Tenant

CTO Realty Growth Reports Fourth Quarter And Full Year 2023 Operating Results

Retrieved on: 
Thursday, February 22, 2024
Growth, Sale, Tenant, NOI, Collection, Holding company

WINTER PARK, Fla., Feb. 22, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter and year ended December 31, 2023.

Key Points: 
  • WINTER PARK, Fla., Feb. 22, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced its operating results and earnings for the quarter and year ended December 31, 2023.
  • Reported AFFO per diluted share attributable to common stockholders of $1.91 for the year ended December 31, 2023.
  • Reported Net Income per diluted share attributable to common stockholders of $0.25 for the quarter ended December 31, 2023.
  • “Operational performance in the fourth quarter was strong, with comparable leasing rent growth of nearly 18% and same-store NOI growth of just under 5%.

Chuy’s Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024
Total, Restaurant, Share repurchase, Calendar, Tenant, GAAP, Comparable, IRS, Public expenditure, Bank statement, Insurance, Video game

AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Chuy’s Holdings, Inc. (NASDAQ:CHUY) today announced financial results for the 14 week fourth quarter and the 53 week fiscal year ended December 31, 2023.

Key Points: 
  • AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Chuy’s Holdings, Inc. (NASDAQ:CHUY) today announced financial results for the 14 week fourth quarter and the 53 week fiscal year ended December 31, 2023.
  • Highlights for the 14 week fourth quarter ended December 31, 2023, as compared to the 13 week fourth quarter ended December 25, 2022, were as follows:
    Revenue increased 11.8% to $116.3 million compared to $104.1 million in the fourth quarter of 2022.
  • The Company's fourth quarter of 2023 included 14 weeks as compared to 13 weeks in fiscal year 2022.
  • As a percentage of revenue, general and administrative expenses increased to 6.9% in the fourth quarter of 2023 from 6.2% in the fourth quarter of 2022.

Plymouth Industrial REIT Reports Fourth Quarter Results

Retrieved on: 
Wednesday, February 21, 2024
Wells Fargo, Capital One, Investment, Growth, Table, Chase Bank, Sale, Tenant, NOI, Adjustment, IRR, GAAP, Acute and obtuse triangles, History, Public expenditure, Net, JPMorgan Chase, Holding company

BOSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT , Inc. (NYSE: PLYM) (the “Company”) today announced its financial results for the fourth quarter and year ended December 31, 2023 and other recent developments.

Key Points: 
  • BOSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT , Inc. (NYSE: PLYM) (the “Company”) today announced its financial results for the fourth quarter and year ended December 31, 2023 and other recent developments.
  • During the fourth quarter, Plymouth completed the previously announced sale of its 156,634-square-foot industrial building in Marlton, New Jersey for $16.8 million.
  • During the fourth quarter, Plymouth delivered a fully leased industrial building in Jacksonville totaling 39,750 square feet.
  • During the fourth quarter, Plymouth also signed a seven-year, 108,000-square-foot lease at its 180,000-square-foot industrial building in Atlanta, bringing the new development to 100% occupancy.

SolarEdge to Invest in German Software Start-Up Aiming to Decarbonize the Multi-Dwelling Sector

Retrieved on: 
Thursday, March 7, 2024
Commercial Building & Real Estate, Technology, Construction & Property, Other Energy, Utilities, Software, Building Systems, Alternative Energy, Energy, Residential Building & Real Estate, EV, SolarEdge, Multimedia, Tenant, Carbon, Heat, Electricity, Housing, Partnership, Renewable energy

Zvi Lando, CEO, SolarEdge Technologies, said: "More than half2 of the population in Germany live in multi-dwelling apartment buildings, most of them under a leasing contract.

Key Points: 
  • Zvi Lando, CEO, SolarEdge Technologies, said: "More than half2 of the population in Germany live in multi-dwelling apartment buildings, most of them under a leasing contract.
  • Until recently this meant they had less access to clean solar energy in comparison with those who own a private home.
  • This collaboration is centered around a holistic approach that combines technology, software and services.
  • We are focused on providing residential portfolios with a scalable PV tenant electricity solution, embedded into an overall carbon strategy.

Genesco Inc. Reports Fiscal 2024 Fourth Quarter and Full Year Results

Retrieved on: 
Friday, March 8, 2024
Retail, Technology, Footwear, Other Consumer, Women, Online Retail, Other Retail, Discount, Variety, Children, Men, Electronic Commerce, Specialty, Family, Consumer, Fashion, Square, Analysis, Depreciation, Johnston & Murphy, Conversation, Journey, Pressure, Weather, Risk, Share repurchase, Marketing, Conference proceedings, Inventory, Growth, ESG, Tenant, Pandemic, Weakness, Holiday, GAAP, Public expenditure, Result, Foreign, Fiscal, Public, Video game

Adjusted operating margin was 5.2% of sales in the fourth quarter of Fiscal 2024 and 7.0% in the fourth quarter last year.

Key Points: 
  • Adjusted operating margin was 5.2% of sales in the fourth quarter of Fiscal 2024 and 7.0% in the fourth quarter last year.
  • The effective tax rate for the quarter was 43.0% in Fiscal 2024 compared to 19.1% in the fourth quarter last year.
  • GAAP earnings from continuing operations were $20.3 million in the fourth quarter of Fiscal 2024 compared to $39.2 million in the fourth quarter last year.
  • Total debt at the end of the fourth quarter of Fiscal 2024 was $34.7 million compared with $44.9 million at the end of last year’s fourth quarter.

CareTrust REIT Acquires Three Property Skilled Nursing Portfolio in Texas and Missouri

Retrieved on: 
Wednesday, March 6, 2024
Health, Consumer, Seniors, Baby Boomers, Managed Care, Construction & Property, REIT, Acquisition, Hand, Tenant, Patient, PACS, Commercial property

CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of three skilled nursing facilities for approximately $55.6 million, inclusive of transaction costs.

Key Points: 
  • CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of three skilled nursing facilities for approximately $55.6 million, inclusive of transaction costs.
  • The portfolio, consisting of 210 skilled nursing beds and 24 assisted living units, will be added to CareTrust’s existing master lease with affiliates of PACS Group, Inc., who has been operating the facilities for a third-party landlord.
  • Two of the facilities are located in Houston, Texas and one is located in Columbia, Missouri.
  • The acquisition adds three facilities to CareTrust’s relationship with PACS and increases annual rent under the existing master lease by approximately $5,002,000.

Soloviev Group Signs Tikehau Capital to Long Term Lease at 9 West 57th Street

Retrieved on: 
Thursday, March 7, 2024
Commercial Building & Real Estate, Construction & Property, Building Systems, Alberto Giacometti, Solovyov, Apollo, Multimedia, Loews Corporation, CBRE, Pleasure, Long Island Sound, Tenant, SOM, Avison Young, Coffee, Hudson River, Skidmore, Owings & Merrill, Environment

This long-term lease marks a major milestone for Stefan Soloviev, chairman of the Soloviev Group, who predicted the building would reach full occupancy during a live interview less than a year ago.

Key Points: 
  • This long-term lease marks a major milestone for Stefan Soloviev, chairman of the Soloviev Group, who predicted the building would reach full occupancy during a live interview less than a year ago.
  • “It just goes to show you that we have something special going on at 9 West 57th Street.
  • I truly believe that 9 West 57th Street is the best commercial building in the world.
  • 9 West 57th Street, which is owned and managed by the Soloviev Group, also serves as its corporate headquarters.

Sila Realty Trust, Inc. Fourth Quarter and Year Ended 2023 Results

Retrieved on: 
Wednesday, March 6, 2024
REIT, Hospitals, Health, Commercial Building & Real Estate, Construction & Property, Investment, FFO, Quarter, GAAP, Renting, Growth, Exercise, Tenant, Core, NOI

Sila Realty Trust, Inc. today announced operating results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Sila Realty Trust, Inc. today announced operating results for the fourth quarter and year ended December 31, 2023.
  • Highlights of the Quarter Ended December 31, 2023 vs. December 31, 2022
    Rental revenue was $45.9 million, an increase of 5%.
  • Highlights of the Year Ended December 31, 2023 vs. December 31, 2022
    Rental revenue was $189.1 million, an increase of 5%.
  • The Company declared distributions per share of common stock in the amount of $0.40 for the year ended December 31, 2023.

Protest: Post Office Won’t Deliver Skid Row Mail

Retrieved on: 
Wednesday, March 6, 2024
Legal, Advocacy Group Opinion, Public Policy, Government, Professional Services, AIDS, White House, Federal Government, Health, State, Local, HHR, AIDS Healthcare Foundation, USPS, HHF, Skid row, AHF, Housing, The Postal Service, Tenant, Homelessness, Human, Louis DeJoy, SRO

AHF complied with the law and installed USPS-approved mailboxes for all the tenants at the SRO buildings that AHF owns and operates.

Key Points: 
  • AHF complied with the law and installed USPS-approved mailboxes for all the tenants at the SRO buildings that AHF owns and operates.
  • For several years and on many occasions, AHF informally asked the USPS to deliver mail properly to its Skid Row properties and even filed a formal administrative claim with the USPS to get a change in delivery to no avail.
  • The case is Shawn Jenkins and AIDS Healthcare Foundation vs. USPS, Louis DeJoy & Six … ( Case No.
  • In 2017, under its Healthy Housing Foundation division, AHF began purchasing and repurposing SRO hotels to address the escalating homelessness and affordable housing crises.

Turnbridge Equities Acquires 2.5-acre Industrial Outdoor Storage (IOS) Site in Brooklyn, New York

Retrieved on: 
Wednesday, March 6, 2024
Commercial Building & Real Estate, Construction & Property, REIT, Acquisition, IOS, Stock, Belt Parkway, Growth, Tennis, Tenant, Match

Turnbridge Equities (Turnbridge), a vertically integrated real estate investment and development firm, announced the acquisition of 2300 East 69th Street Avenue in Brooklyn, NY, for $16.6 million.

Key Points: 
  • Turnbridge Equities (Turnbridge), a vertically integrated real estate investment and development firm, announced the acquisition of 2300 East 69th Street Avenue in Brooklyn, NY, for $16.6 million.
  • The 2.52-acre property, which includes an 11,000 square foot building, is slated for industrial outdoor storage (IOS) use and will be the third New York City IOS property that Turnbridge has acquired in the last year for its urban-infill IOS portfolio.
  • The property is adjacent to 2350 East 69th Street, a 1.4-acre property that Turnbridge acquired in January 2024 for $8.85 million, bringing the assemblage to nearly four acres.
  • In addition, both markets enjoy multiple demand drivers outside of ecommerce, such as media studios, municipal services, laydown yards, container storage, and renewable energy production and energy storage.