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

Issuer:     Power REIT (PW)
CIK:        0001532619
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001493152-22-008650
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Power REIT reports 2021 annual net income per share up 42%, Core FFO per share up 44%
--------------------------------------------------------------------------------

- Revenue $8.46M for 2021, up 98% YoY; net income per basic share $1.41, up 42% from $0.99.
- Core FFO per common share $1.93 for 2021, up 44% from $1.34; Q4 Core FFO $0.35, impacted by $0.16 one-time adjustments.
- Deployed ~$37M from rights offering, invested ~$48M in 9 greenhouse properties during 2021.
- Obtained $20M debt facility at 5.42% interest, converting to 5-year term loan after 12-month draw period.
- Portfolio includes 21 greenhouse properties, 7 solar farm ground leases, 112 miles of railroad.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532619/000149315222008650/0001493152-22-008650-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532619/000149315222008650/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-008650

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