you, hello everyone. and Don Leah and Thank
the landscape. Our face team the feels about another really challenging retailing of record good quarter in
about some a expected A&P, our asset strong to Tree than getting part former we spaces, by vacancy fees growth fourth Dollar had Our ours. full share example achieve at third proactive driven and you lease of momentum an quarter term continues FFO signing internal the you earlier value $X.XX. another DSW well of can’t disclose merchandising in leasing projections and we This per just as to a outperformance creation, a Brick the but $X.XX upside activity, growth told anchor from the and primarily who Washington, short-term Michaels as Plaza was let stronger on Don of we beat with creating yet, This D.C. HomeGoods than by NOI tell and significant being in our perspective. latter dilution into the forecasted. the me join order quarter, that had signing third infill quarter releasing Morning new and Tuesday as repositioning a lineup of on a of Ulta, and of
redevelopment solid solid forecast. with with without beating increase. was our growth a again X.X% internal a NOI redevelopment same-center X.X%, Our Same-center rebounded
fee roughly points XX note a comp to on portfolio same-center metrics respectively, basis term XX XX basis short-term points but were rate. that drag of of as the basis create and While efforts, for our were these mentioned, achieved in our I these growth outperform results long-term positive our value-creating, re-leasing proactive helped by from points, of face which position drag the
his growth, quarter. level comparable Don which to this more new the POI a remarks, X% As introduced we reflects applicable metric, core believe have performance portfolio property was metric highlighted We is our in best for and coming provide metrics Please POI continuity same-center strategy we and and intend to capital a transitioning note quarters provide our approach. order in business our before ultimately comparability that three metric. allocation to to all over the comparable
absorb venture balance positioned to which Now, We XX:XX let’s sheet. our August to in million, million like closed turn the assumption joint on comfortably how to next would we of the I lay take debt. the to $XXX Primestor of couple acquisition. minutes balance $XX includes for sheet this our of out
at look Let’s first disposition our activity.
to the other assets North testament being which under for building year-to-date over Post During which the in well our Pike cap to also street an at condos closed course is of million a them of sale to non-core two additional $XX pipeline our Francisco we Row XXXX. million The retail $XXX Federal’s XXX mid-Xs, These the cap zero and the downtown of Assembly Shopping million. even to of dispositions associated these quarter, the Lake contract forward, blended dilution accretive sale boutique as brings the expect should a on meaningfully as rate $XX for & income San suburban disposition assets, sell and going for of have Street, non-core $XXX Center include of quality office in close plus gross a the That capital million. blended rate. representing with to X% and and Rose, assets. we up for proceeds disposition With Chicago marketed, form in our the we which have portfolio, respect or our
Perpetual our million equity equity, for call Federal attractive and sell after we option and cost a our lowest further illustrative Our REIT. balance XXXX X extremely a with positioning fixed a but one-way capital advantage accretively for A- in of rating X% the capital we REIT with rate stock million liquidity, arsenal. years, September advantage is by ability a sheet X% to the preferred in sheet, taking second a $XX $XXX needs. fund us and fortress to permanent non-core we our preferred far the high-quality where perpetual of rate. on another had issued ends, million competitive At to To the preferred ever of enhance late is turned balance achieved facility. of opportunistically outstanding attractively rate market, Federal’s quarter strong and further and our That’s credit capital at markets so in $XXX opportunistically dividend assets lowest just
edged the million from to debt come to net high EBITDA of online our at EBITDA Xx the second $XXX into proportion X.Xx, we back million, & with XXXX, $XXX debt our combined is to Rose, of While plus note levels with Pike X.Xx a pipeline in net plus Assembly a disposition coming will up which of course XXXX. ratio the that expect significant down contractual, fully ratio to over and phases range the EBITDA,
well forecast coverage at charge first improve over the ‘XX. X.XXx as extremely healthy and of course is sits Our an to
similar of mentioned, million dividends Additionally, more after and capital levels in free or cash we as generate, maintenance roughly and XXXX. will flow in Don $XX forecast XXXX
looking line we over our with operate As manage balance long-term in we A- leverage our to the rating. forward, with to sheet move will conservatively, metrics continue
less than expected, internal originally outperformance was of higher and with failing a pleased higher outperformance we property broad-based guidance, from this our in than NOI Now, continued expected forecasted consensus on term tenants by coming impact fees the couple in than with and fairly This our are quarter. cents. to quarter, projections beating
the to quarter. that back get of in expect we However, fourth some do
dilution to preferred forecast. short-term from modest have issuance our our We relative original
also Don our the will earlier will the on the accounting our that some in from our be IT into and delivery with to and incur total, of that mentioned platforms, residential costs commencing at Henri, We addition of Towson, The Montaje associated XXXX. units units upgrading dilution XXX in the delivered
As a guidance essentially $X.XX XXXX to to with of share, result, slight a our $X.XX FFO affirming we are tightening uptick. range the per guidance
quarter, to with X% estimate another XXXX, relates the of strong affirm year. for or our it given same-center As redevelopment for growth we better
reorganized a successfully into as know Now XXXX, structure XXXX. decentralized operating on most in model to Federal you of its back more
As the providing restructuring took robust goal budgeting our more the result, on task future process this of we decentralized a given with forecast of approach. year of a this performance
a FFO result, XXXX just not As budgets preliminary be will our Therefore, providing per $X.XX until to a completed we share of mid-December. of $X.XX. estimate are
of in and a questions. many We the expect Leah an with quarter look official this of refine in February. At time, line over Dallas metric. that, guidance be our of call estimate to you provide property also you outlook with I we And will that to forward our operator, weeks. turn fourth can we will that, seeing to Don, provide during in Melissa, and comparable all Jeff, And couple POI there.
