Broad Street Realty files historical financials for three acquired centers; 2020 total revenues $5.7M, NOI $3.6M

Broad Street Realty, Inc.

Combined rental revenues: $1.37M (Q1 2021 unaudited) and $5.75M (2020); total operating expenses $0.58M and $2.11M.
Total consideration for three shopping centers approx $8.2M: 6.33M shares issued + $0.8M cash.
Company assumed $31.5M mortgage debt and issued $3.9M preferred equity (13.5% cumulative return) with warrants for 200K shares at $2.50.
Pro forma net loss attributable to common stockholders: $(2.38M) for Q1 2021 ($0.08/sh) and $(10.71M) for 2020 ($0.38/sh).
Future minimum lease payments under tenant leases total $18.5M as of Dec 31, 2020.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.