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Empire State Realty OP Series 250 ( (FISK) ) has shared an update.
Empire State Realty Trust announced its financial results for the second quarter of 2025, reporting a net income of $0.04 per share and core funds from operations of $0.22 per share. The company signed 232,108 rentable square feet of leases and maintained $0.7 billion in liquidity with no floating rate debt exposure. The same-store property cash net operating income decreased by 5.9% year-over-year due to increased real estate taxes and property operating expenses, partially offset by higher tenant reimbursement income. The Manhattan office leased rate increased to 93.8%, and the company completed the acquisition of a retail asset in Williamsburg Brooklyn for $31 million. Additionally, the company repurchased $2.1 million of common stock and paid quarterly dividends to its shareholders.
More about Empire State Realty OP Series 250
Empire State Realty Trust, Inc. (ESRT) is a New York City-focused real estate investment trust (REIT) that owns and operates a portfolio of modernized office, retail, and multifamily properties. The company is recognized for its energy efficiency and indoor environmental quality, with its flagship property being the iconic Empire State Building.
Average Trading Volume: 2,503
Technical Sentiment Signal: Sell
Current Market Cap: $2.03B
Learn more about FISK stock on TipRanks’ Stock Analysis page.