WashREIT reported a net loss of $6.8 million, or $0.08 per diluted share, for the fourth quarter of 2021. NAREIT FFO was $13.3 million, or $0.16 per diluted share, and Core FFO was $0.17 per diluted share. Same-store Multifamily NOI increased by 4.2% year-over-year and 8.0% on a cash basis.
Net loss was $6.8 million, or $0.08 per diluted share.
NAREIT FFO was $13.3 million, or $0.16 per diluted share.
Core FFO was $0.17 per diluted share.
Same-store Multifamily NOI increased by 4.2% year-over-year and 8.0% on a cash basis.
Core FFO for 2022 is expected to range from $0.87 to $0.93 per fully diluted share. Same-store multifamily NOI growth is expected to range between 7.75% to 9.75%.
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