buildings and located in one of Orlando’s most desirable locations

CLEVELAND, March 11, 2021 (GLOBE NEWSWIRE) -- Ten Capital Management (“TCM”), a privately held real estate investment management firm, today announced it has completed the acquisition of five buildings in Technology Park (“The Property”), located at 100, 200, 250, 255 & 525 Technology Parkway in Lake Mary, FL.

DAYTONA BEACH, Fla., March 11, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of Eastern Commons, an approximately 147,000 square foot multi-tenant retail property in the Henderson submarket of Las Vegas, Nevada (the “Property”) for a purchase price of approximately $18.5 million, or $126 per square foot.

SANTA ANA, Calif., March 11, 2021 (GLOBE NEWSWIRE) -- Today, Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, announced that Sarah Acosta has joined the company as Vice President, Product & Data Operations.

FREEHOLD, NJ, March 10, 2021 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) reported Total Income of $163.6 million for the year ended December 31, 2020 as compared to $146.6 million for the year ended December 31, 2019, representing an increase of 12%.

DAYTONA BEACH, Fla., March 10, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced that it has successfully amended its unsecured credit agreement to originate a new $50 million unsecured term loan (the “Term Loan”) and increase the total committed capacity of its unsecured revolving credit facility (the “Revolving Facility”) from $200 million to $210 million (together, the “Credit Facility”).

NEW YORK, March 08, 2021 (GLOBE NEWSWIRE) -- RPT Realty (NYSE:RPT) (the “Company”) announced today that President and Chief Executive Officer, Brian Harper, will present at the Citi 2021 Virtual Global Property CEO Conference.