Barb Pak

“Today I will recap our second quarter results, discuss key updates to our revised FOLIAR guidance, and conclude with comments on the balance sheet. Starting with our second quarter results, we achieved another solid quarter with core FFO per share exceeding the midpoint of our guidance range by $0.10.”

“Yeah, so that is a good question. and your point is correct like the bulk of our preferred equity book has rolled off or we're not accruing on it and so the headwinds that we're experiencing this year will not carry forward into 2027 so we we do expect 180 basis points of headwinds this year and then and we had a lot…”

“I'll begin with a recap of our third quarter results, followed by comments on investments and the balance sheet. Beginning with our third quarter results. We achieved a solid quarter with Core FFO per share exceeding the midpoint of our guidance range by $0.03, attributed to lower G&A and interest expense.”

“I'll begin with comments on our first-quarter results and full-year guidance, followed by an update on investments and the balance sheet. I'm pleased to report that first-quarter core FFO per share exceeded the midpoint of our guidance range by $0.05.”

“Today, I will discuss our Fourth Quarter results, key assumptions to our 2025 guidance, followed by comments on the balance sheet. We are pleased with our Fourth Quarter results, which were slightly ahead of our expectations, primarily driven by higher income from our joint venture entities.”