American Strategic Investment Co. · NYSE:NYC
American Strategic Investment — American Realty Capital New York City REIT — Q3 2018 Earnings Presentation
11 slides from American Strategic Investment's earnings presentation, Dec 4, 2018
Slide 1: American Realty Capital New York City REIT 3rd Quarter 2018 Investor Presentation
AMERICAN REALTY CAPITAL NEW YORK CITY REIT 3 rd Quarter 2018 Investor Presentation
Slide 2: Q3 2018 Highlights
2 Q3 2018 Highlights ▪ Entered into one new lease with Classroom, Inc. at 123 William Street totaling 7,090 square feet − Had the lease commenced during the quarter, it would have increased occupancy at 123 Williams Street as of September 30, 2018 from 94.7% to 96.0% ▪ Entered into two new leases at
Slide 3: Key Initiatives
3 Key Initiatives (1) Based on total mortgage notes payable, gross less cash and cash equivalents divided by total real estate investments at cost as of 9/30/2018. ▪ NYCR’s management team is continuing to focus on its investment objectives to: x Strategically market vacancy to increase occupancy le
Slide 4: Market Trends
4 NYCR continues to be bullish on the long - term fundamentals in the New York City real estate market, particularly in the Manhattan office market New York City Market Trends (1) Source: Bureau of Labor Statistics. (2) Source: Cushman & Wakefield Research, Marketbeat Manhattan Office Q3 2018 (3) So
Slide 5: Portfolio Overview (as of September 30, 2018)
5 Portfolio Overview (as of September 30, 2018) (1) Square feet and occupancy data as of 9/30/2018. (2) Remaining lease term in years as of September 30, 2018, calculated on a weighted - average basis, as applicable.. (3) Mortgage notes payable, gross as of 9/30/2018. ▪ Six properties consisting of
Slide 6: Balance Sheet Summary
6 Balance Sheet Summary $ amounts in 000’s (1) Other Assets includes accumulated depreciation partially offset by, among other items, restricted cash as of 9/30/2018 in the a mount of $5.7M. (2) Based on total mortgage notes payable, gross less cash and cash equivalents divided by total real estate
Slide 7: Management Team
7 Management Team Katie Kurtz Chief Financial Officer and Treasurer ▪ Previously served as chief accounting officer at Carlyle GMS Finance, Inc., The Carlyle Group’s business development company, Director of Finance and Controller for New Mountain Finance Corporation, and Controller at Solar Capital
Slide 8: Supplemental Information
8 Supplemental Information On August 23 , 2018 , the Company’s board of directors unanimously reactivated the SRP for a period commencing August 25 , 2018 and ending on September 24 , 2018 (the “ 2018 Reactivation Period”) . Prior to the end of the third quarter of 2018 , the Company’s board of dire
Slide 9: Important Information
9 Important Information Risk Factors For a discussion of the risks which should be considered in connection with our company, see the section entitled “Item 1 A . Risk Factors” in American Realty Capital New York City REIT, Inc . ’s (the “Company” or “NYCR”) Annual Report on Form 10 - K filed with t
Slide 10: Risk Factors
10 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 1 A . Risk Factors” in the Company’s Annual Repor
Slide 11: NewYorkCityREIT.com
11 NewYorkCityREIT.com ▪ 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 at www.dstvision.com ▪ Shareholders may access their accounts at www.ar - global.com
American Realty Capital New York City REIT — Q3 2018 Earnings Presentation on 6ix