Every material Form 8-K Urban Edge Properties has filed with the SEC since February 14, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Urban Edge Properties (NYSE: UE) reported third-quarter 2026 results on October 28, 2026. Net income attributable to common shareholders was $51.4 million, or $0.41 per diluted share, up from $14.9 million, or $0.12, a year earlier, helped by a $36 million gain on the sale of Briarcliff Commons. FFO per diluted share fell to $0.38 from $0.40, while FFO as Adjusted per diluted share rose to $0.38 from $0.36, and the company raised its full-year 2026 FFO as Adjusted range to $1.52 to $1.54 per diluted share.
Q3 2026 net income attributable to common shareholders was $51.4 million ($0.41 per diluted share), versus $14.9 million ($0.12) in Q3 2025.
Q3 2026 FFO per diluted share was $0.38, down from $0.40; FFO as Adjusted per diluted share was $0.38, up from $0.36.
2026 FFO as Adjusted guidance rose to $1.52 to $1.54 per diluted share from $1.50 to $1.54; FFO guidance rose to $1.59 to $1.61 from $1.57 to $1.60.
As of September 30, 2026, total liquidity was approximately $940.7 million and net debt to total market capitalization was 38%.
Urban Edge Properties reported second-quarter 2026 results, with FFO as Adjusted of $0.40 per diluted share, up from $0.36 a year earlier, and raised its full-year 2026 FFO as Adjusted guidance by $0.02 per share at the midpoint. Net income attributable to common shareholders fell to $17.9 million, a decline the company attributes mainly to a $49.5 million gain on property sales in the second quarter of 2025.
Q2 2026 FFO as Adjusted was $52.3 million, or $0.40 per diluted share, versus $47.3 million, or $0.36, in Q2 2025.
Q2 2026 net income attributable to common shareholders was $17.9 million, or $0.14 per diluted share, versus $58.0 million, or $0.46, in Q2 2025.
2026 FFO as Adjusted guidance was raised to $1.50 to $1.54 per diluted share from $1.48 to $1.52.
Board declared a quarterly common dividend of $0.21 per share, payable September 30, 2026 to holders of record on September 15, 2026.
Urban Edge Properties reported first-quarter 2026 net income attributable to common shareholders of $22.6 million, or $0.18 per diluted share, up from $8.2 million, or $0.07 per diluted share, a year earlier. The company raised its 2026 net income and FFO guidance, and raised the low end of its FFO as Adjusted range, which gives shareholders a higher expected earnings range for the year.
Q1 2026 FFO was $55.7 million, or $0.42 per diluted share, versus $45.5 million, or $0.35, a year earlier; the quarter included $8.4 million, or $0.06 per diluted share, of non-recurring environmental remediation reimbursements.
2026 net income guidance was revised to $0.56 to $0.60 per diluted share from $0.49 to $0.54; FFO guidance was revised to $1.54 to $1.58 from $1.47 to $1.52.
FFO as Adjusted guidance is now $1.48 to $1.52 per diluted share, up from $1.47 to $1.52 at the low end.
Same-property NOI grew 2.4% in the quarter, and same-property leased occupancy was 96.4% at March 31, 2026, down 30 basis points from December 31, 2025.
Urban Edge Properties reported full-year 2025 net income attributable to common shareholders of $93.5 million, or $0.74 per diluted share, up from $72.6 million, or $0.60, in 2024. Fourth-quarter net income fell to $12.4 million from $30.1 million because the year-earlier quarter included a $23.5 million gain on a property sale. The company also raised its quarterly dividend 11% to $0.21 per share and projected 2026 FFO of $1.47 to $1.52 per diluted share.
Full-year 2025 FFO as Adjusted was $1.43 per diluted share, up from $1.35 in 2024; the company said this was ahead of its target.
Fourth-quarter 2025 net income was $0.10 per diluted share, compared with $0.24 in the fourth quarter of 2024.
The Board declared a $0.21 quarterly dividend on February 10, 2026, payable March 31, 2026 to holders of record on March 13, 2026.
2026 guidance: net income of $0.49 to $0.54 per diluted share and FFO of $1.47 to $1.52 per diluted share, about 4.5% growth at the midpoint.
Urban Edge Properties' operating partnership entered a restated credit agreement and a separate term loan agreement on January 22, 2026. The revolver shrinks from $800 million to $700 million, but its maturity moves from February 2027 to June 2030, and $250 million of delayed-draw term loans are added, for total committed facilities of $950 million with no amounts currently drawn. For shareholders, the filing adds borrowing capacity and extends maturities, while the agreements include leverage and coverage covenants.
Revolving credit facility reduced from $800 million to $700 million; maturity extended from February 9, 2027 to June 28, 2030, with two 6-month extension options
Five-year term facility of $125 million maturing June 30, 2031, and seven-year term facility of $125 million maturing January 22, 2033, both with a twelve-month delayed-draw feature
Current margins are 1.00% over SOFR for revolver loans, 1.15% for five-year term loans and 1.50% for seven-year term loans; facility fee is 0.15%
No amounts are currently drawn; the agreements include a 60% total debt to capitalization limit and accordion features
Urban Edge Properties reported third-quarter 2025 net income attributable to common shareholders of $14.9 million, up from $9.1 million a year earlier, and raised its full-year 2025 guidance. The company also said it acquired Brighton Mills Shopping Center in Massachusetts for $39 million, adding to its Boston-area holdings.
Q3 2025 net income attributable to common shareholders was $14,935 thousand, or $0.12 per diluted share, versus $9,080 thousand, or $0.07, in Q3 2024.
Q3 2025 FFO as Adjusted per diluted share was $0.36, compared with $0.35 a year earlier.
2025 FFO as Adjusted guidance is now $1.42 to $1.44 per diluted share, with a midpoint of $1.43, up from $1.42.
On October 23, 2025, the company acquired Brighton Mills Shopping Center for a gross purchase price of $39 million.
Urban Edge Properties reported second-quarter 2025 results on July 30, 2025 and raised its full-year 2025 FFO as Adjusted guidance by $0.025 per share at the midpoint. Quarterly net income attributable to common shareholders rose to $57.98 million, or $0.46 per diluted share, from $30.76 million, or $0.26, a year earlier, though the gain on property sales drove much of the increase.
Q2 2025 FFO as Adjusted was $0.36 per diluted share, up from $0.32 a year earlier; the CEO called it a quarterly record.
Q2 2025 net income included a $49.5 million, or $0.39 per diluted share, gain on sale of real estate from three non-core dispositions.
Full-year 2025 FFO as Adjusted guidance was raised to $1.40-$1.44 per diluted share from $1.37-$1.42.
Shop leased occupancy reached 92.5% as of June 30, 2025, up 270 basis points from June 30, 2024.
Urban Edge Properties promoted Heather Ohlberg, currently Senior Vice President and Deputy General Counsel, to Executive Vice President, General Counsel and Secretary, effective June 1, 2025. The company also said Robert C. Milton III will step down from the same role effective May 31, 2025, with no disagreements with the company cited as the reason. The filing describes a planned leadership transition in the legal function rather than any change in financial results.
Heather Ohlberg, 45, promoted to Executive Vice President, General Counsel and Secretary, effective June 1, 2025
Robert C. Milton III steps down as General Counsel and Secretary, effective May 31, 2025
Filing states Milton's departure was not related to any disagreement or to financial results, operations, policies or practices
Ohlberg joined the company in January 2025; previously General Counsel of RPT Realty until its acquisition by Kimco Realty in January 2024
Urban Edge Properties reported first-quarter 2025 results, with FFO as Adjusted of $45.9 million, up from $40.8 million a year earlier, and net income attributable to common shareholders of $8.2 million, up from $2.6 million. The company raised its 2025 net income per diluted share guidance to $0.40 to $0.45 from $0.32 to $0.37, while reiterating its FFO and FFO as Adjusted guidance.
FFO as Adjusted was $45.9 million, or $0.35 per diluted share, versus $40.8 million, or $0.33, in Q1 2024
Net income attributable to common shareholders was $8.2 million, or $0.07 per diluted share, versus $2.6 million, or $0.02, a year earlier
2025 net income per diluted share guidance raised to $0.40 to $0.45 from $0.32 to $0.37, including expected gains on dispositions
2025 FFO per diluted share guidance reiterated at $1.36 to $1.41; FFO as Adjusted at $1.37 to $1.42
Urban Edge Properties reported fourth-quarter and full-year 2024 results and gave initial 2025 guidance. FFO as Adjusted per diluted share rose 8% to $1.35 for the year, but GAAP net income fell from 2023, which included a $217.4 million gain on sale of real estate. The board raised the quarterly dividend 12% to $0.19 per share, which matters to shareholders as a direct change in cash payouts.
Q4 2024 net income attributable to common shareholders was $30.1 million, or $0.24 per diluted share, versus $221.2 million, or $1.88, in Q4 2023.
Q4 2024 FFO as Adjusted per diluted share was $0.34, up from $0.31 in Q4 2023.
2025 guidance: FFO as Adjusted of $1.37 to $1.42 per diluted share and net income of $0.32 to $0.37 per diluted share.
Quarterly dividend raised 12% to $0.19 per share, payable March 31, 2025 to holders of record on March 14, 2025.
Urban Edge Properties reported third-quarter 2024 results on October 30, 2024, and raised its full-year 2024 FFO as Adjusted guidance to $1.32 to $1.35 per diluted share from $1.29 to $1.32. Net income attributable to common shareholders fell from the prior-year quarter, which included a $26.7 million gain on debt extinguishment, while FFO as Adjusted per diluted share rose 9%.
Q3 2024 net income attributable to common shareholders was $9.1 million, or $0.07 per diluted share, versus $36.1 million, or $0.31, in Q3 2023.
Q3 2024 FFO as Adjusted was $0.35 per diluted share, up $0.03, or 9%, from $0.32 a year earlier.
2024 FFO as Adjusted guidance was raised to $1.32 to $1.35 per diluted share from $1.29 to $1.32.
On October 29, 2024, the company closed the $126 million acquisition of The Village at Waugh Chapel in Maryland.
Urban Edge Properties reported second-quarter 2024 results on July 31, 2024, with net income attributable to common shareholders of $30.8 million, or $0.26 per diluted share, compared with $10.3 million, or $0.09, a year earlier. The company raised the low end of its full-year 2024 FFO as Adjusted guidance and raised its net income and FFO ranges, which points to higher expected earnings for shareholders.
Q2 2024 FFO per diluted share was $0.47, up from $0.29 in Q2 2023; FFO as Adjusted per diluted share was $0.32, up from $0.30.
Q2 net income included a $21.7 million gain on extinguishment of debt tied to the Kingswood Center foreclosure and a $13.4 million gain on sale of real estate.
Full-year 2024 FFO per diluted share guidance was raised to $1.42 to $1.45 from $1.22 to $1.27.
Full-year FFO as Adjusted per diluted share guidance is now $1.29 to $1.32, up from $1.27 to $1.32, with the low end raised.
Urban Edge Properties entered a new employment agreement with Chairman and CEO Jeffrey S. Olson dated June 28, 2024, replacing his prior agreement. The new term runs to September 1, 2027, with automatic one-year renewals unless either party gives at least 90 days' notice, and the company says his current target compensation is unchanged. For shareholders, the filing sets out the terms of severance and bonus arrangements if his employment ends.
Agreement dated June 28, 2024; initial term extends to September 1, 2027
Base salary of not less than $1,100,000 and target bonus of not less than 110% of base salary
Annual LTIP Unit grant beginning in 2025 with fair value of not less than $4,450,000
Severance equals two times base salary plus target bonus, or three times if a change in control termination applies
Urban Edge Properties reported first-quarter 2024 net income attributable to common shareholders of $2.6 million, or $0.02 per diluted share, compared with a net loss of $19.1 million a year earlier. FFO as Adjusted was $0.33 per diluted share, up from $0.32, and the company raised its full-year 2024 FFO as Adjusted guidance by $0.03 per share at the midpoint to $1.27 to $1.32 per diluted share. For shareholders, the higher guidance points to improved expected core operating earnings for 2024.
Q1 2024 net income attributable to common shareholders was $2.6 million, or $0.02 per diluted share, versus a net loss of $19.1 million in Q1 2023.
Q1 2024 FFO as Adjusted was $0.33 per diluted share, up from $0.32 in Q1 2023; same-property NOI growth was 2.2%.
2024 FFO as Adjusted guidance was raised to $1.27 to $1.32 per diluted share from $1.24 to $1.29.
The company acquired Ledgewood Commons for $83 million on April 5, 2024, and Heritage Square for $34 million on February 8, 2024.
At its May 1, 2024 annual meeting, Urban Edge Properties shareholders elected eight trustees, approved the 2024 Omnibus Share Plan, ratified Deloitte & Touche LLP as the independent auditor for fiscal 2024, and approved executive compensation on a non-binding advisory basis. The plan approval sets the terms of equity awards the company can grant under the new plan, which affects how shareholder ownership may change over time.
The 2024 Omnibus Share Plan passed with 98,188,770 votes for and 4,628,376 against.
All eight trustees, including Jeffrey S. Olson and Katherine M. Sandstrom, were elected to serve until the 2025 annual meeting.
Sandstrom received 8,471,600 votes against, the most against votes of any nominee.
Shareholders ratified Deloitte & Touche LLP with 105,627,388 votes for, out of 106,191,629 shares present or represented.
Urban Edge Properties reported fourth-quarter and full-year 2023 results on February 14, 2024, showing net income attributable to common shareholders of $221.2 million for the quarter versus $13.7 million a year earlier. The company also issued 2024 guidance and raised its quarterly dividend 6.25% to $0.17 per share, which matters to shareholders because it reflects both a sharp rise in reported profit and a higher payout.
Q4 2023 net income attributable to common shareholders was $221.2 million, or $1.88 per diluted share, versus $13.7 million, or $0.12 per diluted share, in Q4 2022.
FY 2023 FFO as Adjusted rose to $1.25 per diluted share from $1.21 in 2022, an increase of 3.3% per share.
2024 guidance projects net income of $0.12 to $0.17 per diluted share, FFO of $1.20 to $1.25 per diluted share, and FFO as Adjusted of $1.24 to $1.29 per diluted share.
Board declared a $0.17 quarterly dividend on February 13, 2024, payable March 29, 2024 to holders of record on March 15, 2024.
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