American Homes 4 Rent Announces Dates of Third Quarter 2020 Earnings Release and Conference Call

AGOURA HILLS, Calif., Oct. 9, 2020 /PRNewswire/ — American Homes 4 Rent (NYSE: AMH) today announced that the Company will release its third quarter 2020 financial and operating results on Thursday, November 5, 2020, after the market closes. The Company will host a conference call on Friday, November 6, 2020, at 11:00 a.m. Eastern Time to review third quarter results, discuss recent events, and conduct a question and answer period.

Live conference call

Toll free number:

(877) 451-6152 (for domestic callers)



Direct dial number:

(201) 389-0879 (for international callers)

Passcode:

Not required

Simultaneous audio webcast link:



www.americanhomes4rent.com under “For Investors”

Conference call replay

Toll free number:

(844) 512-2921 (for domestic callers)

Direct dial number:



(412) 317-6671 (for international callers)

Passcode:

13711366#

Webcast link:

www.americanhomes4rent.com under “For Investors”



Date accessible through:

November

Read More Read more

Hundreds of teachers to be switched from in-person to virtual school as TDSB announces huge reorganization

Just weeks into a school term already marked by disruption, the Toronto District School Board is about to usher in some more.

In a letter sent to families Tuesday evening, the TDSB announced that up to 324 elementary schools will lose some in-person teachers as they will be moved into virtual classrooms.

The board said it announced the reorganization to help support the “significant number of students” — more than 66,000 — who are currently enrolled in online school.

Out of the 324 schools, some will lose up to four or more teachers, while others will lose one or two.

As a result of the loss of teachers, some students attending in-person classes may have to move into different and/or larger classrooms with different teachers, just three weeks after starting school.

For example, two smaller classes may be combined to create one larger class, the letter from the TDSB stated.

Read More Read more

The St. Joe Company Announces Plans for a New 240-Unit Apartment Community in Panama City, Florida

PANAMA CITY BEACH, Fla.–(BUSINESS WIRE)–Oct 8, 2020–

The St. Joe Company (NYSE: JOE) (“St. Joe”) today announces plans for a new 240-unit apartment community in Panama City, Florida. St. Joe intends to develop and construct the community on Star Avenue approximately one mile from State Road 231. This location is within the municipal limits of the city of Panama City.

Plans call for the project to include 108 one-bedroom apartments, 108 two-bedroom apartments and 24 three-bedroom townhome-style apartments. “One of the things that will make this project unique is the diversity of the units available for lease,” said Dan Velazquez, Senior Vice President of Commercial Real Estate for St. Joe. “The three-bedroom townhome-style units will feature garages making them ideal for working families. This location is along the growing State Road 231 corridor in Panama City and is approximately one mile from the neighborhood’s elementary and middle schools and is

Read More Read more

Providence Real Estate Announces Acquisition of The Stratford Apartment Homes

Acquires a 269-unit Multifamily Property in Atlanta’s Perimeter Center

Providence Real Estate, LLC (“Providence”), a multifamily owner-operator, announced the completion of the acquisition of The Stratford Apartment Homes located in the Perimeter Center submarket of Atlanta, Georgia. The property was acquired by the Providence Multifamily REIT, Inc., a Providence-managed private REIT that invests in value-add multifamily opportunities throughout the Southeastern United States.

The Stratford was built in 1990 and consists of four residential midrise apartment buildings and a one-story clubhouse and leasing center. The property is located less than one mile from the largest medical center in Georgia that is home to Northside Hospital Atlanta, Emory St. Joseph’s Hospital and Children’s Healthcare of Atlanta. In addition, the property is located less than one mile from the Perimeter Center’s 30 million square foot office market that is home to numerous Fortune 500 companies and the world headquarters of United Parcel Service

Read More Read more

LGI Homes Announces Opening of Three New Communities in Dallas-Fort Worth Market

The beautiful Ozark plan is now available at Oak Ridge.

The brand-new Ozark plan offers a spacious, open layout paired with a host of impressive upgrades.
The brand-new Ozark plan offers a spacious, open layout paired with a host of impressive upgrades.
The brand-new Ozark plan offers a spacious, open layout paired with a host of impressive upgrades.

DALLAS, Oct. 06, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced their continued expansion into the Dallas-Fort Worth market with three new communities, Princeton Crossroads, Oak Ridge and Seagoville Farms.

Ideally located northeast of downtown Dallas in Princeton, Texas is the community of Princeton Crossroads. Within this new community, LGI Homes is constructing 331 homes, offering a luxurious lineup of three-, four- and five-bedroom floor plans. Homes in this community range in size from 1,803 square feet up to 2,700 square feet and feature the highly sought-after CompleteHome Plus™ package. Included in every new home in this community are designer-selected features and upgrades such as

Read More Read more

LGI Homes Reports Record-Breaking September and Third Quarter 2020 Home Closings and Announces Plans to Host Third Quarter 2020 Earnings Call

THE WOODLANDS, Texas, Oct. 05, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced 811 home closings in September 2020, up from 654 home closings in September 2019, representing year-over-year growth of 24.0%. In addition, the Company announced record-breaking quarterly home closings of 2,091 during the third quarter of 2020 compared to 2,003 home closings in the third quarter of 2019, a 4.4% increase year-over-year. The Company finished the first nine months of 2020 with a total of 5,931 home closings, a 14.6% increase over 5,175 home closings during the first nine months of 2019.

As of the end of September 2020, the Company had 110 active selling communities.

The Company expects to release financial results for the third quarter ended September 30, 2020 before the market opens on Tuesday, November 3, 2020. The Company expects to hold a conference call for investors

Read More Read more

LGI Homes Announces Entrance into Bakersfield Market

The stunning Sunflower plan is available at Juliana’s Garden.

The brand-new Sunflower plan offers an incredible layout with five bedrooms, a spacious family room, an upstairs loft and more.
The brand-new Sunflower plan offers an incredible layout with five bedrooms, a spacious family room, an upstairs loft and more.
The brand-new Sunflower plan offers an incredible layout with five bedrooms, a spacious family room, an upstairs loft and more.

BAKERSFIELD, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ:LGIH) today announced their entrance into the Bakersfield, California market with the opening of their newest community, Juliana’s Garden. This marks the company’s growth into its fourth market in the state of California.

“We have seen strong demand in the Bakersfield market and are pleased to offer homebuyers in this area an affordable alternative to renting,” said Chris Kelly, LGI Homes’ division president. “With owning a home becoming more important now, than ever, we believe Juliana’s Garden is the perfect location for those looking for a quality, upgraded home near

Read More Read more

Donald Trump announces coronavirus testing boost for schools, nursing homes

President Trump on Monday announced that his administration plans to distribute 150 million rapid coronavirus tests to schools, nursing homes and other facilities in the coming weeks.



Donald Trump wearing a suit and tie: FILE – In this Sunday, June 14, 2020 file photo, President Donald Trump gives a thumbs-up while walking across the tarmac as he boards Air Force One at Morristown Municipal Airport, in Morristown, N.J. Trump is returning to Washington. A far-right Norwegian lawmaker says he has nominated President Donald Trump for the Nobel Prize 2021 for his efforts to reach a peace agreement in the Middle East. Christian Tybring-Gjedde, a member of the Norwegian Parliament for the far-right Progress Party, said on Wednesday, Sept. 9, 2020 that Trump should be considered for his work “for reaching a peace agreement between the United Arab Emirates and Israel which opens up for possible peace in the Middle East. (AP Photo/Alex Brandon, File)


© Provided by Boston Herald
FILE – In this Sunday, June 14, 2020 file photo, President Donald Trump gives a thumbs-up while walking across the tarmac as he boards Air Force One at Morristown Municipal Airport, in Morristown, N.J. Trump is returning to Washington. A far-right Norwegian lawmaker says he has nominated President Donald Trump for the Nobel Prize 2021 for his efforts to reach a peace agreement in the Middle East. Christian Tybring-Gjedde, a member of the Norwegian Parliament for the far-right Progress Party, said on Wednesday, Sept. 9, 2020 that Trump should be considered for his work “for reaching a peace agreement between the United Arab Emirates and Israel which opens up for possible peace in the Middle East. (AP Photo/Alex

Read More Read more

Alpine Income Property Trust, Inc. Announces Sale of Income Property Leased to Outback Steakhouse for Approximately $5.1

Alpine Income Property Trust, Inc. Announces Sale of Income Property Leased to
Outback Steakhouse for Approximately $5.1 Million

DAYTONA BEACH, Fla., Sept. 28, 2020 (GLOBE NEWSWIRE) -- Alpine Income Property
Trust, Inc. (NYSE: PINE) (the “Company”) announced the disposition of a
single-tenant net-leased casual dining retail income property (the “Property”)
located in Charlottesville, Virginia and leased to Outback Steakhouse. The
Property was sold for approximately $5.1 million, representing an in-place cap
rate of 5.75% and generating a gain of approximately $291,000 or $0.03 per
diluted share. The Company anticipates utilizing the proceeds from the sale of
the Property as part of a like-kind 1031 exchange.

Adjusting for the sale of the Property, the Company’s portfolio now consists
of 44 properties located in 31 markets and 17 states across 16 industries,
with a weighted average remaining lease term of 8.6 years.

John P. Albright, President & CEO commented, “We are pleased 
Read More Read more

Hexion Inc. Announces Agreement for Sale of Phenolic Specialty Resins, Hexamine and European-based Forest Products Resins Businesses to Black Diamond and Investindustrial

COLUMBUS, Ohio–(BUSINESS WIRE)–Hexion Inc. (“Hexion” or the “Company”) today announced that it has entered into a definitive agreement to sell its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses for approximately $425 million to Black Diamond and Investindustrial. The consideration consists of $335 million in cash and certain assumed liabilities with the remainder in future proceeds based on the performance of the business.

Together, these businesses posted sales of approximately $530 million for the last twelve months ended June 30, 2020. The transaction includes approximately 900 associates and 11 manufacturing facilities globally where phenolic specialty resins and engineered thermoset molding compounds are produced for a wide range of end markets including building and construction, industrial, automotive, electronics, agriculture and consumer.

The Company expects to use the sale proceeds to invest in its business and further reduce its debt. The transaction is intended to close in the

Read More Read more