Strategic Realty Trust, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 26, 2021 at 09:10 pm
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Strategic Realty Trust, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced operating loss was USD 16.410 million compared to USD 1.298 million a year ago. Net loss was USD 15.200 million compared to net income of USD 135,000 a year ago. Basic loss per share from continuing operations was USD 1.41 compared to basic earnings per share from continuing operations of 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. 
