American Strategic Investment Co. · NYSE:NYC
American Strategic Investment — American Realty Capital New York City REIT — Q3 2017 Earnings Presentation
12 slides from American Strategic Investment's earnings presentation, 2017
Slide 1: American Realty Capital New York City REIT 3rd Quarter 2017 Investor Presentation
AMERICAN REALTY CAPITAL NEW YORK CITY REIT 3rd 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”) Annual Report on Form 10-K filed with the U.S. Securities
Slide 3: Q3 2017 Highlights
Q3 2017 Highlights New York City REIT continued its strong leasing momentum with over 76,000 square feet of leasing activity in Q3 2017 Portfolio occupancy increased from 85.5% in Q2 2017 to 87.1% in Q3 2017 NYCR continues to make progress on its leasing campaign at 9 Times Square, entering into
Slide 4: New York City Market Trends
New York City Market Trends (3) NYC Employment Trends(1) Millions NYC Population at Record High Jobs in 000's 9.50 4,600 9.00 4,341 4,378 8.50 4,400 4,255 8.82 4,130 8.00 8.55 4,200 8.18 3,999 7.50 8.01 4,000 3,905 7.00 3,761 3,812 3,712 3,730 3,818 7.07 7.32 3,800 3,684 6.50 3,600 6.00 5.50 3,400 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 sale or liq
Slide 6: Portfolio Overview
Portfolio Overview NYCR’s portfolio of $750 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 87.1% occupancy as of 9/30/2017 Weighted average remaining lease term of 6.
Slide 7: Balance Sheet Summary
Balance Sheet Summary $ amounts in 000’s Q2 2017 Q3 2017 Total Real Estate Investments (at Cost) $748,107 $750,802 Cash (1) 43,538 30,471 (2) Other Assets (5,271) (6,004) Total Assets $786,374 $775,269 Mortgage Note Payable, net of deferred financing costs 233,204 233,361 31% debt/cost Other Liabili
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: Consistent Distributions
Consistent Distributions Since Inception, American Realty Capital New York City REIT, Inc. $4.99 per share has paid out $4.99 per share of regular distributions in cash and (cumulative) (1) distributions reinvested in the DRIP. $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 $- (1) Totals as of each period pres
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: Risk Factors (Continued)
Risk Factors (Continued) Because investment opportunities that are suitable for us may also be suitable for other AR Global-advised programs or investors, our Advisor and its affiliates may face conflicts of interest relating to the purchase of properties and other investments and such conflicts m
Slide 12: Account information and contact
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 12
American Realty Capital New York City REIT — Q3 2017 Earnings Presentation on 6ix