secwatch.observer — SEC 8-K summary
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Issuer:     ONE LIBERTY PROPERTIES INC (OLP)
CIK:        0000712770
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001213900-24-065669
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

One Liberty Properties Q2 net income $9.6M; FFO $0.43; contracts to buy $61.6M industrial properties
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- Net income $9.6M ($0.45 diluted) vs $6.5M in prior Q2; includes $7.4M gain on property sales.
- FFO $9.2M ($0.43/share) vs $9.6M ($0.45) YoY; AFFO $10.2M ($0.48) vs $10.8M ($0.50).
- Rental income $21.8M, down from $22.4M due to asset sales and same-store lease amendments.
- Signed contracts to acquire two industrial properties for $33M and $28.3M; expected Q3/Q4 closings.
- Sold six properties for $7.4M net gain; available liquidity $134.1M at Aug 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712770/000121390024065669/0001213900-24-065669-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712770/000121390024065669/ea0210709-8k_oneliberty.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-065669

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