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