Real Estate News

Net Income of $0.04 Per Diluted Share

Normalized FFO of $0.26 Per Diluted Share

Reaffirmed 2021 Full-Year Normalized FFO Guidance of $0.98 to $1.02 Per Diluted Share

Company Increases Cash Dividend On Common Shares For Second Consecutive Quarter

VIRGINIA BEACH, Va.

NEW YORK , May 03, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today:

Quarter Ended March 31, 2021 Financial Results

NET INCOME attributable to common shareholders for the quarter ended March 31, 2021 was $4,083,000, or $0.02 per diluted share, compared to $4,963,000, or $0.03 per diluted share, for the prior year's quarter.

Company announces agreement to acquire remaining 35% ownership interest in Gaylord Rockies JV

NASHVILLE, Tenn., May 03, 2021 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc.

JACKSONVILLE, Fla., May 03, 2021 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH)

First Quarter Operational Highlights

NEW YORK, May 03, 2021 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided an $87 million Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 486-unit multifamily property in Prince Georges County, Maryland.

GRAPEVINE, Texas, May 03, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the fourth extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per share (the “Tender Offer”).

SAN DIEGO, CALIFORNIA, May 03, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILA” or the “Company”), an international land investment and development firm, has signed a Letter of Intent (the “LOI”) to acquire a 25% interest in Rancho Costa Verde Development, LLC (“RCV”).

GRAPEVINE, Texas, April 29, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced today that District Judge David L.

SAN CLEMENTE, Calif., April 30, 2021 (GLOBE NEWSWIRE) -- CareTrust REIT, Inc. (NASDAQ:CTRE) announced today that it plans to release its first quarter 2021 financial results after the U.S.