secwatch.observer — SEC 8-K summary
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Issuer:     Empire State Realty Trust, Inc. (ESRT)
CIK:        0001541401
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001541401-26-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ESRT Q4 net income $0.12/sh, Core FFO $0.23/sh; 2025 acquisitions $417M
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- Q4 net income $0.12 per diluted share; full year $0.25. Core FFO $0.23 Q4, $0.87 full year (vs $0.24 and $0.95 in 2024).
- Same-store Property Cash NOI (excl. termination fees) +0.9% Q4, -2.0% FY; adjusted +3.4% Q4, +0.6% FY.
- Office occupancy 89.9%, total commercial 90.3%. Signed 458k sq ft commercial leases in Q4, 1.01M sq ft in FY.
- Completed $386M all-cash acquisition of 130 Mercer St (SoHo); sold last suburban asset; portfolio now 100% NYC.
- Issued $175M senior unsecured notes (5.47%, 2031); upsized term loan to $245M. No debt maturity until March 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1541401/000154140126000005/0001541401-26-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1541401/000154140126000005/esrt-20260217.htm
  HTML page:      https://secwatch.observer/filing/0001541401-26-000005

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