Strategic Realty Trust, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 06, 2021 at 02:00 pm
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Strategic Realty Trust, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced operating loss was USD 1.481 million compared to USD 524,000 a year ago. Net loss was USD 1.038 million compared to USD 514,000 a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.05 a year ago. For the half year, operating loss was USD 2.352 million compared to USD 1.046 million a year ago. Net loss was USD 1.892 million compared to USD 97,000 a year ago. Basic loss per share from continuing operations was USD 0.18 compared to USD 0.01 a year ago.
Strategic Realty Trust, Inc. is a real estate investment trust (REIT). The Company invests in and manages a portfolio of income-producing retail properties located in the United States. The Companyâs business is conducted through Strategic Realty Operating Partnership, L.P. It owns substantially all of its assets and conducts its operations through its operating partnership, of which it is the sole general partner. Its property portfolio includes six retail properties, comprising an aggregate of approximately 27,000 square feet of multi-tenant, commercial retail space located in California. Its properties include 400 Grove Street, 8 Octavia Street, Fulton Shops, 450 Hayes, 388 Fulton and Silver Lake.
STRATEGIC REALTY TRUST, INC. 
