earnings
confidence high
sentiment neutral
materiality 0.50
ASIC posts Q4 2025 net loss of $6.7M; continues asset sale process
American Strategic Investment Co.
- Q4 2025 revenue from tenants $6.5M; net loss $6.7M; EBITDA $2.3M; Cash NOI $1.8M.
- Portfolio occupancy 80.3%; weighted-average lease term 6.1 years; top 10 tenants 69% investment grade.
- Continued marketing for sale of 123 William Street and 196 Orchard Street to generate proceeds for diversification.
- Completed consensual foreclosure of 1140 Avenue of the Americas, eliminating $99M debt maturity.
- Changed auditor from PwC to CBIZ for cost savings; all debt fixed-rate at 4.5%; no maturities until 2027.