secwatch.observer — SEC 8-K summary
======================================

Issuer:     ONE LIBERTY PROPERTIES INC (OLP)
CIK:        0000712770
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001213900-23-083885
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

One Liberty Properties Q3 rental income up 4.7% to $22.5M; FFO rises to $0.45/shr
--------------------------------------------------------------------------------

- Rental income grew 4.7% YoY to $22.5M in Q3 2023.
- Net income $2.7M ($0.12 diluted EPS) vs $7.2M ($0.34) in Q3 2022; prior year included $4.1M gain on sale.
- FFO $9.7M ($0.45/shr) and AFFO $10.5M ($0.49/shr), up from $9.2M and $10.1M in Q3 2022.
- Repurchased $9.1M of shares in 2023, including $2.5M after quarter end; $8.7M still authorized.
- Acquired 177K SF industrial property in Blythewood, SC for $13.4M; contracted to sell Manahawkin, NJ shopping center for ~$36.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712770/000121390023083885/0001213900-23-083885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712770/000121390023083885/ea187766-8k_oneliberty.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-083885

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer