BSR REIT swings to Q3 2026 net loss of USD 8.09 million year over year
BSRT•BSR REIT reported a Q3 2026 net loss of USD 8.09 million, while non-GAAP FFO fell year over year to USD 7.4 million. AFFO rose 8% sequentially to USD 6.4 million, and 2026 guidance was unchanged.
1. Quarterly results and outlook
BSR REIT’s non-GAAP FFO fell year over year to USD 7.4 million in Q3 2026. Non-GAAP AFFO increased 8% from Q2 to USD 6.4 million, primarily due to lower maintenance capital expenditures and higher FFO. The REIT maintained its 2026 guidance of non-GAAP FFO per unit of USD 0.73–0.77 and AFFO per unit of USD 0.66–0.71. Its units began trading on the New York Stock Exchange under ticker BSRT on October 14, 2026.
