American Strategic Investment Co. · NYSE:NYC
American Strategic Investment — American Realty Capital New York City REIT — Q1 2018 Earnings Presentation
11 slides from American Strategic Investment's earnings presentation, 2018
Slide 1: 1st Quarter 2018 Investor Presentation
AMERICAN REALTY CAPITAL NEW YORK CITY REIT 1st Quarter 2018 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: Q1 2018 Highlights
Q1 2018 Highlights New York City REIT continued its strong leasing momentum with nearly 35 thousand square feet of leases executed during Q1 2018 NYCR entered into one new lease with CSC/Universal Sports & Entertainment at 9 Times Square totaling 8,780 square feet The new lease was signed in Q1
Slide 4: New York City Market Trends
New York City Market Trends NYC Employment Trends (1) NYC Population at Record High(3) Jobs in 000's Millions 9.50 5,000 4,482 4,255 4,341 4,414 9.00 3,905 3,999 4,130 4,000 3,684 3,761 3,812 3,712 3,730 3,818 8.50 8.82 8.00 8.55 3,000 8.24 7.50 8.01 2,000 7.00 7.32 6.50 7.07 1,000 6.00 5.50 0 5.00
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 $753 million of real estate investments at cost is concentrated in six mixed-use office and retail condominium buildings located in New York City Six properties consisting of 1,085,084 square feet 88.0% occupancy as of 3/31/2018 Weighted average remaining
Slide 7: Balance Sheet Summary
Balance Sheet Summary $ amounts in 000’s Q1 2018 Q4 2017 Total Real Estate Investments (at Cost) $752,909 $753,793 Cash 26,935 39,598 Other Assets (1) (38,126) (32,941) Total Assets $741,718 $760,450 Mortgage Note Payable, net of deferred financing costs $233,570 $233,517 31% debt/cost ratio (2) Oth
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 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 suspended distributions to enhance the Company’s a
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: 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 11
American Realty Capital New York City REIT — Q1 2018 Earnings Presentation on 6ix