This roundup collects recently reported earnings and guidance from North American commercial real estate companies.
* BRT Apartments Corp. disclosed fiscal third-quarter funds from operations of $2.6 million, or 19 cents per share, an increase of 46.4% in the aggregate from $1.8 million, or 13 cents per share, in the 2016 third quarter.
Adjusted FFO for the quarter rose 43.5% on an annual basis to $3.3 million, or 23 cents per share, from $2.3 million, or 17 cents per share.
* Marcus & Millichap Inc. reported net income for the second quarter of $15.6 million, or 40 cents per share, an 11.2% decline in the aggregate from $17.5 million, or 45 cents per share, in the 2016 second quarter.
Adjusted EBITDA for the quarter declined 9.7% to $28.7 million from $31.8 million.
* Colony NorthStar Inc. reported second-quarter FFO attributable to common interests in operating company and common stockholders of $130.0 million, or 22 cents per share.
Core FFO attributable to common interests in operating company and common stockholders for the second quarter totaled $203.6 million, or 34 cents per share.
The S&P Capital IQ consensus FFO-per-share estimate for the quarter was 36 cents, with three analysts reporting.
Additional coverage
MedEquities Realty reaffirms FY'17 guidance
Pennsylvania REIT revises FY'17 funds from operations outlook