"基于目前的增长速度，我确实认为墨尔本房价将在年底前创下新的历史高点。" "我认为我们很有可能 实现这个目标。" RealEstate网站7月12日报道，自4月以来，墨尔本数百个城区的房价上涨，预计到 圣诞节前房价将达到 新的历史高点。 PropTrack的最新季度数据显示，近380个城区的房价在过去3个月有所上涨， Frankston North和Brooklyn 等城区的房价领涨，内城区的Collingwood和 Parkville也表现优异。 虽然澳联储本周意外决定维持利率不变，但市场依然预期将进一步降息，这推动了 房价上涨信心，也 让人们预期大墨尔本地区979979澳元的房屋中位价有望在12月前 突破7位数。 PropTrack的高级经济学家Anne Flaherty将这些数字称为"墨尔本的某种复苏"，并 表示随着"错失恐惧 症"重回市场，房价还要继续上涨。 （图片来源：RealEstate） PropTrack的数据显示，墨尔本6月的房屋中位价较去年同期上涨了1.6%，澳联储今 年两次降息将导致 市场竞争加剧。 "从买家的角度来看，我们看到了一些'错失恐惧症'的迹象。" （图片来源：RealEsta ...

Financial Highlights - Total Adjusted EBITDDA reached a record of $195 million, driven by strong lumber markets[4] - The company's Cash Available for Distribution (CAD) for the trailing twelve months ended March 31, 2021, was $4131 million[7] - The company has a strong liquidity position with $761 million available[13] Segment Performance - Timberlands Adjusted EBITDDA was $679 million, with 13 million tons harvested[12] - Wood Products Adjusted EBITDDA was $1255 million, with 258 MMBF of lumber shipped[12] - Real Estate Adjusted EBITDDA was $166 million, including the sale of 7K rural acres, 51 residential lots, and 11 commercial acres[12] Timberlands - Northern Timberlands Adjusted EBITDDA was $542 million, with sawlog harvest volume of 427 thousand tons and a price of $178 per ton[26, 29] - Southern Timberlands Adjusted EBITDDA was $137 million, with sawlog harvest volume of 508 thousand tons and a price of $44 per ton[34, 37] Wood Products - Wood Products Adjusted EBITDDA was $1255 million, with lumber shipments of 258 MMBF and an average lumber price of $890 per MBF[12, 44] - The average lumber price realizations increased 41% to $890 per MBF in Q1 2021[42] Real Estate - Real Estate Adjusted EBITDDA was $166 million, with 7,083 acres of rural land sold at an average price of $1,415 per acre[12, 53] - 51 residential lots were sold at an average price of $99,000 per lot[53] Outlook - The company anticipates Q2 2021 Total Adjusted EBITDDA will be higher than Q1 2021, potentially setting a new quarterly record[68]

Q3 2019 Financial Performance - Total Adjusted EBITDDA was $550 million with a 24% margin[12] - Cash Available for Distribution (CAD) was $758 million for the trailing twelve months ended September 30, 2019[7] - The dividend was $160 per share, representing a 39% yield based on the September 30, 2019 closing stock price[9] Timberlands Segment - Timberlands Adjusted EBITDDA was $430 million[12] - Harvest volume reached 16 million tons[12] - Northern Timberlands Adjusted EBITDDA increased by $125 million from Q2 2019 to $244 million in Q3 2019[26] - Southern Timberlands Adjusted EBITDDA increased by $44 million from Q2 2019 to $186 million in Q3 2019[31] Wood Products Segment - Wood Products Adjusted EBITDDA was $59 million[12] - Lumber shipments totaled 299 MMBF[12] - The average lumber price was $363 per MBF[12] - Wood Products Adjusted EBITDDA increased $79 million from Q2 2019 levels[35] Real Estate Segment - Real Estate Adjusted EBITDDA was $147 million[12] - 6 commercial acres were sold for $512500 per acre[12] - 42 residential lots were sold for $110500 per lot[12]

Financial Performance - Total Adjusted EBITDA for 2019 was $179 million, the 3rd highest since becoming a REIT in 2006 [4] - Cash Available for Distribution (CAD) was $82 million [8] - $133 million was returned to shareholders through dividends and share repurchases [9] - Real Estate segment's EBITDA was $63 million in 2019 [12, 51] Segment Results - Timberlands Adjusted EBITDA was $134 million with 5.6 million tons harvested [12] - Wood Products Adjusted EBITDA was $13 million with 1.07 BBF lumber shipped [12] - Real Estate sold 24,000 rural acres, 148 residential lots, and 38 commercial acres [12] - Northern Timberlands Adjusted EBITDA in Q4 2019 was $20.6 million, compared to $24.4 million in Q3 2019 [27, 30] - Southern Timberlands Adjusted EBITDA in Q4 2019 was $17.4 million, compared to $18.6 million in Q3 2019 [35, 38] Capital Structure - $190 million of debt was refinanced, lowering the weighted average interest rate by 80 bps [13] - Net debt was reduced by $35 million [13] - The company had $460 million of liquidity at year-end [13] - Net debt to enterprise value was 18.8% [66]

2025年以来，随着重点城市新房市场边际改善及优质地块供应力度加大，核心城市优质地块土拍热度维 持高位，出让金同比增长，但整体推出、成交面积同比仍下降。 据中指数据，2025年上半年，300城住宅用地推出规划建筑面积为2.1亿平方米，同比下降19.4%，成交 1.7亿平方米，同比下降5.5%，降幅较去年同期收窄26.7个百分点。出让金方面，2025年上半年，住宅 用地出让金0.86万亿元，同比增长27.5%。 从城市集中度来看，上半年TOP20城市出让金占全国比重约68%，占比明显提升。根据中指数据，2025 年上半年，共有19个城市宅地出让金超百亿元，其中杭州、北京涉宅用地出让金均超千亿元，杭州出让 金已接近去年全年水平。 核心城市优质地块竞争加剧 此外，北京、苏州、宁波等地优质地块房企举牌意愿强，但市场分化较明显。上半年，北京成交宅地合 计22宗，9宗溢价成交，3宗溢价率超20%。一季度，两度刷新地价纪录（3月18日，海淀树村地块成交 楼面价102347元/㎡），二季度以来成交地块质量一般，多底价成交。苏州成交宅地合计35宗，12宗溢 价成交，其中苏州工业园区东板桥河西地、吴中区苏地2025-WG-Z09 ...

Core Viewpoint - New York Mortgage Trust, Inc. is set to report its financial results for the second quarter of 2025 on July 30, 2025, with a conference call scheduled for July 31, 2025 [1][2]. Company Overview - New York Mortgage Trust, Inc. is a Maryland corporation that operates as a real estate investment trust (REIT) for federal income tax purposes [3]. - The company is internally managed and focuses on acquiring, investing in, financing, and managing primarily mortgage-related single-family and multi-family residential assets [3].

Core Insights - Orchid Island Capital, Inc. (ORC) estimates a net loss of 29 cents per share for Q2 2025, primarily due to losses on residential mortgage-backed securities (RMBS) and derivative instruments [1][9] - The estimated book value per share is $7.21, reflecting a 15.9% year-over-year decline, with a negative total return on equity of 4.7% as of June 30, 2025 [2][9] Financial Performance - As of June 30, 2025, Orchid's RMBS portfolio value is estimated at $6.9 million, indicating a challenging quarter due to net realized and unrealized losses [3][9] - Over the past three months, ORC shares have increased by 18.6%, outperforming the industry growth of 14% [7] Competitive Landscape - AGNC Investment focuses on leveraged investments in Agency RMBS, with a portfolio value of $70.5 billion as of March 31, 2025, and a tangible net book value of $8.25 per share [5] - Annaly Capital Management primarily invests in Agency mortgage-backed securities, holding $75 billion in Agency MBS as of March 31, 2025, with a book value per share of $19.02 [6] Valuation Metrics - Orchid trades at a forward price-to-tangible (P/TB) ratio of 1.03X, which is above the industry average of 1X [10] - The Zacks Consensus Estimate for ORC's earnings in 2025 and 2026 suggests significant year-over-year increases of 394.4% and 24.5%, respectively [13]

Core Insights - Fetner Properties, in partnership with MCB Real Estate and Farallon Capital Management, has acquired 240 Willoughby Street, a residential rental building in Fort Greene, Brooklyn, consisting of 463 units, with 147 designated for affordable housing [1][2] - The acquisition price was $209.5 million, with $141.5 million financed through a senior loan from M&T Realty Capital Corporation [2] - The building features over 30,000 square feet of amenities and is strategically located adjacent to Fort Greene Park, enhancing its appeal to potential residents [6] Company Overview - Fetner Properties is a full-service real estate company specializing in developing, owning, and managing residential properties, with a pipeline of five new projects totaling 1,500 residences [8] - MCB Real Estate, founded in 2007, manages a nationwide portfolio of $3 billion in assets and has approximately 6 million square feet in its development pipeline [9] - Farallon Capital Management, established in 1986, manages around $39 billion in capital and commitments, focusing on investments across various asset classes globally [10] Market Position - The rapid leasing of 25% of the building since Memorial Day weekend indicates strong demand and community acceptance in the Fort Greene area [4] - The project is positioned in a high-growth submarket of Brooklyn, catering to the evolving needs of modern renters [4] - The building's design includes premium finishes and large private terraces, appealing to a demographic seeking high-quality living spaces [5]

Key Takeaways FRT bought two Kansas retail centers for $289M amid strong local demographics. FRT sold LA's Hollywood Boulevard retail assets for $69M to unlock value. FRT starts Lot 12, a 258-unit Santana Row project to boost portfolio quality.Federal Realty (FRT) recently announced several transactions supporting its capital deployment strategy. The company has acquired two open-air retail centers in Kansas, sold a non-core asset in Los Angeles and commenced a new residential project at Santana Row. The ...

据View网站7月10日报道，对澳洲房市来说，这是有趣的一周——尽管经济信号喜忧 参半，但全国房价 依旧坚挺。 澳联储7月决定将官方利率维持在3.85%不变,这让本 就备受压力的借款者感到失望。 澳联储董事会在声明中表示："我们可以再等待一些信息，以确认通胀率确实在以 可持续的方式朝着 2.5%的目标迈进。" 但据view.com.au报道，本次暂停加息对市场降温的作用有限，因为买家需求依旧 强劲，而房源供应有 限，这使得全澳大部分地区的房价保持坚挺。 在这种背景之下，加上有人猜测降息只会进一步推高房价，工资增长和借贷能力仍 是潜在购房者的关 键考虑因素。 （图片来源：View网站） *年收入10万澳元能买到什么房？* 澳洲统计局的最新数据显示，澳洲全职工作者的平均年薪刚刚超过10万澳元。 Canstar的模型显示，考虑到当前的利率环境以及8月预期降息的影响，这个薪资水 平能买到什么房？ 贷款利率为5.75%时 目前，一名年入10万澳元的单身人士，相比今年年初能多贷到2.1万澳元。 | | | | Impact of rate cuts on borrowing power | | | | | --- | - ...