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Cedar Realty Q1 net income turns to loss of $291,000; revenue falls 7.3% to $6.87 million
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Cedar Realty Q1 net income turns to loss of $291,000; revenue falls 7.3% to $6.87 million
  • Cedar Realty Trust posted a net loss of $291,000 as revenue fell 7.3% to $6.87 million.
  • Operating income dropped to $1.91 million from $4.15 million, reflecting no gain on sales versus $2.42 million a year earlier.
  • Same-Property NOI rose 5.8% to $4.28 million, with end-of-period occupancy up 2.4 percentage points to 93.0%.
  • Net cash from operating activities in the quarter edged up to $2.33 million, while cash, cash equivalents and restricted cash totaled $16.3 million at March 31, 2026.
  • WHLR contributed 294,000 shares of Series C Preferred Stock, and Cedar retired 294,000 shares in the quarter as it continued preferred repurchases it said will cut future annual dividend payments by $6.1 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. Cedar Realty 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: 0000761648-26-000015), 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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