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Jun 30, 2022
Cedar Realty Trust Inc Q2 2022 Earnings Report
Reported results for the second quarter of 2022, featuring a net loss, signed leases, and approved transactions.
Key Takeaways
Cedar Realty Trust reported a net loss attributable to common shareholders of $(3.41) per diluted share for Q2 2022. The company signed 32 new and renewal leases and the stockholders approved the transactions. On July 7, 2022, the Company completed the 33 Grocery-Anchored Portfolio Sale and the sale of East River and Senator Square for $879 million.
Net loss attributable to common shareholders was $(3.41) per diluted share.
NAREIT-defined Funds From Operations (FFO) was a negative $(1.64) per diluted share.
Operating FFO was $0.58 per diluted share.
Same-property net operating income (NOI) decreased 3.5%.
Cedar Realty Trust Inc
Cedar Realty Trust Inc
Forward Guidance
No forward guidance provided in this report.