Total revenues of $549.2 million ($550.3 million on an adjusted basis) compared to $844.1 million ($850.7 million on an adjusted basis) in the prior year quarter Net income of $15.8 million ($18.9 million net income on an adjusted basis) compared to $61.7 million ($70.4 million on an adjusted basis) in the prior year quarter Diluted […]
Read MoreMAA REPORTS SECOND QUARTER 2023 RESULTS
GERMANTOWN, Tenn., July 26, 2023 /PRNewswire/ — Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended June 30, 2023. Second Quarter 2023 Operating Results Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Earnings per common share – diluted $ 1.24 $ 1.82 $ 2.40 $
Read MoreSTEWART INFORMATION SERVICES CORPORATION APPOINTS HELEN VAID AS NEW DIRECTOR
HOUSTON, July 26, 2023 /PRNewswire/ — Stewart Information Services Corporation (NYSE:STC) today announced that Helen Vaid has been appointed to its Board of Directors, effective August 1, 2023. “We are extremely pleased to welcome Ms. Vaid to our Board of Directors,” said Chief Executive Officer Fred Eppinger. “Ms. Vaid is a seasoned strategic and
Read MoreBroward County Single-Family Home Mid-Market Sales Trending Upward
MIAMI — Broward County single-family home mid-market sales continue trending upward, according to May 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Broward single-family $400,000 to $600,000 home sales stayed even year-over-year in May 2023 at 471 transactions. South Florida s
Read MoreVERIS RESIDENTIAL AND ROCKPOINT ANNOUNCE EARLY REDEMPTION OF ROCKPOINT’S INTEREST IN VERIS RESIDENTIAL TRUST
Transaction Marks Pivotal Point for Veris Residential and Cements Company’s Position as a Pure-Play Multifamily REIT Rockpoint’s Preferred Equity Interest Redeemed for $520 Million BOSTON and JERSEY CITY, N.J., July 26, 2023 /PRNewswire/ — Veris Residential, Inc. (“Veris Residential”) (NYSE: VRE), a forward-thinking, environmentally and socially co
Read MoreMiami-Dade Single-Family $600K to $1M Home Sales Rise; South Florida Showing Appointments Increase Year-over-Year
MIAMI — Miami-Dade County single-family $600,000 to $1M home sales surged while South Florida showing appointments also rose year-over-year, according to May 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami-Dade single-family $600,000 to $1M home sales surged 12.9% year-ove
Read MoreVeris Residential, Inc. Reports Second Quarter 2023 Results
JERSEY CITY, N.J., July 26, 2023 /PRNewswire/ — Veris Residential, Inc. (NYSE: VRE) (the “Company”) today reported results for the second quarter 2023. OPERATIONAL HIGHLIGHTS FOR SECOND QUARTER 2023 Net loss available to common shareholders was $(0.30) per share. Core Funds from Operations (“Core FFO”) per share of $0.16. 7,681-unit multifamily por
Read MoreHUD Awards Atlanta Housing, City of Atlanta $40 Million for Bowen Homes Transformation
ATLANTA, July 26, 2023 /PRNewswire/ — HUD announced today that Atlanta Housing (AH) and the City of Atlanta have been awarded a $40 million Choice Neighborhoods Implementation Grant to revitalize the former Bowen Homes. The area includes the surrounding neighborhoods of Carey Park and a portion of Almond Park, along with the neighborhood-related se
Read MoreVeris Residential Issues Clarification Regarding Scheduled Time for Second Quarter 2023 Earnings Conference Call
Call and Webcast to be Held at 8:30 a.m. Easter Time on Thursday, July 27 JERSEY CITY, N.J., July 26, 2023 /PRNewswire/ — Veris Residential, Inc. (NYSE: VRE) (the “Company”), a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically-inspired, C
Read MoreEQUITY IMPROVES FOR U.S HOMEOWNERS AS HOUSING MARKET BOOM SHOWS SIGNS OF REVIVAL
Equity-Rich Portion of Mortgaged Homes Rises Back Up Amid Home-Price Rebound;Half of all Homeowners Paying Mortgages are Equity-Rich;Seriously Underwater Level of Mortgages Also Sees Improvement IRVINE, Calif., July 27, 2023 /PRNewswire/ — ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 U.S.
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