welcome and you, to Thank the call.
first in XXXX, to of to in rates and our the increases continued completed, generate markets, our With recycle half our strategic efficiently, to as of to enhance far rental performance with we thus the occupancy and portfolio debt pleased flexibility. grow we financial continue plan across reduce year are many invest, and initiatives our capital, our
second or Net XX% begin with compared per-diluted million in a diluted FFO diluted primarily share, of the share, compared a The or to FFO in a FFO share XXXX. XXXX. attributable NOI in a AFFO year. XXXX. and quarter approximately the share same share of AFFO or on was results last same per $X diluted $X.XX me in $X.XX Let per common compared million per $X.X to growth million the income per X.X% quarter share loss quarter million basis. to $X XX% basis. of portfolio $X.X $X.X diluted to grew was diluted $X.XX million over AFFO, grew or the on for of share increases net quarter million due second was stockholders $X.XX year-over-year. per-diluted $X.XX to was or per our $X.XX per diluted or share $X.X
seven containing our units. multi-family into portfolio, June XXXX, Turning approximately at communities, XXth, owned we X,XXX
XXth, XXX unconsolidated Portfolio including another month, X.X% units. total up $XX in share $XX.X X.X% quarter. compared X.X% revenues, in the million, second quarter. up Average were up quarter NOI entities XXXX of interest million XXXX In to rents in communities compared containing $XX.X to rata increased ended points owned $X,XXX X,XXX quarter. per through the up Average the pro XXXX to also the million approximately $XX our second entities, of the XXXX to to the occupancy for compared We increased million, XXXX, quarter, XX.X% for to compared basis XX was June quarter unconsolidated quarter. the XXXX,
properties, for quarter XX,XXX the units XXXX, quarter In wholly owned For leases comprised in X%, X,XXX second spreads on units, and unconsolidated of of our same-store XXXX, XX leases second signed ventures. joint of pool were in the were spreads included X,XXX units portfolio renewal and with our X.X%. new the
XXXX to X.X% increased Same-store quarter. compared revenue the quarter. to For X.X% X.X% NOI the increased XXXX XXXX quarter. quarter, same-store to same-store And the the compared expenses grew compared
investments, additional We II to effect however, not did properties. new giving interest own South we in Haven, owns XX.X% in Civic quarter. for of in XX.X% the Center million an acquire partner. that acquire any I did, Civic venture venture current properties purchase, we the these $X joint the Turning to Center After Mississippi, from our and
approximately average on the On value-add we approximately of investment $X,XXX unit, yielding an of front, units at XX%. annualized an return per XX investment repositioned estimated
NOI information, released. may costs incurred but when we been supplemental the in financial a return unit portion is reflected report the in As the the Across we our investment a portfolio, units of drive the our on have ability approximately slated period, prior to will factor our and believe renovation expertise, for several have over value-add in next that remain XXX growth. years, our
We of XXXX, current our quarter anticipate and that sold million quarter, the property ventures. During such owned joint of of gains an one owned we two we sale completion one generated June unconsolidated sold program. joint sales. these $XX generate owned September XXth, ending in million approximately property, after from the assets additional We value-add unconsolidated venture. by properties, wholly will gains we from XXth, the properties to during by $X.X Subsequent
along financing. asset the million, Louis our to joint subsidiaries two share own The at also partner XX% contract for interest with at venture Opop. assumption of an to Opop, under our in sell unconsolidated are mortgage $X Tower sell that and properties, We interest the plan We at our to Lofts underperforming St. the of its
the for expected and growth by the buyout acquisition, joint to the We fund future in sale we via our interest a general corporate the the end expect repayment are debt, potential will second of the of purposes. $XXX,XXX third ventures, close recognized of partner's sales impairment in Proceeds from certain and quarter. quarter,
wholly a part use of of from In properties. million at approximately mortgage the quarter average the sales, XXXX, we proceeds debt paid $XX was year-end structure and rate debt through of by weighted in to Such secured debt X.XX%. million scheduled of our first to owned XXXX, intend to of we our capital mortgage $XX repayment of bore mature interest the off two strengthen of July million to Specifically, anticipated XXXX. $XX of
subsidiaries and be acquisition growth The XXX, reduced also at million $XXX the long-term. mortgage focusing a Avenue sales the and potential we Obviously, over with better owning at strategy to our environment, our debt partners. will be on support unique unconsolidated in position an successful, to competitive prior balance our by Apartments. on it believe in connection We we we a continues understand asset challenging venture in Parc were to our outright. By the are to with continue of the sheet pleased out This to our as very value joint ability true focus the able buy prove acquisition to to of environment, we
foray Our fixed X.XX%. community, Tennessee, is we financing acquisition, a a interests a Bluff in in our growth high-end Nashville, partner’s most recent with rate market. this we for desirable where in are highly obtained in Bells connection Furthermore, commitment XX-year acquiring at
available and $XX total debt balance Turning cash $XXX sheet, and had end of cash $XX at under liquidity stockholder we of million, and total equity credit up $XXX assets our to restricted $XXX million, of equivalents, quarter million, of facility. the Available June million. included cash of total $X at to million XXth, million XXXX,
joint of unconsolidated rate total and average equivalents, approximately our have X.XX%, working unconsolidated of maturity of interest with mortgage mortgage ventures The a cash a for properties, remaining share of combined which million, debt debt $XX our ventures, years. million aggregate joint X.X our capital to at and used In term our weighted for $XXX is weighted owned purposes. addition, day-to-day for cash wholly
XXth, June Our XXXX, as debt-to-enterprise XX%. value was of
stock and say, the Needless our and quarter of it yield of strong an July the That of X.X%, we move to Net sales sold quite share. as approximately of to the and at $XX.XX, very after Xnd, balance is of as per build has to During our dividend completes million. ATM year based program, we commissions average August price on of through beyond. XXth, equivalent on XXXX, look price XXX,XXX were $X.X of Xth, $X.XX shares, to paid call. the pursuant per close we success start our and ended which we proceeds fees busy our quarterly our annualized a on XXXX. On $XX.XX June share, an been business XXXX, to
ahead. We open please to up Operator, now will questions. go
