Real Estate News

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.

THE WOODLANDS, Texas, April 30, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the three months ended March31, 2024.

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.

Licensed in Florida and Texas

Boca Raton, FL, April 30, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today announced that it has officially launched Janover Insurance Group Inc.

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.

SANTA MONICA, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its First Quarter 2024 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at www.macerich.com.

Atlanta, April 30, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S.

INDIANAPOLIS, April 30, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored centers and vibrant mixed-use assets, reported today its operating results for the first quarter ended March 31, 2024.

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.