{"schema_version":"secwatch.filing_event.v1","accession":"0001611547-24-000028","form_type":"8-K","ticker":"UE","cik":"0001611547","company_name":"Urban Edge Properties","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.250490+00:00","generated_at":"2026-06-02T18:38:44.324495+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Urban Edge Properties Q1 FFO as Adj $0.33/share; raises full-year guidance to $1.30 midpoint","bullets":["Net income $2.6M ($0.02/diluted); FFO as Adj $0.33 vs $0.32 YoY.","Same-property NOI growth 2.2% (3.7% incl. redevelopment); retail shop occupancy up 340bps to 88.4%.","Acquired Heritage Square ($34M, 7.8% cap) and Ledgewood Commons ($83M, 7.9% cap) in NJ; funded via mortgage debt, asset sales.","Raised 2024 FFO as Adj guidance to $1.27-$1.32/share (midpoint $1.30); cites strong Q1 and accretive acquisitions.","Total liquidity $712M; net debt to market cap 41%; weighted average debt maturity 5 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001611547-24-000028","json":"https://secwatch.observer/filing/0001611547-24-000028.json","markdown":"https://secwatch.observer/filing/0001611547-24-000028.md","text":"https://secwatch.observer/filing/0001611547-24-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1611547/000161154724000028/0001611547-24-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1611547/000161154724000028/ue-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T18:38:44.324495+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"57bc459c512e0be93ecbfa18a65c7800a3ef4b3d","claim":"Urban Edge Properties reported the quarter ended March 31, 2024 results: net income $ 2,603, EPS 0.02. Guidance raised.","evidence_excerpt":"Financial Results (1)(2) (in thousands, except per share amounts) 1Q24 1Q23 Net income (loss) attributable to common shareholders $ 2,603 $ (19,118) Net income (loss) per diluted share 0.02 (0.16)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1611547/000161154724000028/0001611547-24-000028-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Net income","value":"$ 2,603"},{"label":"EPS","value":"0.02"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}