SCOTTSDALE, Ariz., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced that its joint venture development, PURE Pickleball & Padel™ ("PURE") has signed a 10-Year, exclusive agreement with Wolfgang Puck Catering, a premium catering, corporate dining and hospitality company. Wolfgang Puck Catering will serve as the exclusive food and beverage services provider for PURE's first floor restaurant and bar, grab-and-go marketplace, pro arena conc ...

Caliber's Joint Venture Development, PURE Pickleball & Padel, Announces Agreement with Wolfgang Puck Catering SCOTTSDALE, Ariz., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced that its joint venture development, PURE Pickleball & Padel™ ("PURE") has signed a 10-Year, exclusive agreement with Wolfgang Puck Catering, a premium catering, corporate dining and hospitality company. Wolfgang Puck Catering will serve as the exclusive food and ...

Group 1 - The author has a background in private credit and commercial real estate (CRE) mezzanine financing, indicating expertise in financial analysis and investment strategies [1] - The author has collaborated with prominent CRE developers, suggesting a strong network and understanding of the real estate market dynamics [1] - The author is fluent in Mandarin, which may provide an advantage in understanding Asian markets and investment opportunities [1] Group 2 - The article does not provide any specific investment recommendations or financial advice, emphasizing the author's personal opinions and research [2][3][4] - There is no disclosure of any current stock or derivative positions in the companies mentioned, indicating an unbiased perspective [2] - The content is intended for general informational purposes and may not be suitable for all investors, highlighting the importance of individual financial situations [3][4]

Core Insights - Stratus Properties Inc. (STRS) shares increased by 10.2% following the earnings report for Q2 2025, contrasting with a 1.2% rise in the S&P 500 index during the same period [1] - Despite the initial positive reaction, the stock has decreased by 3.6% over the past month, underperforming the S&P 500's 2.5% growth [1] Financial Performance - The company reported a net income per share of 3 cents for Q2 2025, a turnaround from a net loss of 21 cents per share in the same quarter last year [2] - Revenues increased to $11.6 million, marking a 36.7% rise from $8.5 million in Q2 2024, primarily due to the sale of two Amarra Villas homes compared to one in the prior year [2] - Net income attributable to common stockholders was $0.3 million, reversing a net loss of $1.7 million from the previous year [2] Key Business Metrics - EBITDA improved significantly, with a loss of only $0.2 million compared to a loss of $1.3 million a year earlier [3] - Leasing operations generated an operating profit of $6.3 million, up from $1.8 million last year, aided by a $5 million pre-tax gain from the sale of the West Killeen Market retail project [3] - Real estate operations faced a loss of $3.5 million, partly due to a $1 million write-off of receivables related to previously sold properties [3] Capital Expenditures and Cash Position - Capital expenditures and development spending totaled $9.8 million, mainly for the Holden Hills Phase 1 and The Saint George multi-family project [4] - As of June 2025, the company had $59.4 million in cash and cash equivalents, a significant increase from $20.2 million at the end of 2024, with no borrowings on its revolving credit facility [4] Management Commentary - Chairman and CEO William H. Armstrong III noted that the company achieved "significant milestones" in H1 2025, including the completion of The Saint George and the last two Amarra Villas homes [5] - The CEO highlighted a $47.8 million cash distribution from the Holden Hills Phase 2 joint venture and the sale of West Killeen Market, which enhanced liquidity [5] - The strengthened cash position allows for flexibility in share repurchases, debt reduction, or reinvestment in development [5] Factors Influencing Results - Revenue growth was primarily transaction-driven, particularly from higher-value Amarra Villas home sales and the disposal of West Killeen Market [6] - Lower aggregate sales in the first half compared to last year's significant land and home transactions negatively impacted year-to-date results [6] - Increased real estate operating expenses and a receivables write-off affected margins, although leasing operations helped mitigate some of these challenges [6] Other Developments - Stratus entered a joint venture for the development of Holden Hills Phase 2, a 570-acre mixed-use project, which returned $47.8 million in cash to the company [7] - The board approved an expansion of the share repurchase program from $5 million to $25 million, with $22 million remaining available as of August 8, 2025 [7]

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Core Insights - Safe and Green Development Corporation (SGD) reported a significant revenue increase of $1.4 million in Q2 2025, marking over 3,200% growth compared to $42 thousand in Q2 2024, primarily due to the acquisition of Resource Group US Holdings LLC [1][5] - The company is evaluating a potential cryptocurrency treasury reserve opportunity, which may require divesting Resource Group, although no acceptable letter of intent has been received [1][5] - Management is focused on expanding the customer base, increasing operational efficiency, and diversifying revenue streams [1][5] Financial Performance - The company reported a net loss of $5.724 million for Q2 2025 [3] - Interest expense was $0.830 million, and depreciation & amortization amounted to $0.181 million [3] - Adjusted EBITDA for Q2 2025 was $(0.634) million, indicating ongoing challenges despite revenue growth [3][6] Strategic Developments - The acquisition of Resource Group has led to revenue acceleration, generating $1.4 million in just one month post-acquisition [7] - The company has exited legacy software and technology operations to concentrate on its core real estate and compost/transportation businesses [7] - A reevaluation of the real estate portfolio is underway, with plans to monetize select assets [7] Leadership and Outlook - The Board of Directors has been restructured to enhance strategic direction and growth initiatives [7] - Management anticipates approximately $4 million in revenue for Q3 2025, reflecting the first full quarter of operations with Resource Group [7] - The integration of Resource Group's operations is expected to unlock additional revenue streams and improve operational efficiencies [7]

TORONTO, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today provided an update with respect to pending completion of the final two ground-up developments in its development pipeline: M4 of Main Alley Campus, 108 East Fifth Avenue in Vancouver; and KING Toronto, 489-539 King Street West in Toronto. “Completing the large, multi-city development pipeline we initiated in 2012 has materially enhanced our ability to serve knowledge-based organizations, ...

Thom Lachman and Susan Panuccio Nominated as Independent Non-Executive Directors of the Company Event Registration Available Online at shareholdermeeting.howardhughes.com THE WOODLANDS, Texas, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Howard Hughes Holdings (NYSE: HHH) announced today that the company’s Annual Shareholder Meeting will take place on Tuesday, September 30 in New York City. HHH Executive Chairman Bill Ackman and Chief Investment Officer Ryan Israel will discuss the company’s plans to acquire an insura ...

August 15, 2025 11:21 AM GMT China Property | Asia Pacific Sales Decline Widened in July; Weak Trends to Continue Property sales recorded a deeper y-y decline in July amid weakened construction. We stay cautious on the physical market and expect the weak sales trend to continue in the coming months, given worsened resident sentiment, higher secondary inventory, and muted policy. July property sales recorded a deeper decline: Rebased national sales were -14.1% y-y in value and -7.8% y-y in volume, widening t ...

ab 14 August 2025 Global Research Private REITs provide a new channel to recycle capital, although this depends on the assets available to be spun off (remaining years of land use rights and developers' willingness). Potential beneficiaries are CR Land (our Top Pick, transitioning to an asset manager), Seazen (upgrade to Buy), Hang Lung Properties (unlocking value), Swire Properties (a track record of capital recycling), CapitaLand Investment (transitioning to an asset-light model) and GDS (capital recyclin ...