Highlands REIT, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021 at 02:48 pm EST
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Highlands REIT, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 6.84 million compared to USD 6.26 million a year ago. Revenue was USD 7.12 million compared to USD 6.62 million a year ago. Net loss was USD 1.75 million compared to USD 5.17 million a year ago.
For the nine months, sales was USD 20.5 million compared to USD 20.31 million a year ago. Revenue was USD 21.24 million compared to USD 21.78 million a year ago. Net loss was USD 8.46 million compared to USD 12.52 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
Highlands REIT, Inc. is a self-advised and self-administered real estate investment trust (REIT). The Company owns and manages substantially all of the non-core investment properties. The Company operates through two segments: multi-family and other. The Company's portfolio of investment properties consisted of 13 multi-family, three retail, one office and two industrial properties, one correctional facility and one parcel of unimproved land, which are all located in the United States. The Company's properties include 1620 Central, Buerger Brothers Lofts, Chamber Lofts, Kenilworth Court, Tennyson44, The Detroit and Detroit Terraces, The Lafayette, The Locale, The Muse, The Sterling, Hudson Correctional Facility, Market at Hilliard, The Q Lofts, Sherman Plaza and others.
HIGHLANDS REIT, INC. 
