More on Trade Street Residential results

|About: Trade Street Residential... (TSRE)|By:, SA News Editor

Core FFO of $2.2M or $0.06 per share vs. a loss of $300K or $0.03 one year ago. Dividend is $0.095.

Excluding a one-time property tax settlement, same store NOI grew 5.5% Y/Y, thanks to occupancy rising 60 bps to 96.2% and a 3% rise in rents to $879 per month.

Conference call at 11 ET

Previously: Trade Street Residential misses by $0.02

TSRE flat premarket