American Strategic Investment Co. · NYSE:NYC
American Strategic Investment — American Realty Capital New York City REIT — Q4 2017 Earnings Presentation
11 slides from American Strategic Investment's earnings presentation, 2018
Slide 1: 4th Quarter 2017 Investor Presentation
AMERICAN REALTY CAPITAL NEW YORK CITY REIT 4th Quarter 2017 Investor Presentation
Slide 2: Important Information
Important Information Risk Factors For a discussion of the risks which should be considered in connection with our company, see the section entitled “Item 1A. Risk Factors” in American Realty Capital New York City REIT, Inc.’s (the “Company” or “NYCR”) Annual Report on Form 10-K filed with the U.S.
Slide 3: Q4 2017 Highlights
Q4 2017 Highlights New York City REIT continued its strong leasing momentum with 25,668 square feet of leasing activity in Q4 2017, increasing NYCR’s total leased square feet to 958,351 Portfolio occupancy increased from 87.1% in Q3 2017 to 88.3% in Q4 2017 NYCR entered into one new lease with K
Slide 4: New York City Market Trends
New York City Market Trends NYC Employment Trends(1) Millions NYC Population at Record High(3) Jobs in 000's 9.50 4,600 9.00 4,427 4,346 8.50 8.82 4,400 4,255 8.00 8.55 4,200 4,130 8.24 3,999 7.50 8.01 4,000 3,905 7.00 3,761 3,812 3,712 3,731 3,818 7.07 7.32 3,800 3,684 6.50 3,600 6.00 3,400 5.50 5.
Slide 5: Key Initiatives
Key Initiatives NYCR Continues to Execute its Strategy NYCR’s management team is continuing to execute its strategy to: Strategically market vacancy to increase occupancy levels Maintain the portfolio’s overall quality and an efficient capital structure Position the Company for a liquidity e
Slide 6: Portfolio Overview
Portfolio Overview NYCR’s portfolio of $754 million in real estate assets is concentrated in 6 mixed-use office and retail condominium buildings located in New York City 6 properties consisting of 1,085,084 square feet 88.3% occupancy as of 12/31/2017 Weighted average remaining lease term of 6
Slide 7: Balance Sheet Summary
Balance Sheet Summary $ amounts in 000’s Q4 2017 Q3 2017 Total Real Estate Investments (at Cost) $753,793 $750,802 Cash 39,598 30,471 Other Assets (1) (32,941) (6,004) Total Assets $760,450 $775,269 Mortgage Note Payable, net of deferred financing costs $233,517 $233,361 31% debt/cost ratio (2) Othe
Slide 8: Management Team
Management Team Michael Weil Chief Executive Officer, President and Chairman of the Board of Directors Founding partner of AR Global Previously served as Senior VP of sales and leasing for American Financial Realty Trust (AFRT) Served as president of the Board of Directors of the Real Estate I
Slide 9: Supplemental Information
Supplemental Information On February 27, 2018, the board of directors of American Realty Capital New York CITY REIT unanimously authorized a suspension of distributions The suspension of distributions the Company pays to holders of common stock is effective as of March 1, 2018. The Board has sus
Slide 10: Risk Factors
Risk Factors There are risks associated with an investment in our Company. The following is a summary of some of these risks. For a discussion of the risks which should be considered in connection with our Company, see the section entitled “Item 1A. Risk Factors” in the Company’s Annual Report on Fo
Slide 11: For account information, including balances and the status of submitted paperwork, please call
For account information, including balances and the status of submitted paperwork, please call us at (866) 902-0063 Financial Advisors may view client accounts, statements and tax forms NewYorkCityREIT.com at www.dstvision.com Shareholders may access their accounts at www.ar-global.com 11
American Realty Capital New York City REIT — Q4 2017 Earnings Presentation on 6ix