Highlands Reit, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 14, 2021 at 12:43 am IST
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Highlands REIT, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 7.007 million compared to USD 9.286 million a year ago. Operating loss was USD 3.588 million compared to USD 2.335 million a year ago. Net loss was USD 4.678 million compared to USD 3.201 million a year ago. Basic loss per share from continuing operations was USD 0.01.
Highlands REIT, Inc. is a self-advised and self-administered real estate investment trust (REIT). The Company owns and manages substantially all of the non-core investment properties. The Company operates through two segments: multi-family and other. The Company's portfolio of investment properties consisted of 13 multi-family, three retail, one office and two industrial properties, one correctional facility and one parcel of unimproved land, which are all located in the United States. The Company's properties include 1620 Central, Buerger Brothers Lofts, Chamber Lofts, Kenilworth Court, Tennyson44, The Detroit and Detroit Terraces, The Lafayette, The Locale, The Muse, The Sterling, Hudson Correctional Facility, Market at Hilliard, The Q Lofts, Sherman Plaza and others.
HIGHLANDS REIT, INC. 
