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American Strategic Investment Co - NYC STOCK NEWS

Welcome to our dedicated news page for American Strategic Investment Co (Ticker: NYC), a resource for investors and traders seeking the latest updates and insights on American Strategic Investment Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Strategic Investment Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Strategic Investment Co's position in the market.

Rhea-AI Summary
American Strategic Investment Co. (NYSE: NYC) is set to release its first-quarter financial results on May 10, 2024. The company will host a webcast and conference call to discuss the results and business performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
-
Rhea-AI Summary
American Strategic Investment Co. (NYSE: NYC) reported its financial results for Q4 2023 and full-year 2023. Revenue for Q4 was $15.4 million, with a net loss of $73.9 million. Full-year revenue was $62.7 million, with a net loss of $105.9 million. The CEO highlighted a 86.7% portfolio occupancy and new leasing activity. The company's debt structure is fixed-rate with a 4.4% interest rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.28%
Tags
-
Rhea-AI Summary
American Strategic Investment Co. (NYSE: NYC) will release its financial results for the fourth quarter and year ended December 31, 2023, on April 1, 2024. A conference call and webcast will follow on April 2, 2024, to discuss the results and business performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
Rhea-AI Summary
American Strategic Investment Co. (NYSE: NYC) announces changes to its Board of Directors, with Abby Wenzel resigning and Nicholas Radesca appointed as an independent director. Radesca's extensive experience in board memberships and executive roles brings value to the company. CEO Michael Anderson expresses gratitude for Wenzel's leadership and welcomes Radesca's contributions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Tags
management
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Rhea-AI Summary
NYSE: NYC - American Strategic Investment Co. announced its financial results for Q3 2023, showing a 18% increase in Adjusted EBITDA, 4.9% growth in Cash NOI, and improved Core FFO. The company's portfolio occupancy was 85% with 6.6 years weighted-average lease term. CEO Michael Anderson highlighted the positive leasing and tenant retention results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
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Rhea-AI Summary
Bellevue Capital Partners, LLC has announced the final results of its tender offer to purchase American Strategic Investment Co. (ASIC) common stock. A total of 223,460 shares were properly tendered and not withdrawn, representing approximately 9.6% of ASIC's shares outstanding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.34%
Tags
none
Rhea-AI Summary
American Strategic Investment Co. to release Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
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Rhea-AI Summary
American Strategic Investment Co. completes sale of property, generating $4.2 million in cash proceeds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.18%
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none
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Rhea-AI Summary
American Strategic Investment Co. files Solicitation/Recommendation Statement on Schedule 14D-9 regarding tender offer by Bellevue Capital Partners
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
none
Rhea-AI Summary
Bellevue Capital Partners offers to purchase up to 350,000 shares of ASIC common stock at a price of $10.25 per share, representing a 64.8% premium to the recent closing price. Bellevue expresses confidence in ASIC's portfolio and underlying assets, as well as its expanded investment strategy. The offer reflects Bellevue's belief in the long-term performance of ASIC and its assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
28.62%
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none
American Strategic Investment Co

NYSE:NYC

NYC Rankings

NYC Stock Data

15.30M
1.88M
53.98%
1.39%
0.31%
Lessors of Nonresidential Buildings (except Miniwarehouses)
Real Estate and Rental and Leasing
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New York