NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three months ended March31, 2024.
Real Estate News
BETHESDA, Md., May 01, 2024 (GLOBE NEWSWIRE) -- Elme Communities (the “Company”) (NYSE: ELME), a multifamily REIT with communities in the Washington, DC metro area and the Atlanta metro area, reported financial and operating results today for the quarter ended March 31, 2024:
Financial Results
Net loss was $3.6 million, or $0.04 per diluted shareNAREIT FFO was $21.3 million, or $0.24 per diluted share, up 20% compared to the prior year period due primarily to additional payments received with respect to easements previously conveyedCore FFO was $19.9 million, or $0.23 per diluted share, down 4% compared to the prior year periodNet Operating Income (NOI) was $37.8 million, up 4% compared to the prior year periodOperational Highlights
Same-store multifamily NOI increased by 0.3% compared to the prior year periodEffective blended Lease Rate Growth was 2.3% during the quarter for our Same-Store Portfolio, comprised of effective new Lease Rate Growth of (2.1)% and effective renewal Lease Rate Growth of 6.2%Average Effective Monthly Rent Per Home increased 3.1% compared to the prior year period for our Same-Store PortfolioSame-store Retention was 65% while achieving strong renewal Lease Rate GrowthSame-store multifamily Average Occupancy was 94.4% during the quarter, down 0.9% compared to the prior year period and down 0.5% compared to the prior quarter primarily due to the timing of evictions in our Atlanta communities and the impact of supply.Not for distribution to U.S. newswire services or dissemination in the United States.
TORONTO, May 01, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today published its fourth Environmental, Social and Governance (“ESG”) Report (the “Report”).
Woburn, MA, April 25, 2024 (GLOBE NEWSWIRE) -- Tami Bonnell, Co-Chair of EXIT Realty Corp. International, today announced that EXIT Realty’s expansion across the US continues with seven more new markets open:
EXIT Realty Defined, located at 981 Delsea Drive MM2, Franklinville, NJ, 08322.Reaffirms 2024 Full Year Earnings Outlook
NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”) announced today its financial and operating results for the quarter ended March 31, 2024.
SUNNYVALE, Calif., April 26, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, today announced that it will no longer hold its first quarter results conference call originally scheduled for Monday, May 6, 2024 at 1:30 p.m.
Campaign To Plant 100,000+ Trees to Support Reforestation, Urban Forestry
Retail REIT Named Green Lease Leader, Honored Among ‘America’s Most Responsible Companies’
SANTA MONICA, Calif.
VERO BEACH, Florida, April 25, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the Company's unaudited Q1 results and March 31, 2024 financial position.
Board Highlights Proven Turnaround Strategy Executed by New Leadership Team Since Early 2022
Erez’s Materials Demonstrate Lack of Understanding of Whitestone’s Business
Mr. Schanzer’s Indicating He Never Advocated For a "Corporate Unwind Scenario" Displays His Lack of Honesty and Transparency with Shareholders
Erez’s One-Dimensional Strategy Is an Attempt to Generate Short-Term Gains at the Expense of Long-Term Shareholder Value Creation
HOUSTON, April 29, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) announced today that it has mailed a letter to shareholders in connection with its 2024 Annual Meeting of Stockholders scheduled to be held on May 14, 2024, urging shareholders to vote the WHITE proxy card “FOR ALL” of Whitestone’s highly qualified trustees standing for election.
ORINDA, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (“MacKenzie” or the “Company”) is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol of MKZR.