The decrease in revenues was primarily attributable to anon-recurring gain on the sale of land that occurred in the secondquarter of last year, company officials say.
The increase in FFO was partly the result of a gain on the saleof an outparcel.
The increases were partially offset by lost revenues from thefirst-quarter sale of White Lake MarketPlace and Athens TownCenter.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.