FG Communities Holdings Announces Third Quarter 2026 Financial Results and Provides Update on Execution of Real Estate Strategy
Key Highlights
- ➤$35.1 million cash and $55.3 million stockholders’ equity at September 30
- ➤$10.0 million invested in separately operated FG Communities, Inc.
- ➤$22.8 million common stock repurchased through nine months; cumulative repurchases reached 48%
- ➤October acquisitions added 78 manufactured-housing homesites across Garner and Mars Hill, North Carolina
- ➤Q3 net loss narrowed to $355,000 from $3.4 million year over year
Expert Statements
Kyle Cerminara, Chairman and Chief Executive Officer of FG Communities Holdings
“We made meaningful progress during the third quarter as we continued repositioning FG Communities Holdings around our long-term real estate strategy”
Kyle Cerminara, Chairman and Chief Executive Officer of FG Communities Holdings
“We ended the quarter with $35.1 million in cash, and in October we completed our first two manufactured housing acquisitions. Our focus remains on acquiring quality, income-producing properties.”
Company Invests $10 Million in FG Communities, Inc., Completes First Two Direct Manufactured Housing Acquisitions and Ends Third Quarter with $35.1 Million in Cash
CHARLOTTE, N.C., Nov. 11, 2026 (GLOBE NEWSWIRE) -- FG Communities Holdings Inc. (Nasdaq: FGC, FGCPP) (formerly FG Nexus Inc.) (the “Company”), a company focused on acquiring and operating income-producing real estate, with an emphasis on manufactured housing communities, announced the filing of its Quarterly Report on Form 10-Q for the third quarter ended September 30, 2026 with the Securities and Exchange Commission, and provided an update on execution of its real estate strategy and its share repurchase program.
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