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Tanger Reports Fourth Quarter And Full Year Results
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Tanger Reports Fourth Quarter And Full Year Results
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2, Core FFO
2 and AFFO
2 of $44.0M, $57.2M, $55.5M and $62.4M, respectively, attributable to common stockholders for the year ended December 31, 2020, compared to net income, FFO, Core FFO, and AFFO of $99.1M, $40.7M, $47.6M and $54.2M, respectively, attributable to common stockholders for the year ended December 31, 2019.
For the year ended December 31, 2020, 2019-2020 Same Store properties
3 average effective rent, total revenue and NOI
2 increased 1.4%, 3.6% and 3.2%, respectively, and occupancy decreased 10 bps over the prior year period.
During the three months ended December 31, 2020, NXRT acquired the Fairways at San Marcos, a 352-unit garden style apartment community in Chandler, Arizona, for a purchase price of approximately $84.5 million.
Retail Properties of America, Inc Reports Fourth Quarter and Full Year 2020 Results
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QTS Reports Fourth Quarter And Full Year 2020 Operating Results
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OVERLAND PARK, Kan., Feb. 16, 2021 /PRNewswire/ QTS Realty Trust, Inc. ( QTS or the Company ) (NYSE: QTS) today announced operating results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter and Full Year GAAP & Other Highlights
Three Months Ended
2020
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Additional Fourth Quarter and Full Year Highlights
Recognized total consolidated revenues of $143.9 million and $539.4 million for the quarter and year ended December 31, 2020, respectively, an increase of 16.3% and 12.2% compared to the same periods in 2019. Total consolidated revenues do not include QTS pro rata share of revenue attributable to its unconsolidated joint venture.