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Wheeler REIT Q1 net loss USD 1.17 million; revenue slips 1.4% to USD 24.01 million
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Wheeler REIT Q1 net loss USD 1.17 million; revenue slips 1.4% to USD 24.01 million
  • Wheeler Real Estate Investment Trust swung to a net loss of USD 1.17 million in the quarter ended March 31, 2026, as revenue slipped 1.4% to USD 24.01 million.
  • Operating income fell to USD 10.19 million from USD 12.14 million, while interest expense declined 9.9% to USD 7.29 million.
  • Same-property net operating income rose 7.9% to USD 14.96 million.
  • Net changes in fair value of derivative liabilities widened to a loss of USD 3.37 million from a loss of USD 2.31 million, while gain on disposal of properties dropped 55% to USD 2.56 million.
  • Portfolio count ended at 59 retail shopping centers, down from 69, following sales of four properties that generated net proceeds of USD 5.81 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wheeler Real Estate Investment Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001527541-26-000128), on May 08, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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