From GlobeNewswire: 2025-04-30 23:39:00

Firm Capital Apartment REIT reported a NAV of $6.57 per Trust Unit. Net income for the three months ended December 31, 2024, was $0.1 million, while AFFO was approximately $0.16 million. The Trust has disposed of $71.6 million in wholly owned assets and repaid $60.7 million in debt. They also completed the sale of a joint venture property in Maryland for $15.9 million. The Trust holds three Preferred Capital Investments totaling $9.5 million. Forward-looking statements caution of risks associated with the real estate market and general economic conditions. Certain financial information uses non-IFRS measures like NOI, FFO, and AFFO.



Read more at GlobeNewswire: Firm Capital Apartment REIT Provides Strategic Review