Core Insights - Vornado Realty Trust (VNO) reported first-quarter 2025 funds from operations (FFO) of 63 cents per share, exceeding the Zacks Consensus Estimate of 52 cents, and reflecting a year-over-year increase of 14.5% [1] - Total revenues for the quarter reached $461.6 million, surpassing the Zacks Consensus Estimate of $447.9 million, with a year-over-year growth of approximately 5.8% [2] Financial Performance - Total same-store net operating income (NOI) was $293.3 million, up from $269.1 million in the prior-year quarter, with significant increases in the New York, THE MART, and 555 California Street portfolios of 8.7%, 9.9%, and 7.9% respectively [3] - The New York office portfolio leased 709,000 square feet at an initial rent of $95.53 per square foot, with a weighted average lease term of 14.7 years [4] - In the New York retail portfolio, 25,000 square feet were leased at an initial rent of $222.20 per square foot, with a weighted average lease term of 14.3 years [5] - At THE MART, 83,000 square feet were leased at an initial rent of $51.33 per square foot, with a weighted average lease term of 8 years [6] - At 555 California Street, 222,000 square feet were leased at an initial rent of $120.65 per square foot, with a weighted average lease term of 13.1 years [7] Occupancy and Portfolio Activity - The total occupancy in the New York portfolio was 83.5%, a decrease of 470 basis points year over year, while THE MART's occupancy increased to 78.2%, up 60 basis points year over year, and 555 California Street's occupancy was 92.3%, down 220 basis points year over year [8] - Vornado disposed of two condominium units and ancillary amenities at 220 Central Park South for net proceeds of $24.7 million during the quarter [9] Balance Sheet - Vornado ended the quarter with cash and cash equivalents of $568.9 million, down from $733.9 million as of December 31, 2024 [10] Market Position - Vornado currently holds a Zacks Rank 2 (Buy), indicating a favorable market position [11]

Vishay Precision Group (VPG) Q1 2025 Earnings Call May 06, 2025 09:00 AM ET Company Participants Steve Cantor - Senior Director - Investor Relations & Marketing CommunicationsZiv Shoshani - CEO, President & DirectorWilliam M. Clancy - EVP and CFO Conference Call Participants John Franzreb - Senior Equity AnalystGriffin Boss - Equity Research Analyst Operator Hello, everyone, and welcome to the PPG's twenty twenty five First Quarter Earnings Conference Call. My name is Ezra, and I will be your coordinator to ...

National Health Investors (NHI) Q1 2025 Earnings Call May 06, 2025 10:00 AM ET Speaker0 Greetings. Welcome to National Health Investors First Quarter twenty twenty five Earnings Webcast and Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note this conference is being recorded. I will now turn the conference over to your host, Dana Hambly, Vice President, Finance and Investor Relations. You may begin. Speaker ...

Net Loss per Diluted Share of $0.34 for the Quarter Core FFO per Share of $1.26 for the Quarter North America Same Property NOI for MH and RV Increased by 4.6% for the Quarter on a Year-over-Year Basis North America Same Property Adjusted Blended Occupancy for MH and RV of 99.0% Represents a 150 Basis Point Year-over-Year Increase Establishing Post-Safe Harbor Sale Guidance for 2025 Expecting Core FFO per Share of $6.43 to $6.63 Expecting North American Same Property NOI Growth of 3.5% - 5 ...

NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended March 31, 2025 Financial Results NET INCOME attributable to common shareholders for the quarter ended March 31, 2025 was $86,842,000, or $0.43 per diluted share, compared to a net loss attributable to common shareholders of $9,034,000, or $0.05 per diluted share, for the prior year's quarter. The increase is primarily due to the $76,162,000 net gain recognized upon the disposition of a portion of the 6 ...

CTO Realty Growth (CTO) Q1 2025 Earnings Call May 02, 2025 09:00 AM ET Company Participants Jenna McKinney - Director of FinanceJohn Albright - President and CEOPhilip Mays - Senior VP, CFO & TreasurerRJ Milligan - Managing DirectorRob Stevenson - Managing Director - Head of Real Estate ResearchMatthew Erdner - DirectorGaurav Mehta - Managing DirectorCraig Kucera - MD - Equity Research Conference Call Participants John Massocca - Senior Research Analyst Operator Good day and thank you for standing by. Welco ...

Core Insights - City Office REIT, Inc. reported its first quarter results for 2025, indicating a positive trend in leasing activity and office real estate fundamentals in Sun Belt markets [3][4] - The company achieved a Same Store Cash NOI increase of 4.4% year-over-year and an 8.5% cash re-leasing spread over the last twelve months [3][4] - A significant redevelopment project is planned for the City Center property in St. Petersburg, Florida, which includes a 49-story mixed-use tower [3][10] Financial Performance - Total rental and other revenues for the quarter were $42.3 million, with a GAAP net loss attributable to common stockholders of approximately $3.5 million, or ($0.09) per fully diluted share [9][34] - Core FFO was approximately $12.3 million, or $0.30 per fully diluted share, while AFFO was approximately $6.5 million, or $0.16 per fully diluted share [9][36] - The company declared a first quarter dividend of $0.10 per share of common stock and $0.4140625 per share of Series A Preferred Stock, both paid on April 24, 2025 [12][13] Portfolio Operations - As of March 31, 2025, the total portfolio comprised 5.4 million net rentable square feet, with an occupancy rate of 84.9%, or 87.6% including signed leases not yet occupied [4][9] - The company executed approximately 144,000 square feet of new and renewal leases during the quarter, with new leases averaging a term of 5.9 years at an effective annual rent of $29.97 per square foot [5][6] Capital Structure - The company had total principal outstanding debt of approximately $648.1 million, with 82.3% of the debt being fixed rate or effectively fixed due to interest rate swaps [7] - The weighted average maturity of the debt was approximately 1.6 years, with a weighted average interest rate of 5.1% [7] Future Outlook - The company is reiterating its full-year 2025 guidance based on current plans and assumptions, reflecting management's view of market conditions [14]

May 2025 First Quarter 2025 Investor Presentation Ashley Park | Atlanta, GA Highlights Q1 2025 Highlights | $80mm | Investment activity | | --- | --- | | $225 | Implied property value per square foot | | ~109,400 | Square feet of comparable leasing activity | | 37% | Comparable leasing spread | | 83% | ABR from Georgia, Texas, Florida & North Carolina | | ~191,000 | Portfolio 5-mile population | | 6.6x | Net Debt to Pro Forma Adjusted EBITDA | | 2.4% | Same-Property NOI quarter-over-quarter growth | $496M $ ...

Core Insights - Centerspace reported a net loss of $0.22 per diluted share for Q1 2025, an improvement from a net loss of $0.37 per diluted share in Q1 2024 [2][5] - Funds from Operations (FFO) per diluted share increased slightly to $1.17 in Q1 2025 from $1.16 in Q1 2024, while Core FFO per diluted share decreased by 1.6% to $1.21 from $1.23 [2][5] - Same-store revenues rose by 3.5% year-over-year, contributing to a 2.1% increase in same-store Net Operating Income (NOI) [2][5] Financial Performance - Total revenue for Q1 2025 was $67.1 million, up by $2.6 million or 4.0% compared to $64.5 million in Q1 2024 [5] - Same-store expenses increased by 5.8% year-over-year, while same-store NOI saw a 2.1% increase [2][5] - The weighted average occupancy rate improved to 95.8% in Q1 2025 from 94.6% in Q1 2024 [2][5] Lease Metrics - New lease rate growth declined by 1.1% in Q1 2025, while renewal lease rate growth increased to 3.5% from 3.1% in Q4 2024 [2][5] - The retention rate dropped to 49.2% in Q1 2025 from 54.7% in Q4 2024 [2][5] Balance Sheet - As of the end of Q1 2025, Centerspace had total liquidity of $223.2 million, comprising $211.3 million available under lines of credit and $11.9 million in cash and cash equivalents [4] Updated Financial Outlook - Centerspace maintained its 2025 financial outlook, projecting same-store revenue growth between 1.50% and 3.50% and same-store NOI growth between 1.25% and 3.25% [7] - The updated outlook for FFO per diluted share remains between $4.73 and $4.97, and for Core FFO per diluted share between $4.86 and $5.10 [7]

Delivered Strong First Quarter with Accelerating Monthly Occupancy and Rate GrowthLAS VEGAS, May 1, 2025 /PRNewswire/ -- AMH (NYSE: AMH) (the "Company"), a leading large-scale integrated owner, operator and developer of single-family rental homes, today announced its financial and operating results for the quarter ended March 31, 2025.Highlights Rents and other single-family property revenues increased 8.4% year-over-year to $459.3 million for the first quarter of 2025. Net income attributable to common sha ...