Northview Residential REIT Reports Q3 2026 Financial Results With FFO Per Unit Growth of 20%, Driven By Same Door NOI Growth and Interest Savings
Globe Newswire•12/11/2026•17:00 ET
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Key Highlights
- ➤FFO per unit excluding insurance proceeds rose 19.6% to $0.61
- ➤Same door NOI increased 4.2%, driven by higher AMR and expense management
- ➤AMR increased 3.6% to $1,557 despite 70-basis-point occupancy decline
- ➤Syndicated facility spread cut 70 basis points; commitment reduced to $200 million
- ➤TTM debt-to-adjusted EBITDA improved to 10.7 times from 11.1 times
Expert Statements
Todd Cook, President and Chief Executive Officer of Northview
“Northview delivered another strong quarter, with FFO growth of 20% supported by lower financing costs, Same door NOI growth and improved commercial occupancy. Our focus on expense management enabled us to partially offset continuing expense pressures, including higher fuel oil prices and property taxes. We are also encouraged by recent positive multi-residential leasing trends.”
Todd Cook, President and Chief Executive Officer of Northview
“Our continued focus on debt management, including the successful renewal of our credit facilities during the quarter has put the REIT in a position to generate interest savings in a rising interest rate environment. These efforts combined with solid operating performance reinforce our financial resilience and continue to deliver strong financial performance,”
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CALGARY, Alberta, Nov. 12, 2026 (GLOBE NEWSWIRE) -- Northview Residential REIT (“Northview” or the “REIT”) (NRR.UN – TSX), today announced financial results for the three and nine months ended September 30, 2026.
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