American Strategic Investment Co. Announces Second Quarter 2026 Results
American Strategic Investment reported Q2 revenue of $7.3 million, down from $12.2 million in the prior year due to asset dispositions, while net loss narrowed significantly to $8.3 million from $41.7 million. Adjusted EBITDA grew to $2.4 million compared to $0.4 million a year ago, reflecting the impact of the company's capital prioritization strategy. The company regained compliance with NYSE minimum market capitalization and stockholders' equity requirements, removing a near-term delisting risk. The portfolio maintained a weighted-average lease term of 6.1 years with 69% of rent from top tenants coming from investment-grade counterparties.
Key figures
- Revenue
- 7300000
- Cash noi
- 3100000
- Adjusted ebitda
- 2400000
- Net debt to gross asset value
- 59.6%
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