Cedar Realty Trust (CDR) Tops Q1 FFO by 10c; Narrows FFO Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Cedar Realty Trust Reports First Quarter 2016 Results
May 5, 2016 4:01 PM EDTPORT WASHINGTON, N.Y., May 5, 2016 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR) today reported results for the first quarter ended March 31, 2016.
Highlights
Operating funds from operations (Operating FFO) of $0.14 per diluted share Same-property net operating income (NOI) increased 1.3% Signed 64 new and renewal leases for 345,900 square feet Comparable cash-basis lease spreads of 8.7% Total portfolio 91.6% leased and same-property portfolio 92.0% leased at quarter-end On February 11, 2016, the Company sold Liberty Marketplace located in Dubois, Pennsylvania for $15.0 million On February 25, 2016, the Company acquired Shoppes at... MoreCedar Realty Trust Acquires Glenwood Village In Bloomfield, NJ
May 5, 2016 9:41 AM EDTPORT WASHINGTON, N.Y., May 5, 2016 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR) announced today that it closed on the acquisition of Glenwood Village in Bloomfield, NJ. The 64,000 square foot, newly constructed, mixed-use property was acquired unencumbered for $19.5 million.
Glenwood Village, anchored by a Foodtown Supermarket on the retail level, features upper... More
