Core Insights - Whitestone REIT reported significant growth in net income and Core FFO for Q3 2025 compared to Q3 2024, with net income attributable to common shareholders increasing to $18.3 million or $0.35 per diluted share from $7.6 million or $0.15 per diluted share [1][5][6] - The company is on track to achieve its long-term Core FFO per share growth target of 5-7%, supported by operational excellence and a high percentage of shop space within its peer group [2][3] Financial Performance - Revenues for Q3 2025 were $41.0 million, up from $38.6 million in Q3 2024, while year-to-date revenues reached $116.9 million compared to $113.4 million for the same period in 2024 [5][6] - Core FFO for Q3 2025 was $13.7 million, slightly up from $13.0 million in Q3 2024, with Core FFO per diluted share increasing to $0.26 from $0.25 [5][6] - Same-Store Net Operating Income (NOI) grew by 4.8% to $25.6 million in Q3 2025, compared to $24.4 million in Q3 2024 [5][7] Operational Metrics - The occupancy rate for wholly owned properties was 94.2% in Q3 2025, a slight increase from 94.1% in Q3 2024 [7] - Rental rate growth on a GAAP basis was 19.3% for Q3 2025, down from 25.3% in Q3 2024, with new leases showing a growth of 22.5% [7] Balance Sheet and Debt - As of September 30, 2025, Whitestone had total debt of $646.0 million and undepreciated real estate assets valued at $1.3 billion [10][13] - The company declared a quarterly cash distribution of $0.135 per common share for Q4 2025, to be paid in three installments [8] Guidance and Future Outlook - The company updated its 2025 full-year guidance for net income attributable to Whitestone REIT to a range of $30.9 million to $33.0 million, significantly higher than the original guidance of $17.1 million to $19.2 million [9] - Core FFO guidance remains unchanged at $54.2 million to $56.3 million, with same-store NOI growth projected at 3.5% to 4.5% [9]

National Health Investors Q4 2024 Supplemental TABLE OF CONTENTS COMPANY | COMPANY INFORMATION & LEADERSHIP | 02 | | --- | --- | | PORTFOLIO | | | PORTFOLIO OVERVIEW | 03 | | REAL ESTATE INVESTMENTS | 04 | | SENIOR HOUSING OPERATING PORTFOLIO | 05 | | OPERATING PARTNERS | 06 | | EBITDARM LEASE COVERAGE & OCCUPANCY | 07 | | PURCHASE OPTIONS & LEASE MATURITIES | 08 | | INVESTMENTS | | | INVESTMENT RATIONALE | 09 | | RECENT INVESTMENTS | 10 | | CAPITALIZATION | | | CAPITALIZATION OVERVIEW | 11 | | CAPITAL STRU ...