NexLiving Communities Reports Record Q3 2025 Results and Declares Quarterly Dividend

About this update from Nexliving Communities Inc

[{"type":"text","content":"NexLiving Communities Reports Record Q3 2025 Results and Declares Quarterly Dividend\n\n\n\n HALIFAX, Nova Scotia, Nov. 14, 2025 (GLOBE NEWSWIRE) -- NexLiving Communities Inc. (“NexLiving” or the “Company”) announced operating and financial results for the three-month and nine-month periods ended September 30, 2025.\n \n\n Stavro Stathonikos, President & CEO commented: “2025 has so far been a year of strong execution producing a milestone quarter for NexLiving. Q3 FFO per share was the highest ever, having increased +30% year-over-year, driven by both operational improvements and acquisition growth. In late Q2 we brought management of our Saint John portfolio in-house, resulting in a +13% increase in same-property NOI. Our recent Winnipeg acquisition is already contributing to FFO, and as construction progresses on our five-phase Ottawa townhome project, we expect to exercise our cashless option and add high-quality assets that will further drive growth in NOI and FFO per share.”\n \n\n\n\n Summary of Results:\n \n\n\n\n\n Net operating income (“NOI”) increased by +52% to $5.3 million for the three-month period and +65% for the nine-month period ended September 30, 2025.\n \n\n Same property NOI increased +4.5%, driven by a +3.1% increase in revenue and offset by a +1.1% rise in expenses for the three-month period ended September 30, 2025.\n \n\n Funds from operations (“FFO”) increased +92% to $2.2 million and fully diluted FFO per share increased +30% to $0.07 for the three-month period ended September 30, 2025.\n \n\n\n\n\n\n\n\n\n Q3 2025 Operating and Financial Highlights:\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n As at\n \n\n\n\n 30-Sep-25\n \n\n\n\n 31-Dec-24\n \n\n\n\n\n\n\n\n\n Change\n \n\n\n\n\n Number of suites\n \n\n\n\n 2,083\n \n\n\n\n\n 1,998\n \n\n\n\n 85\n \n\n\n\n\n Occupancy\n \n\n\n\n 95.6%\n \n\n\n\n\n 96.4%\n \n\n\n\n (80) bps\n \n\n\n\n Net Debt to GBV*\n \n\n\n\n 68.2%\n \n\n\n\n\n 67.7%\n \n\n\n\n 50 bps\n \n\n\n\n Weighted average term to debt maturity (years)\n \n\n\n\n 3.8\n \n\n\n\n\n 4.2\n \n\n\n\n (0.4) yrs\n \n\n\n\n Weighted average contractual interest rate\n \n\n\n\n 3.11%\n \n\n\n\n\n 3.17%\n \n\n\n\n (6) bps\n \n\n\n\n Net asset value\n \n\n\n\n 145,745,616\n \n\n\n\n\n 136,225,487\n \n\n\n\n 7.0\n \n\n %\n \n\n\n\n Ne...

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