---
schema_version: "secwatch.filing_event.v1"
accession: "0001611547-21-000079"
form_type: "8-K"
ticker: "UE"
cik: "0001611547"
company_name: "Urban Edge Properties"
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T14:05:05.278762+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Urban Edge Q3 net income $27.8M vs loss of $5.6M; FFO $0.37; same-property NOI up 26.4%

## Summary
- Net income $27.8M ($0.24 diluted) vs net loss $5.6M ($0.05 loss) Q3 2020; FFO as Adj $0.28 vs $0.19.
- Same-property NOI up 26.4% (incl redev) driven by $11.4M lower uncollectible rent; leased occupancy 92.8% +80 bps.
- Acquired two industrial warehouses for $55.5M; sold properties for $5.5M and $11.8M.
- Terminated three Kmart/Sears leases for $20M to reposition; signed leases have $16M future annual gross rent.
- Balance sheet: $1B liquidity, net debt to market cap 33%, no debt maturing in 2021.

## SEC filing metadata
- accession: 0001611547-21-000079
- form_type: 8-K
- ticker: UE
- cik: 0001611547
- company_name: Urban Edge Properties
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611547/000161154721000079/0001611547-21-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611547/000161154721000079/ue-20211103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001611547-21-000079
- JSON: https://secwatch.observer/filing/0001611547-21-000079.json
- Plain text: https://secwatch.observer/filing/0001611547-21-000079.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.