Seeking Alpha

More on Trade Street Residential results

  • 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

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