American Strategic Investment Co. furnished an investor presentation for Q1 2026, highlighting portfolio occupancy of 76.4%, 69% investment-grade tenants, and ongoing marketing for asset sales.
Key takeaways
Portfolio occupancy at 76.4% with weighted-average remaining lease term of 6.2 years.
Top 10 tenants are 69% investment-grade rated, providing stable cash flow.
Marketing process for dispositions of 123 William St and 196 Orchard St continues.
100% fixed-rate debt with no maturities until 2027 and net leverage of 59.6%.
Advisor and affiliates own approximately 1.6 million shares, aligning interests.
Net loss of $7.8 million in Q1 2026, with Cash NOI of $2.8 million.