Core Insights - Plymouth Industrial REIT had a strong start to 2025 with robust leasing activity and the acquisition of $65 million in Class B industrial assets, positioning the company for future growth [3][4][5] - The company reported a net income of $5.8 million for Q1 2025, a slight decrease from $6.1 million in Q1 2024, primarily due to the deconsolidation of the Chicago Portfolio [4][5] - Total revenues for Q1 2025 were $45.6 million, down from $50.2 million in the same period last year [5] - The company affirmed its full-year 2025 guidance for Core FFO per share and updated its net income guidance [21][22] Financial Performance - Net income attributable to common stockholders for Q1 2025 was $5.8 million, or $0.13 per share, compared to $6.1 million, or $0.14 per share, in Q1 2024 [4][10] - Core Funds from Operations (Core FFO) for Q1 2025 was $20.1 million, or $0.44 per share, down from $20.6 million, or $0.45 per share, in Q1 2024 [9][10] - Adjusted Funds from Operations (AFFO) for Q1 2025 was $18.9 million, or $0.41 per share, compared to $20.5 million, or $0.45 per share, in Q1 2024 [10][44] - Net Operating Income (NOI) for Q1 2025 was $30.7 million, down from $33.5 million in Q1 2024, primarily due to the deconsolidation of the Chicago Portfolio [6][43] Leasing and Occupancy - Same store NOI increased by 1.1% on a GAAP basis for Q1 2025 compared to Q1 2024, with a cash basis increase of 2.0% [7][8] - Leases commencing in Q1 2025 totaled 2,437,267 square feet, with rental rates reflecting a 9.6% increase on a cash basis [17][19] - Total portfolio occupancy as of March 31, 2025, was 94.3%, with same store occupancy at 94.7% [18][19] Acquisition and Disposition Activity - The company acquired six industrial buildings totaling 801,241 square feet for $65.1 million, with a weighted average initial NOI yield of 6.8% [15][16] - Plymouth sold a 33,688-square-foot flex building in Memphis, TN, for $2.4 million, which was part of a portfolio acquired in July 2024 [15][16] Liquidity and Capital Markets - As of April 29, 2025, the company had a cash balance of approximately $8.0 million and $415.5 million capacity under its existing unsecured line of credit [12] - The board authorized a share repurchase program for up to $90 million of the company's outstanding common stock [7][12] Guidance for 2025 - The company updated its guidance for net income per weighted average common share and units, while affirming the Core FFO guidance range of $1.85 to $1.89 per share [21][22]

Core Viewpoint - Ventas, Inc. (VTR) reported strong first-quarter 2025 results, with normalized funds from operations (FFO) per share of 84 cents, exceeding estimates and reflecting a 7.7% year-over-year increase [1][3] Financial Performance - VTR achieved revenues of $1.36 billion in Q1 2025, surpassing the Zacks Consensus Estimate of $1.30 billion and marking a 13.2% year-over-year growth [2] - Same-store cash net operating income (NOI) for the total property portfolio increased 7.1% to $485.4 million compared to the prior year [3] - The same-store cash NOI for the Senior Housing Operating Portfolio (SHOP) rose 13.6% year over year to $220.5 million, supported by a 3.8% growth in revenues per occupied room [4] Segment Performance - The outpatient medical and research portfolio's same-store cash NOI improved 1.3% year over year to $137.3 million, driven by higher average rent and revenue per occupied square foot [5] - The triple-net leased portfolio's same-store cash NOI increased 3.2% year over year to $127.6 million [5] Balance Sheet Position - At the end of Q1 2025, VTR had cash and cash equivalents of $182.3 million, down from $897.9 million at the end of 2024, with total liquidity of $2.9 billion [6] 2025 Guidance - VTR reaffirmed its 2025 normalized FFO per share guidance of $3.35-$3.46, with a midpoint of $3.41, and expects total same-store cash NOI growth between 5.5% and 8% [7] - The SHOP segment's same-store cash NOI is projected to grow between 11% and 16%, while the outpatient medical and research portfolio's same-store cash NOI is expected to be in the range of 2-3% [8]

2025 Paramount Group Investor Presentation A P R I L Cautionary Note on Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words "assumes," "believes," "estimates," "expects," "guidance," "intends," "plans," "projects" and similar expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements because ...

Core Insights - Whitestone REIT reported a net income attributable to common shareholders of $3.7 million, or $0.07 per diluted share for Q1 2025, down from $9.3 million, or $0.18 per diluted share in Q1 2024 [5][38] - The company achieved a Same Store Net Operating Income (NOI) growth of 4.8%, with total revenues increasing to $38.0 million from $37.2 million year-over-year [2][5] - Whitestone reaffirmed its 2025 Core FFO per share guidance, projecting a 4% year-over-year growth at the midpoint, driven by strong Same Store NOI growth [2][7] Operating Results - Occupancy rates for wholly owned properties decreased to 92.9% in Q1 2025 from 93.6% in Q1 2024 [4] - The company reported GAAP leasing spreads of 20.3%, with new leases showing a growth of 22.6% and renewal leases at 19.9% [4] - Same Store Property Net Operating Income increased to $24.7 million in Q1 2025 from $23.5 million in Q1 2024 [5][50] Financial Metrics - Core Funds from Operations (FFO) for Q1 2025 were $13.1 million, compared to $12.3 million in Q1 2024, with FFO per diluted share rising to $0.25 from $0.23 [5][47] - EBITDAre for Q1 2025 was reported at $21.4 million, up from $20.5 million in Q1 2024 [5] - The company declared a quarterly cash distribution of $0.135 per common share for Q2 2025 [6] Balance Sheet and Debt Metrics - As of March 31, 2025, Whitestone had total debt of $642.2 million and undepreciated real estate assets valued at $1.3 billion [9][10] - The company has a capacity of $97.7 million available under its $250 million revolving credit facility [9] Portfolio Statistics - Whitestone owned 55 Community-Centered Properties™ with a total gross leasable area of 4.9 million square feet as of March 31, 2025 [9][10] - The properties are primarily located in high-income markets in Texas and Arizona, including Austin, Dallas-Fort Worth, Houston, Phoenix, and San Antonio [10][15]

Boston Properties Inc.’s (BXP) first-quarter 2025 funds from operations (FFO) per share of $1.64 missed the Zacks Consensus Estimate of $1.65. The reported figure fell 5.2% year over year.BXP’s quarterly results reflect better-than-anticipated revenues on healthy leasing activity. However, lower occupancy during the quarter marred its year-over-year FFO per share growth. BXP also revised its guidance for 2025 FFO per share.Quarterly lease revenues were $811.1 million, up 2.9% year over year. The Zacks Conse ...

Financial Performance - Net loss attributable to common shareholders was $21532000, or $033 per diluted share[17] - Normalized FFO attributable to common shareholders was $13490000, or $020 per diluted share[17] - NOI increased by 17% to $87502000 and Cash Basis NOI increased by 19% to $83780000, compared to the first quarter of 2024[17] - Adjusted EBITDAre increased by 11% to $85324000 compared to the first quarter of 2024[17] Portfolio and Leasing Activity - Executed 2319000 square feet of total leasing activity at weighted average rental rates that were 189% higher than prior rental rates for the same space and with a weighted average lease term of 60 years[17] - Lease renewals accounted for approximately 75% of leased square footage, highlighting strong tenant retention[17] - Approximately 76% of annualized rental revenues are generated from investment grade tenants (or their subsidiaries) and Hawaii land leases[17] - Portfolio occupancy stood at 946% with a weighted average lease term of 78 years[17] Debt and Financing - Mountain JV exercised the second of its three, one-year extension options for the maturity date of its $14 billion floating rate loan and purchased a one-year interest rate cap for $15000000 with a SOFR strike rate equal to 310%[17] - ILPT had $108000000 of cash, excluding restricted cash[17]

Financial Performance - Net income attributable to common stockholders increased by 149.7% to $91340 thousand, compared to $36580 thousand in Q1 2024[113] - Core FFO per diluted share increased by 3.4% to $061, compared to $059 in Q1 2024[113] - Cash NOI increased by 8.1% to $157197 thousand, compared to $145472 thousand in Q1 2024[113] - Same Store Cash NOI increased by 3.4% to $144620 thousand, compared to $139922 thousand in Q1 2024[113] - Cash Available for Distribution increased by 8.5% to $106486 thousand, compared to $98133 thousand in Q1 2024[113] Portfolio and Leasing Activity - The company acquired three buildings totaling 393564 square feet for $43285 thousand, with a Cash Capitalization Rate of 6.8% and a Straight-Line Capitalization Rate of 7.0%[28, 116] - One building was sold, consisting of 337391 square feet, for $67000 thousand, resulting in a net gain of $49913 thousand[34, 16] - The total portfolio Occupancy Rate was 95.9%, and the Operating Portfolio Occupancy Rate was 96.8% as of March 31, 2025[9] - Operating Portfolio leases commenced for 4962628 square feet, resulting in a Cash Rent Change of 27.3% and a Straight-Line Rent Change of 42.1%[37, 121] - Retention was 85.3% for 55 million square feet of leases expiring in the quarter[37, 121]

Note: Unless otherwise indicated, the source of all Company data is publicly available information that has been or will be filed with the Securities and Exchange Commission for the period ending March 31, 2025. Founded / IPO NYSE Market Cap1 Enterprise Value1 Operating Retail Properties Total Owned Retail GLA (SF) Retail Portfolio Percent Leased Annualized Base Rent (ABR) per SF Net Debt to Adjusted EBITDA ABR from Assets with a Grocery Component2 ABR in Sun Belt Markets3 ABR from Community & Neighborhood ...

1Q25 Earnings Presentation Naperville Plaza| Naperville, IL Safe Harbor and Non-GAAP Disclosures Forward-Looking Statements Certain statements in this document regarding anticipated financial, business, legal or other outcomes including business and market conditions, outlook and other similar statements relating to Regency's future events, developments, or financial or operational performance or results such as our 2025 Guidance, are "forward-looking statements" made pursuant to the safe harbor provisions ...

Business Overview and Strategy - Urbanfund Corp. is a publicly traded company on the TSX Venture Exchange under the symbol UFC, focusing on investments in Canadian real estate, including both residential and commercial properties [2] - The company's assets are located in various cities including Toronto, Brampton, Belleville, Kitchener, London, Quebec City, Montreal, and Dartmouth [2] Operational Highlights - Urbanfund has established partnerships with experienced developers in both residential and commercial sectors, enhancing its operational strength [3] Results from Operations - For the year ended December 31, 2024, Urbanfund reported rental revenue of CAD 8,720,069, an increase from CAD 8,638,426 in 2023 [7] - The company achieved an income before taxes of CAD 12,436,601, up from CAD 7,963,575 in 2023 [7] - Net income and comprehensive income for 2024 was CAD 9,715,601, compared to CAD 6,789,930 in 2023 [7] - Basic income per share increased to CAD 0.180 from CAD 0.122 in 2023, while diluted income per share rose to CAD 0.158 from CAD 0.107 [7] Selected Annual Information - Total assets as of December 31, 2024, were CAD 155,604,351, slightly up from CAD 155,407,220 in 2023 [7] - Total investment properties increased to CAD 108,843,000 from CAD 107,252,000 in 2023 [7] - Total mortgages payable decreased to CAD 45,207,297 from CAD 55,000,099 in 2023 [7] Non-IFRS Measures - Funds from Operations (FFO) for the year ended December 31, 2024, was CAD 8,025,215, significantly higher than CAD 3,771,695 in 2023 [9] - Adjusted Cash Flows from Operations (ACFO) for 2024 was CAD 10,693,914, compared to CAD 217,983 in 2023 [10] Liquidity and Capital Resources - Urbanfund reported cash of CAD 12,279,522 as of December 31, 2024, compared to CAD 3,567,974 in 2023 [12] - Liquidity expressed as a percentage of debt improved to 22.8% from 13.6% in 2023 [14] Dividend Reinvestment Plan - Urbanfund has a Dividend Reinvestment Plan (DRIP) allowing shareholders to reinvest dividends into additional common shares at a discount [15] - The annual dividend rate was increased to CAD 0.05 per common share, reflecting a 67% increase from the previous year [16] Forward-Looking Information - The company anticipates meeting all obligations, including dividends, property maintenance, and capital expenditures, supported by cash flows from operating activities [11]