---
schema_version: "secwatch.filing_event.v1"
accession: "0001611547-24-000042"
form_type: "8-K"
ticker: "UE"
cik: "0001611547"
company_name: "Urban Edge Properties"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:23:49.662652+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Urban Edge Q2 FFO as Adjusted $0.32 (+7% YoY); raises FY2024 guidance low end

## Summary
- Net income $30.8M ($0.26/diluted) vs $10.3M ($0.09) prior year; includes $21.7M debt extinguishment gain.
- Same-property NOI grew 3.6% Q2; consolidated portfolio leased occupancy 96.4%, shop occupancy 89.8% (+520bps YoY).
- Acquired Ledgewood Commons for $83M (7.9% cap rate); sold Lodi industrial for $29.2M (5.4% cap).
- Foreclosure settlement eliminated $68.6M mortgage at Kingswood Center; recognized $21.7M gain.
- FY2024 FFO as Adjusted guidance raised to $1.29-$1.32 per diluted share (from prior $1.28-$1.32).

## SEC filing metadata
- accession: 0001611547-24-000042
- form_type: 8-K
- ticker: UE
- cik: 0001611547
- company_name: Urban Edge Properties
- filed_at: 2024-07-31T23:59:59+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/1611547/000161154724000042/0001611547-24-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611547/000161154724000042/ue-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001611547-24-000042
- JSON: https://secwatch.observer/filing/0001611547-24-000042.json
- Plain text: https://secwatch.observer/filing/0001611547-24-000042.txt

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