Dafinchi AI

Cousins Properties Incorporated

CUZ

2025 Q2

Financial Services

2mo

Strategic Acquisition of The Link in Uptown Dallas

Acquired for $218 million at $747 per square foot, representing a discount to replacement cost.
94% leased with a 9.3-year weighted average lease term.
Immediate accretive to earnings with a 6.7% cash yield and 8.3% GAAP yield.
Located in a high-demand submarket with a walk score of 94, near Goldman Sachs campus.
Strong lease-up history and high-quality tenant profile, including professional service firms.

Cousins Properties Incorporated

CUZ

2025 Q2

Financial Services

2mo

FFO Beat

$0.70 per share

We had a strong second quarter at Cousins. On the earnings front, the team delivered $0.70 a share in FFO, which was $0.01 above consensus.

Community Bank System, Inc.

CBU

2025 Q2

Financial Services

3mo

Strategic Branch Acquisition in Pennsylvania

Announcement of a branch acquisition in Pennsylvania expected to close in Q4 2025.
Provides a strong presence in a high strategic importance market with high-quality liquidity.
No asset issues or concentrations, limited execution risk, and no share issuance involved.
Enhances the company's retail growth strategy and market share in the Lehigh Valley.
Expected to be accretive to earnings and deploy cash proceeds into earning assets over the next few years.

Urban Edge Properties

2025 Q2

Financial Services

2mo

Record High Shop Occupancy and Pricing Power Enhancement

Shop occupancy reached a record high of 92.5%, up 270 basis points YoY, with a target to exceed 93% in H2 2025.
Management highlighted increased pricing power through better lease terms, including exclusives, radius restrictions, and faster store openings, leveraging high occupancy levels.

Boston Properties, Inc.

BXP

2025 Q2

Financial Services

2mo

Strategic Development of 343 Madison Avenue with Anchor Tenant and Capital Structure

Proceeding with full vertical construction for late 2029 delivery, with site prep and foundation work underway since October 2024.
Executed a letter of intent with a prestigious investment-grade financial institution for approximately 30% of the building.
Plan to buy out the 45% joint venture partner for about $44 million, citing partner’s shift in investment focus.
Projected stabilized cash yield of 7.5% to 8%, with potential for high single-digit IRR on levered basis, depending on exit cap and sale timing.
Estimated total development cost of just under $2 billion, with strong pre-leasing activity and high demand for premier office space in Midtown Manhattan.

CTO Realty Growth, Inc.

CTO

2025 Q2

Financial Services

2mo

Progress on Anchor Space Mark-to-Market Opportunity and Leasing Strategy

Full control of 10 anchor spaces vacated by Party City and JOANN's as of Q2 2025.
Six of the 10 anchor spaces leased with new tenants including Burlington, Boot Barns, Bassett Furniture, Slick City Action Park, and Bob's Discount Furniture.
Targeting a 40% to 60% positive cash leasing spread on these anchor spaces.
Overall leasing pipeline of $4.6 million, representing 4.6% of in-place cash rents, supporting earnings growth into 2026.

Simon Property Group, Inc.

SPG

2025 Q2

Financial Services

2mo

Strategic Acquisition of Brickell City Centre at Below Replacement Cost

Simon Property Group acquired the partner’s interest in Brickell City Centre for $512 million, making it wholly owned.
The purchase was made at a cap rate higher than open-air strip assets but below its replacement cost.
Management emphasized the asset’s high quality, international customer base, and growth prospects due to Miami’s traffic, tourism, and development around Brickell.
The acquisition is accretive and management plans to enhance leasing and operational efficiencies to grow NOI.

Earnings Feed

Strategic Acquisition of The Link in Uptown Dallas

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FFO Beat

Strategic Branch Acquisition in Pennsylvania

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Strategic Development of 343 Madison Avenue with Anchor Tenant and Capital Structure

Progress on Anchor Space Mark-to-Market Opportunity and Leasing Strategy

Strategic Acquisition of Brickell City Centre at Below Replacement Cost