Curbline Properties Corp. (CURB) Form 10-Q — Oct 22, 2026
Curbline Properties reported Q3 2026 total revenues of $71.1 million, up 46% year-over-year, with FFO attributable to Curbline of $37.1 million versus $29.1 million a year ago, driven by aggressive acquisitions. The company acquired 72 convenience shopping centers for $800.0 million from January 1 through October 22, 2026, funded by $925.9 million of expected gross proceeds from forward equity sales plus $200 million of new senior unsecured notes. GAAP net income for the nine months fell to $17.9 million from $30.3 million on higher interest and depreciation expense and lower interest income.
Key figures
- Eps
- 0.06
- Revenue
- 71099000
- Net Income
- 7443000
- Total Debt
- 600000000
- Revenue Yoy
- 46.2% increase in total revenues (Q3 2026 $71.1M vs Q3 2025 $48.6M)
- Total Assets
- 3033182000
- Cash Position
- 122833000
- Shares Outstanding
- 121424191
- Q3 ffo
- $37.1 million vs $29.1 million prior year
- Portfolio
- 239 convenience shopping centers, 6.1 million sq ft GLA
- Leased rate
- 96.4%
- Occupancy rate
- 94.5%
- Q3 operating ffo
- $37.4 million vs $29.5 million prior year
- Total noi growth
- 51.2%
- Nine month revenue
- $192.4 million vs $128.7 million prior year
- Quarterly dividend
- $0.17 per share
- Acquisitions 9mo 2026
- 67 centers for $750.4 million gross
- Nine month net income
- $17.9 million vs $30.3 million prior year
- Acquisitions ytd oct22
- 72 centers for $800.0 million
- Atm remaining capacity
- $292.9 million
- Subsequent acquisitions
- 5 centers for $49.6 million (Oct 1-22, 2026)
- Cash new leasing spreads
- 18.2%
- Same property noi growth
- 2.5%
- Weighted avg interest rate
- 5.0%
- Forward equity gross proceeds
- $925.9 million expected (33.0M shares sold forward)
AI analysis
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