Atlanta, Feb. 13, 2025 (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.
2025
Board of Trustees Initiates Review of Strategic Alternatives to Maximize Shareholder Value
BETHESDA, Md., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Elme Communities (the “Company” or “Elme”) (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 and year ended December 31, 2024:
Fourth Quarter Financial and Operational Highlights
Net loss was $3.0 million, or $0.03 per diluted shareCore FFO was $20.7 million, or $0.24 per diluted shareSame-store multifamily NOI increased by 1.7% compared to the prior year quarterAverage Effective Monthly Rent Per Home increased 1.9% compared to the prior year quarter for our Same-Store PortfolioEffective blended Lease Rate Growth was 1.3% for our Same-Store Portfolio during the quarter, comprised of effective new Lease Rate Growth of (3.6)% and effective renewal Lease Rate Growth of 5.1%Same-store Retention was 68%, up 3% compared to the prior year quarterSame-store multifamily Average Occupancy was 95.0% during the quarter, up 0.1% compared to the prior year quarterSame-store multifamily Ending Occupancy was 95.4%, up 0.1% compared to the prior year quarter and up 0.6% compared to the prior quarter.Changes to program guidelines are effective immediately
DALLAS, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Lone Star PACE, a leading administrator of Texas’ C-PACE program, is pleased to announce a change to program guidelines that allows a greater portion of project costs to be financed by Commercial Property Assessed Clean Energy.
New Guidelines to Bolster Community Growth and Guide Future Redevelopment
HONOLULU, Hawaii, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Ward Village®, an award-winning 60-acre master planned community in the heart of Honolulu, has opened the makai phase of Victoria Ward Park, the community’s first SITES-certified park and the initial phase of a two-part development plan for enhanced public green space.
Jay Pepper-Martens
ROBESONIA, Pa., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Blaqclouds, Inc. (OTC: BCDS), a leading innovator in blockchain technology and Web3 solutions, is proud to announce the appointment of Dr.
ORINDA, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (Nasdaq: MKZR) (“MacKenzie” or the “Company”) provided a business update on February 13, 2025.
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TORONTO, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (TSX: MHC.U)(TSX:MHC.UN) (“Flagship” or the “REIT”) today announced that senior management will host a conference call on Thursday, March 13, 2025 at 8:30 a.m.
CEDARHURST, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that it will report its financial results for the period ended December 31, 2024, on Wednesday, February 26, 2025, after market close.
WEST PALM BEACH, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on Class A warehouse and distribution real estate investments, today announced results for the quarter and year ended December31, 2024.