Real Estate News

PLYMOUTH MEETING, Pa., March 11, 2021 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $2,093,000, or $0.29 per share, for its 2021 fiscal third quarter ended January 31, 2021 compared to net income of $338,000, or $0.04 per share, for the same period of the prior year.

IRVING, Texas, March 11, 2021 (GLOBE NEWSWIRE) -- CorePoint Lodging Inc. (NYSE: CPLG) (“CorePoint” or the “Company”), a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments, today reported operational and financial results for the fourth quarter and full year ended December31, 2020.

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.