Strategic initiative would provide LuxUrban with a $7 million initial capital infusion, offering the opportunity to broaden its market impact representing a key milestone in building Lux 2.0 Joint venture would leverage advanced technology integration to streamline operations, elevate service offerings, and deliver an enhanced guest experience MIAMI, November 20, 2024 - PRISM MediaWire - LuxUrban Hotels Inc. (Nasdaq: LUXH), a hospitality company that leases entire hotels on a long-term basis,...
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LuxUrban Hotels Inc. Reports Third Quarter 2024 Financial Results
MIAMI, November 20, 2024 - PRISM MediaWire - LuxUrban Hotels Inc. (Nasdaq: LUXH), a hospitality company that leases entire hotels on a long-term basis, manages these hotels, and rents out rooms to guests in the properties it leases, today announced its financial results for the third quarter ended September 30, 2024 (“Q3 2024”). The Company filed its quarterly report on Form 10-Q for Q3 2024 with the U.S. Securities and Exchange Commission on November 19, 2024 Q3 2024 Financial Overview: Net...
LuxUrban Hotels Inc. Announces Reverse Stock Split and Nasdaq Compliance Approval
Miami, Florida, November 15, 2024 - PRISM MediaWire - LuxUrban Hotels Inc. (Nasdaq: LUXH), a hospitality company that leases entire hotels on a long-term basis, manages these hotels, and rents out rooms to guests in the properties it leases, today announced that it will effectuate a one-for-seventy (1:70) reverse stock split of its common stock. This reverse stock split was approved by stockholders at the special meeting held on November 12, 2024, and will be effective at the opening of...
LuxUrban Hotels Inc. Reports Second Quarter 2024 Financial Results
Miami, Florida, September 25, 2024 – PRISM MediaWire - LuxUrban Hotels Inc. (Nasdaq: LUXH), a hospitality company that leases entire hotels on a long-term basis, manages these hotels, and rents out rooms to guests in the properties it leases, today announced its financial results for the second quarter ended June 30, 2024 (“Q2 2024”). The Company has also submitted its quarterly report on Form 10-Q to the U.S. Securities and Exchange Commission. Q2 2024 Financial Overview: Net Rental Revenue:...
LuxUrban Hotels to Host Webcast to Review the Financial Results for the Second Quarter of 2024
Conference Call and Webcast to be held on September 25, 2024 at 5:00 PM ET MIAMI, Florida, September 25, 2024 - PRISM MediaWire - LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which secures long-term operating rights for entire hotels through Master Lease Agreements (MLA) under which it manages the hotel and rents out, on a short-term basis, rooms to business and vacation travelers, will host a webcast to review the results of the 2nd quarter of 2024 on...
Direct Equity Source Announces Strategic Partnership with AAA Storage to Expand Self-Storage Portfolio
Austin, Texas, August 2, 2024 – Direct Equity Source, a leading real estate private equity firm, is pleased to announce a strategic partnership with AAA Storage, an industry-leading self-storage company. Direct Equity Source, via its recently formed fund, will be the largest single investor in AAA Storage’s current multi-property Growth Fund I, and significantly expand its self-storage portfolio across the United States. This partnership combines Direct Equity Source's extensive experience in...
SPZI: JP 3E Holdings, Inc. Acquires $37,460,000 Appraised Value, 510 Hamilton Real Estate
On Track to generate $2,430,000 rental income for 2024 NEW YORK, NY, July 18, 2024 - JP 3E Holdings, Inc. (OTC: SPZI), formerly known as Spooz, Inc. is excited to announce the addition of our first of several real estate purchases, which falls into the education/real estate platform of JP3E’s three “E’s” platform strategy of combining education, eating and energy under JP3E. The 510 Hamilton Real Estate property was acquired through a signed Membership Interest Purchase Agreement with Hamilton...