Cousins Properties: Mixed Signals Justify Hold Rating Amid Resilience and ChallengesCUZ had a solid 3Q25, with an in-line Core FFOps and guidance raise above the Street, on parking and other income. However, Cash SSNOI was just +0.3% with the previously known departure of ABR), leading to an 80bps occupancy decline q/q to 88.3. There were no major transactions for CUZ this quarter, although it provided a $19.6M one-year, accretive loan to its Neuhoff JV partner JPM AM at SOF+625bps.