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Real Estate

Enviro-Serv Plans 2025 Expansion and Financial Turnaround

Enviro-Serv Plans 2025 Expansion and Financial Turnaround

Company Reports Strong Financial Recovery and Unveils 2025 Growth Plans in Real Estate and Pest Control Sectors Financial Turnaround: Achieved a net income of $745,537 in 2024, reversing a previous net loss of $214,329. Debt Reduction: Reduced total liabilities by 31%, strengthening financial stability and supporting long-term growth. Strategic Expansion: Targeting high-growth real estate markets like Austin, Phoenix, and Toronto with a focus on properties offering an 8% cap rate. Pest Control...

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LuxUrban Hotels Strategically Transitions to OTC Market to Accelerate Growth and Profitability

LuxUrban Hotels Strategically Transitions to OTC Market to Accelerate Growth and Profitability

Significant Cost Savings Drive Strategic Investments: Transition to OTC reduces compliance costs, freeing capital to expand hotel asset ownership and fuel growth. Sharpened Focus on Core Business Execution: Streamlined operations enable LuxUrban to optimize properties and enhance guest experiences. Asset Acquisition Strategy to Boost Profitability: Targeted hotel acquisitions aim to strengthen market presence and improve profit margins. Achieves Positive Operational Cash Flow: December 2024...

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LuxUrban Issues Corporate update and 2025 Revenue Guidance of $62–$67 million

LuxUrban Issues Corporate update and 2025 Revenue Guidance of $62–$67 million

Streamlined Operations and NYC Focus Set the Stage for 2025 Growth RevPAR Gains and Optimized Portfolio Highlight Operational Momentum MIAMI, Jan. 15, 2025 - 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 provided a comprehensive corporate update, highlighting recent business achievements and sharing its 2025 revenue guidance and...

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LuxUrban Issues Corporate update and 2025 Revenue Guidance of $62–$67 million

Lux Urban Hotels Embraces the Future with Digital Currency–Powered Guest Experiences

Guests staying at Lux Urban Hotels will soon have the option to pay for their stays using a variety of blockchain-based digital currencies, offering a seamless and decentralized payment experience MIAMI, Jan. 14, 2025 - PRISM MediaWire - LuxUrban Hotels Inc. (Nasdaq: LUXH) a premier name in contemporary urban hospitality, is proud to announce an innovative partnership to enable digital currency payments to all nine properties in the Company’s portfolio. By integrating blockchain-based payment...

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Blaqclouds, Inc. Announces Launch of BLAQClouds Property Group Inc. and New Real Estate Tokenization Website

Blaqclouds, Inc. Announces Launch of BLAQClouds Property Group Inc. and New Real Estate Tokenization Website

Blaqclouds, Inc., has launched BLAQClouds Property Group Inc., which focuses on property tokenization, fractional ownership, and decentralized property management through cutting-edge blockchain technology. The new website, www.bpginc.io, integrates Real World Assets (RWA) and NFTs using ZEUS Blockchain, offering unparalleled transparency, efficiency, and accessibility in real estate transactions. With blockchain-driven fractional ownership, BLAQClouds Property Group Inc. empowers investors of...

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LuxUrban Hotels Inc. Signs A Non-Binding Letter of Intent for Proposed Joint Venture with Lockwood Development Partners LLC and The Bright Hospitality Management to Elevate Hotel Operations and Guest Experience

LuxUrban Hotels Inc. Signs A Non-Binding Letter of Intent for Proposed Joint Venture with Lockwood Development Partners LLC and The Bright Hospitality Management to Elevate Hotel Operations and Guest Experience

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. Signs A Non-Binding Letter of Intent for Proposed Joint Venture with Lockwood Development Partners LLC and The Bright Hospitality Management to Elevate Hotel Operations and Guest Experience

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...

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LuxUrban Hotels Inc. Signs A Non-Binding Letter of Intent for Proposed Joint Venture with Lockwood Development Partners LLC and The Bright Hospitality Management to Elevate Hotel Operations and Guest Experience

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...

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LuxUrban Hotels Inc. Reports Second Quarter 2024 Financial Results

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:...

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LuxUrban Hotels to Host Webcast to Review the Financial Results for the Second Quarter of 2024

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...

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Direct Equity Source Announces Strategic Partnership with AAA Storage to Expand Self-Storage Portfolio

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...

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SPZI: JP 3E Holdings, Inc. Acquires $37,460,000 Appraised Value, 510 Hamilton Real Estate

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...

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