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, 2018
Slide 1: 3rd Quarter 2018 Investor Presentation
AMERICAN REALTY CAPITAL NEW YORK CITY REIT 3rd Quarter 2018 Investor Presentation
Slide 2: Q3 2018 Highlights
Q3 2018 Highlights New York City REIT continued its strong leasing momentum bringing portfolio occupancy above 90% at the end of the quarter and executing three new leases and two lease renewals Entered into one new lease with Classroom, Inc. at 123 William Street totaling 7,090 square feet − Had
Slide 3: Key Initiatives
Key Initiatives NYCR Continues to Execute its Investment Strategy NYCR’s management team is continuing to focus on its investment objectives to: Strategically market vacancy to increase occupancy levels Maintain the portfolio’s overall quality and an efficient capital structure Position the
Slide 4: New York City Market Trends
New York City Market Trends NYCR continues to be bullish on the long-term fundamentals in the New York City real estate market, particularly in the Manhattan office market NYC Employment Trends (1) Millions NYC Population at Record High(3) Jobs in 000's 9.50 5,000 9.00 4,341 4,414 4,487 4,130 4,255
Slide 5: Portfolio Overview (as of September 30, 2018)
Portfolio Overview (as of September 30, 2018) NYCR’s portfolio of $756 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(1) Portfolio occupancy of 90.3% (
Slide 6: Balance Sheet Summary
Balance Sheet Summary $ amounts in 000’s Consolidated Balance Sheets Q3 2018 Q2 2018 NYCR maintains a conservative Total Real Estate Investments (at Cost) $755,520 $753,677 balance sheet as net leverage Cash 64,061 70,508 stands at 30%(2) Other Assets (1) (47,503) (44,051) Total Assets $772,078 $780
Slide 7: 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 8: Supplemental Information
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 directors app
Slide 9: 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 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 contacts
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 — Q3 2018 Earnings Presentation on 6ix