NOI

Equity Commonwealth Reports First Quarter 2024 Results

Retrieved on: 
星期三, 五月 1, 2024
Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Sale, Indian stock exchange, Nature, Commonwealth, EQC, Real estate investing, National Association, FFO, Wind, NOI, GAAP, COVID-19, Security (finance)

Equity Commonwealth (NYSE: EQC) today reported financial results for the quarter ended March 31, 2024.

Key Points: 
  • Equity Commonwealth (NYSE: EQC) today reported financial results for the quarter ended March 31, 2024.
  • Financial results for the quarter ended March 31, 2024
    Net income attributable to common shareholders was $23.4 million, or $0.22 per diluted share, for the quarter ended March 31, 2024.
  • Normalized FFO was $27.6 million, or $0.25 per diluted share, for the quarter ended March 31, 2024.
  • Equity Commonwealth will host a conference call to discuss first quarter results on Thursday, May 2, 2024, at 9:00 A.M. CT.

Farmland Partners Inc. Reports First Quarter 2024 Results

Retrieved on: 
星期二, 四月 30, 2024
REIT, Agriculture, Natural Resources, Commercial Building & Real Estate, Construction & Property, WalletHub, ID, NOI, Common, Webcast

Q1 2024 includes approximately $1.2 million of income from forfeited deposits due to the termination of a repurchase agreement.

Key Points: 
  • Q1 2024 includes approximately $1.2 million of income from forfeited deposits due to the termination of a repurchase agreement.
  • During the three months ended March 31, 2024, the Company acquired three properties for total consideration of $16.3 million.
  • During the three months ended March 31, 2024, the Company did not repurchase any shares of common or preferred stock.
  • The dividends are payable on July 15, 2024, to stockholders and common unit holders of record on July 1, 2024.

SITE Centers Reports First Quarter 2024 Results

Retrieved on: 
星期二, 四月 30, 2024
Cosmetics, Retail, Supply Chain Management, Commercial Building & Real Estate, Restaurant, Bar, Luxury, Construction & Property, Discount, Variety, Convenience Store, Department Stores, Other Retail, Supermarket, REIT, Fashion, Sale, SITE, Bankruptcy, Retirement, Bed Bath & Beyond, Bed, Shop, SITE Centers, NOI, ATLAS, Growth

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended March 31, 2024.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, announced today operating results for the quarter ended March 31, 2024.
  • SITE Centers sold five wholly-owned shopping centers in the first quarter and second quarter to date for an aggregate price of $169.6 million including three wholly-owned shopping centers sold during the first quarter for an aggregate price of $119.4 million.
  • As of March 31, 2024, the Company has amassed a portfolio of 67 wholly-owned properties to be included in the CURB portfolio, including assets separated or in the process of being separated from SITE Centers properties.
  • In the first quarter of 2024, the Company released two properties that had previously been identified to serve as collateral for the facility, thereby reducing the committed amount to $1.0 billion as of March 31, 2024.

Acadia Realty Trust Reports First Quarter Operating Results

Retrieved on: 
星期一, 四月 29, 2024
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Albertsons, Metric, AKR, FFO, Participation, NAREIT, NOI, Credit, GAAP, Growth, Security (finance)

Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended March 31, 2024.

Key Points: 
  • Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended March 31, 2024.
  • Kenneth F. Bernstein, President and CEO of Acadia Realty Trust, commented:
    “Once again, we delivered same-property NOI growth in excess of 5% which we have achieved for the past twelve quarters.
  • This compares with net income of $13.1 million, or $0.14 per share for the quarter ended March 31, 2023.
  • Management will conduct a conference call on Tuesday, April 30, 2024 at 11:00 AM ET to review the Company’s earnings and operating results.

Latch Adds M3 Retrofit Lock to its Lineup of Smart Locks

Retrieved on: 
星期一, 四月 29, 2024
Residential Building & Real Estate, Consumer Electronics, Commercial Building & Real Estate, Technology, Construction & Property, Building Systems, Other Technology, Apps, Applications, Software, Mobile, Wireless, Hardware, Apple Watch, NOI, M3, Locksmithing

Latch, Inc. , soon to be Door.com , today announced its new M3 Retrofit Lock, which is designed to retrofit common mortise locks from Schlage, Sargent, Corbin, Marks, and Best.

Key Points: 
  • Latch, Inc. , soon to be Door.com , today announced its new M3 Retrofit Lock, which is designed to retrofit common mortise locks from Schlage, Sargent, Corbin, Marks, and Best.
  • The new M3 joins Latch’s suite of locks, access control solutions, and building monitoring systems that help Latch customers deliver value to their residents and generate more NOI.
  • “The team at Latch is laser focused on delivering affordable and easy-to-use products and services, like the new M3 Retrofit Lock, that generate NOI for our customers and make residents’ lives easier,” said Jamie Siminoff, Chief Doorman.
  • The M3 Retrofit Lock is now available for pre-order and is expected to begin shipping later this year.

FIBRA Macquarie México Reports First Quarter 2024 Results

Retrieved on: 
星期五, 四月 26, 2024
Commercial Building & Real Estate, Construction & Property, REIT, USD, Investment, PS, United States dollar, Hand, Earnings call, Foot, GLA, NOI, Growth, Security (finance)

For further details about FIBRA Macquarie’s First Quarter 2024 results, please refer to the Supplementary Information materials located at BMV Filings (fibramacquarie.com) .

Key Points: 
  • For further details about FIBRA Macquarie’s First Quarter 2024 results, please refer to the Supplementary Information materials located at BMV Filings (fibramacquarie.com) .
  • FIBRA Macquarie had 797,311,397 outstanding certificates as of March 31, 2024.
  • Please ask for the FIBRA Macquarie First Quarter 2024 Earnings Call.
  • A webcast archive of the conference call and FIBRA Macquarie’s financial information for the first quarter 2024 will also be available on FIBRAMQ’s website, www.fibramacquarie.com .

COPT Defense Reports First Quarter 2024 Results

Retrieved on: 
星期四, 四月 25, 2024
REIT, Defense, Commercial Building & Real Estate, Other Defense, Construction & Property, Supplement, Investment, Tenant, CDP, Trustee, FFO, Foot, LEED, Acquisition, EPS, NOI, Dilution, Growth

COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the first quarter ended March 31, 2024.

Key Points: 
  • COPT Defense Properties (“COPT Defense” or the “Company”) (NYSE: CDP) announced results for the first quarter ended March 31, 2024.
  • Stephen E. Budorick, COPT Defense’s President & Chief Executive Officer, commented, “Our Defense/IT investment strategy, which concentrates our portfolio near priority U.S. defense installations, generated strong results in the first quarter with FFO per share exceeding the midpoint of our guidance range by $0.02.
  • During the quarter ended March 31, 2024, the Company placed into service $32.3 million of developments totaling 73,000 square feet that were 100% leased.
  • For the quarter ended March 31, 2024, the Company’s adjusted EBITDA fixed charge coverage ratio was 4.5x.

Christopher Todd Capital Purchases Arizona BTR Community for $57 Million

Retrieved on: 
星期四, 四月 25, 2024
Residential Building & Real Estate, Urban Planning, Construction & Property, REIT, Build, City, BTR, Water, Growth, Acquisition, Multimedia, Fido, Wood, NOI, Cottage, USB

Christopher Todd Capital has completed its first purchase of a newly-completed Build-to-Rent (BTR) community in Avondale, Arizona, part of Phoenix metro.

Key Points: 
  • Christopher Todd Capital has completed its first purchase of a newly-completed Build-to-Rent (BTR) community in Avondale, Arizona, part of Phoenix metro.
  • View the full release here: https://www.businesswire.com/news/home/20240425097157/en/
    The Cottages at McDowell, located in the greater Phoenix area, has been purchased by Christopher Todd Capital.
  • The Build-to-Rent community is the first acquisition for the company, a part of Christopher Todd Communities, the successful BTR innovator.
  • (Photo: Business Wire)
    Christopher Todd Capital is a privately held family office and a sister company of Christopher Todd Communities, the nation’s most respected BTR cottage-style brand and innovator in developing single-story rental communities.

Corporación Inmobiliaria Vesta Reports First Quarter 2024 Earnings Results

Retrieved on: 
星期四, 四月 25, 2024
Commercial Building & Real Estate, Construction & Property, REIT, International, Certification, VESTA, International Financial Reporting Standards, BMV, Adjustment, Bank statement, GLA, Vesta, NOI, Renewable energy

de C.V., (“Vesta”, or the “Company”) (BMV: VESTA; NYSE: VTMX), a leading industrial real estate company in Mexico, today announced results for the first quarter ended March 31, 2024.

Key Points: 
  • de C.V., (“Vesta”, or the “Company”) (BMV: VESTA; NYSE: VTMX), a leading industrial real estate company in Mexico, today announced results for the first quarter ended March 31, 2024.
  • Vesta delivered outstanding financial results for the first quarter 2024, achieving US$ 60.6 million in total income; a 21.3% year over year increase.
  • Vesta FFO ended Q1 2024 at US$ 40.4 million; a 32.4% increase compared to US$ 30.5 million in Q1 2023.
  • Vesta sold a non-strategic land lease property in the Bajio for US $780,000 during the first quarter 2024 as part of the Company’s strategy to opportunistically recycle non-strategically relevant assets.

Independence Realty Trust Announces First Quarter 2024 Financial Results

Retrieved on: 
星期三, 四月 24, 2024
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, FFO, Sale, Value, Portfolio optimization, Public expenditure, IRT, NOI, Growth, EPS, Fine chemical

April 2024 average occupancy is through April 23, 2024.

Key Points: 
  • April 2024 average occupancy is through April 23, 2024.
  • New, renewal, and blended lease rates and resident retention are for leases commencing during April 2024 that were signed as of April 23, 2024.
  • The property is now under contract and is expected to close during the third quarter of 2024.
  • The first quarter dividend was paid on April 19, 2024 to stockholders of record at the close of business on March 29, 2024.