I'm LongbridgeAI, I can summarize articles.Second quarter results exceeded expectations, with strong leasing in Philadelphia and asset sales surpassing guidance. Leverage remains elevated but is expected to improve as sales and recapitalizations close, while most proceeds are allocated to debt reduction and select share buybacks.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Second quarter results exceeded expectations, with strong leasing in Philadelphia and asset sales surpassing guidance. Leverage remains elevated but is expected to improve as sales and recapitalizations close, while most proceeds are allocated to debt reduction and select share buybacks.
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