#HAMILTON CROSSING KITE REALTY DRIVER#
The primary driver of KRG's results has been the outstanding leasing demand we're seeing across our portfolio. But suffice to say, we're outperforming both internal and external expectations across the Board. Heath will discuss guidance and provide more details around the components of each metric. Our same-property NOI growth for the quarter was 3.8% and 4.9% year-to-date. As set forth on of our investor presentation, this massive year-over-year accretion is accompanied by meaningful improvements across every metric that historically correlates to earnings multiples.
#HAMILTON CROSSING KITE REALTY FULL#
In fact, one of our core values at KRG is urgency, and we will leverage this mindset to take full advantage of the strong demand for our high-quality real estate.Īs reported yesterday, KRG generated FFO per share of $0.49, beating consensus estimates by $0.06 and representing a 44% increase per share over the comparable period last year. Despite the volatile macro landscape, we refused to get distracted and are attacking the opportunities in front of us with a continued sense of urgency. I'm very pleased to announce that KRG has once again achieved outstanding quarterly results. Thanks very much, Bryan, and good morning to everyone.
On the call with me today from Kite Realty Group are Chairman and Chief Executive Officer, John Kite President and Chief Operating Officer, Tom McGowan Executive Vice President and Chief Financial Officer, Heath Fear Senior Vice President and Chief Accounting Officer, Dave Buell and Senior Vice President, Capital Markets and Investor Relations, Tyler Henshaw.Īll right. Please refer to yesterday's earnings press release available on our website for a reconciliation of these non-GAAP performance measures to our GAAP financial results. Today's remarks also include certain non-GAAP financial measures. For more information about the factors that can adversely affect the company's results, please see our SEC filings, including our most recent Form 10-K. Actual results may differ materially from these statements. Some of today's comments contain forward-looking statements that are based on assumptions of future events and are subject to inherent risks and uncertainties. Welcome to Kite Realty Group's second quarter earnings call. I would now like to turn the call over to your host, Bryan McCarthy, you may begin. Ladies and gentlemen, thank you for standing by, and welcome to the Q2 2022 Kite Realty Group Trust Earnings Conference Call. Tyler Henshaw - SVP, Capital Markets and IR If you are interested in purchasing a house for sale in Cartersville, Georgia, please contact us today.Kite Realty Group Trust ( NYSE: KRG) Q2 2022 Earnings Conference Call Aug1:00 PM ETīryan McCarthy - SVP, Marketing and Communications Houses with basements in Cartersville are available as well as homes with modern updates and fine details.
Newcomers who are seeking a home for sale in Cartersville will discover houses with open-spaced floor plans and generously sized bedrooms with between 1,000-4,000 square feet and three to five bedrooms. Homeowners with children can enroll their kiddos in schools with excellent teachers like Cartersville Primary, elementary, middle, and high schools as well as the Lifesong Montessori School and Georgia Highlands College. Kids are encouraged to join the kids sports program where they can participate in team sports like gymnastics and baseball, or they can go hiking or fishing with family at the Pine Mountain and Youth and Senior classes, respectively. The Bartow History Museum and the Tellus Science Museum are other spaces with fascinating facts and enjoyable showcases. Residents in Cartersville can take their families to interesting exhibits, galleries, and museums like the Booth Western Art Museum which is the largest art museum in the entire state of Georgia and is an affiliate of the Smithsonian Institution. Folks who are interested in purchasing a house for sale in Cartersville will find humility in the city motto, “be charmed, be prosperous, belong.” Today, the city spans about 30 square miles and is populated by over 20,000 people in the 3011 zip-codes. Previously called Birmingham, Cartersville was named honoring Colonel Farish Carter of Milledgeville, and the city became incorporated in 1872. Stay up to date on the Cartersville marketĬartersville is a gorgeous city in Bartow County, of which it is the county seat, in Georgia. See Homes and Condos for Sale in Cartersville on a Map See ALL the Homes and Condos for Sale in Cartersville
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