WINTER PARK, Fla., Aug. 08, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company”) today announced that it has entered into a purchase and sale agreement for the acquisition of a three-property portfolio (the “Three Property Portfolio”) for a purchase price of $137.5 million.
Real Estate News
OLD GREENWICH, Conn., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP), (“Star Equity” or the “Company”), a diversified holding company, announced today that it will release its financial results for the second quarter endedJune 30, 2024,before the market opens onTuesday, August 13, 2024.
Achieves Double Digit Same Store NOI Growth, Record Services Margins for a Second Consecutive Quarter and Raises Full Year Earnings Guidance
ATLANTA, GA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Americold Realty Trust, Inc.
Not for distribution to U.S. newswire services or dissemination in the United States.
TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today released its second quarter 2024 results.
Second Quarter 2024 Revenue Totaled $12.5 Million, an Increase of 9.5% Year-Over-Year
Second Quarter 2024 Net Income Attributable to Common Stockholders Totaled $6.8 Million, Funds from Operations Totaled $10.5 Million, and Adjusted Funds from Operations Totaled $11.0 Million
Conference Call and Webcast Scheduled for August8, 2024, at 11 a.m.
GAAP Net Income of $0.4million
Normalized FFO of $0.34 Per Diluted Share
Office Same Store NOI Growth of 9.0% (GAAP) and 7.7% (Cash); Positive Office Renewal Spreads of 24.3% (GAAP) and 4.4% (Cash)Office Occupancy Increased to 94.3%
Positive Renewal Spreads on Retail Leases of 5.8% (GAAP) and 2.9% (Cash)
Positive Tradeouts on Multifamily Renewals of 4.3%
Maintained 2024 Full-Year Normalized FFO Guidance Range of $1.21 to $1.27 Per Diluted Share
VIRGINIA BEACH, Va.
JACKSONVILLE, Fla., Aug. 07, 2024 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH)
Second Quarter Highlights
242% increase in Net Income ($2.0 million vs $598,000)21% increase in pro rata NOI ($9.2 million vs $7.6 million)84% increase in the Multifamily segment’s pro rata NOI due to the transfer of Bryant St.Biodegradable Packing Material by SROA Capital and INOArmor
LAS VEGAS, Aug. 07, 2024 (GLOBE NEWSWIRE) -- BLAQclouds, Inc. (OTC: BCDS) is pleased to announce the intent to acquire the equity of ZEUS Blockchain Partners, Inc.
Boca Raton, FL, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today provided an update on its wholly-owned subsidiary Groundbreaker Tech Inc.