secwatch.observer — SEC 8-K summary
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Issuer:     ONE LIBERTY PROPERTIES INC (OLP)
CIK:        0000712770
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001213900-24-094571
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

One Liberty Q3 net income $0.23/sh, FFO $0.43/sh; buys $33M industrial
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- Net income $5.2M ($0.23 diluted) vs $2.7M ($0.12) in Q3 2023; gain on property sales boosted results.
- FFO $9.2M ($0.43 diluted) vs $9.7M ($0.45) YoY; AFFO $9.9M ($0.46) vs $10.5M ($0.49).
- Rental income $22.2M vs $22.5M YoY; expenses flat at $14.3M.
- Acquired 302,347-sq-ft industrial in Council Bluffs, IA for $33M with $18.4M mortgage (6.08%, IO until 2029).
- Signed sales agreements for 3 properties post-quarter: LA Fitness (NJ, $21.4M), retail (OH, $1.6M), retail (MN, $14.2M); estimated total gain ~$7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712770/000121390024094571/0001213900-24-094571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712770/000121390024094571/ea0220075-8k_oneliberty.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-094571

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