American Strategic Investment Q2 FY26 net loss narrows to $8.3 million; revenue falls 40.14% to $7.32 million

Reuters2026/08/12 10:03

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American Strategic Investment posted a net loss attributable to common stockholders of USD 8.3 million, narrowing from USD 41.7 million a year earlier.
Revenue fell 40.14% to USD 7.3 million, primarily tied to last year’s disposition of 1140 Avenue of the Americas.
Adjusted EBITDA, a non-GAAP metric, rose to USD 2.4 million from USD 381,000.
Cash NOI, a non-GAAP metric, slipped 26.88% to USD 3.1 million; the portfolio was 74.8% leased with a 6.1-year weighted-average lease term.
CEO Nicholas Schorsch, Jr. said the company remains focused on completing remaining asset dispositions and directing capital to durable shareholder value opportunities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Strategic Investment Co. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608120600BIZWIRE_USPR_____20260812_BW424638) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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American Strategic Investment Q2 FY26 net loss narrows to $8.3 million; revenue falls 40.14% to $7.32 million

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