Real Estate News

Sun Communities, Inc. Reports 2024 First Quarter Results

Total Revenue Increased by 3.1%

Net Loss per Diluted Share of $0.22

Core FFO per Share of $1.19

Total North America Same Property NOI Increased by 7.9%

North America Same Property Adjusted Blended Occupancy for MH and RVIncreased by 180 Basis Points, Year-over-Year

Revenue Producing Site Gains of 233, Including 176 Transient-to-Annual RV Site Conversions

Full-Year Core FFO per Share Guidance for 2024 of $7.06 - $7.22

Guidance Range for Full-Year North America Same Property NOI Growth of 4.6% - 5.8%

Southfield, April 29, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc.

Postal Realty Trust Declares First Quarter 2024 Dividend

CEDARHURST, N.Y., April 30, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company’s Class A common stock in the amount of $0.24 per share.

Postal Realty to Participate in the BMO Annual Real Estate Conference

CEDARHURST, N.Y., April 30, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that Andrew Spodek, Chief Executive Officer, Jeremy Garber, President, and Robert Klein, Chief Financial Officer, will participate in the BMO Annual Real Estate Conference at the InterContinental Barclay New York on Wednesday, May 8, 2024.

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