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Homebuilder News

Reit's NOI up in Q1/23, but Interest Expense Is Too
May 19, 2023 (Investorideas.com Newswire) Though continued net operating income growth is expected, management is considering ways to maximize shareholder value

Price Target Lowered on Real Estate Trust
May 15, 2023 (Investorideas.com Newswire) Recently released Q1/23 results from BSR Real Estate Investment Trust were in line with the previous forecast.

Market Overview: What the Heck is Happening in Housing?
April 20, 2023 (Investorideas.com Newswire) Housing has long been a rather staid market. However, a recent confluence of factors from the pandemic to recent interest rate hikes has made it a madhouse.

REIT Ends 2022 Well Set for a Strong 2023, Analyst Says
March 22, 2023 (Investorideas.com Newswire) This Top Pick is expected to generate at least as much, possibly more, revenue this year as it did in 2022

U.S. Cities Investing in More Affordable Housing
February 14, 2023 (Investorideas.com Newswire) Despite home prices starting to stabilize, becoming a homeowner remains largely out of reach for many Americans.

Cities With the Largest Rise in Down Payments During COVID
January 31, 2023 (Investorideas.com Newswire) After a record-setting surge in home prices during the COVID-19 pandemic, the cooling of the real estate market seems to have fully set in.

Eggs Aren't the Only Thing Getting More Expensive. Wait Till You See the Rent in These 20 Cities
Los Altos, CA - January 25, 2023 (Investorideas.com Newswire) Across the U.S., shoppers are united in their shock at the price of eggs.

Cities With the Biggest Increase in Housing Inventory
January 19, 2023 (Investorideas.com Newswire) The COVID-19 pandemic brought dramatic changes to the U.S. housing market. At the onset of the pandemic, housing sales and new construction initially stalled due to economic uncertainty.

RE Investment Co. Buys Two Housing Properties
December 23, 2022 (Investorideas.com Newswire) The accretive acquisition adds scale to the company's asset portfolio, from which it benefits, noted an Echelon Capital Markets report.

Collab Presents the Idea of Decentralization and Community, Transforming Real Estate Investment Management
New York, New York - December 20, 2022 (Investorideas.com Newswire) CollabHome has launched the innovative idea of decentralization and community-oriented ideology in Real Estate Investment Management and Property Management Platform.

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Homebuilders News from Newsfile

Pine Trail REIT Announces June 2023 Monthly Distribution
Toronto, Ontario--(Newsfile Corp. - June 1, 2023) - Pine Trail Real Estate Investment Trust (TSXV: PINE.UN) (TSXV: PINE.U) (the "REIT") announces that it has declared a distribution of $0.00030 per trust unit (TSXV: PINE.UN) (TSXV: PINE.U) for the month of June, 2023 (the "Distribution"). The Distribution will be paid on June 15, 2023 to unitholders of record as at June 8, 2023.FOR FURTHER INFORMATION, PLEASE CONTACT: Andrew Shapack, Chief Executive Officer: (416) 532-2200The TSXV has in no way...

Everyday People Financial Reports Financial Results for the Three Months Ended March 31, 2023
Revenue of $8.0 million for the three months ended March 31, 2023, up 78% as compared to $4.5 million for the same period in 2022Everyday People shifted its focus in Q1-2023 and is committed to its new strategy and efforts on building and expanding its Revenue Cycle Management business through accretive acquisitions in Canada and beyondEdmonton, Alberta--(Newsfile Corp. - May 23, 2023) - Everyday People Financial Corp. (TSXV: EPF) ("Everyday People" or the "Company"), a Canadian-based financial...

Quixotic Realty Unveils Its Innovative and Educational Approach to Commercial Real Estate Leasing to Millennials & Gen Z Small to Mid-Sized Businesses
Los Angeles, California--(Newsfile Corp. - May 16, 2023) - Los Angeles commercial real estate brokerage, Quixotic Realty, recently unveiled their unique approach addressing the uniqueness of the commercial real estate leasing landscape for Millennial small business owners. Spearheaded by CEO Donegan McCuaig, the company aims to provide a unique and innovative environment for businesses to thrive by offering tailored leasing solutions while educating both landlords and tenants, utilizing their...

Parkit Enterprise Reports Q1 Results
Toronto, Ontario--(Newsfile Corp. - May 11, 2023) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), today reported the Company's first quarter 2023 results. Steve Scott, Chair of Parkit, commented:"In Q1 Parkit closed on a $90.3 million portfolio in Winnipeg and Saskatchewan, continued to streamline operations on its properties and advance its leasing activities. The new portfolio adds significant scale by adding 800,000 sf of Gross Leasable Area and in-place cash flows."2023 Q1...

Sun Residential REIT Reports Solid Results, Announces Investor Conference Call on May 3, and Declares Q2 Distribution Payable June 30, 2023
Toronto, Ontario--(Newsfile Corp. - May 2, 2023) - Sun Residential Real Estate Investment Trust (TSXV: SRES) today released its financial results for the three months ended March 31, 2023. All amounts are in United States dollars unless otherwise noted. "C$" refers to Canadian dollars.Revenue for the three months ended March 31, 2023 was $1,395,353 an increase of 8.1% compared with the same period in the prior year. Net rental income was $986,971, an increase of 8.6%, and net income and...

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