secwatch.observer — SEC 8-K summary
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Issuer:     KILROY REALTY CORP (KRC)
CIK:        0001025996
Form:       8-K
Filed at:   2026-07-27T20:31:01+00:00
Accession:  0001628280-26-049820
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kilroy Realty Q2 net income $19.9M ($0.17/sh) vs $68.4M; FFO $0.92 vs $1.13; occupancy 77%
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- Revenue $272.4M, down from $289.9M YoY; net income $19.9M vs $68.4M; FFO $109.3M vs $135.9M.
- Stabilized portfolio 77.0% occupied, 81.5% leased; 450 bps of signed-not-commenced space.
- Second-gen leasing spreads: GAAP +27.3%, cash +15.6% (excl. space vacant >12 months).
- Sold two residential towers for $202M; amended credit facilities: revolver to $1.25B, term loan to $250M.
- Affirmed FY2026 FFO guidance $3.49-$3.63 per diluted share; quarterly dividend $0.54/sh unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025996/000162828026049820/0001628280-26-049820-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025996/000162828026049820/krc-20260727.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-049820

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer