secwatch.observer — SEC 8-K summary
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Issuer:     NewLake Capital Partners, Inc. (NLCP)
CIK:        0001854964
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0001854964-24-000049
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

NewLake Capital Q3 revenue $12.6M (+9.3% YoY), AFFO $10.8M, declares $0.43 dividend
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- Revenue $12.6M (+9.3% YoY); net income $6.4M vs $6.0M YoY.
- AFFO $10.8M (+6.7% YoY); FFO $10.3M (+6.5% YoY).
- Q3 dividend $0.43/share ($1.72 annualized), payout ratio 84% of AFFO.
- Rent collection ~97%; Revolutionary Clinics paying 50% of rent; Calypso missed Sept/Oct, escrow applied.
- Cash $19.8M, $12.2M committed for improvements; $7.6M drawn on credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854964/000185496424000049/0001854964-24-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854964/000185496424000049/nlcp-20241113.htm
  HTML page:      https://secwatch.observer/filing/0001854964-24-000049

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