Empire State Realty Trust, Inc. 8K

Empire State Realty Trust reported Q2 2026 results with a goodwill-driven net loss, meaningful asset recycling and land acquisitions, new long-dated financing, and a reduced 2026 Core FFO guidance range reflecting lower expected Observation Deck NOI.

On July 29, 2026, Empire State Realty Trust, Inc. reported its second quarter 2026 results, disclosing a net loss of $0.15 per diluted share driven primarily by a $166.1 million non-cash goodwill impairment charge related to its Observatory reporting unit, partially offset by a $124.6 million gain on the $275 million disposition of 250 West 57th Street (with $180 million of mortgage debt assumed by the buyer) and $5.5 million of one-time severance costs, while generating Core FFO of $0.21 per share, completing the $110 million acquisition of the land under 111 West 33rd Street and 1400 Broadway, securing a $245 million unsecured delayed draw term loan maturing in 2032, and revising full-year 2026 Core FFO guidance downward to a range of $0.75–$0.79 per share based on a reduced $55 million NOI assumption for the Observation Deck amid continued demand weakness.

Filing Facts

CIK

1541401

Ticker

-

Form

8K

Source Type

sec

Accession

0001541401-26-000030

Alert Tier

7