---
title: "Curbline Properties reports Q2 2026: Net income $6.9M, OFFO $33.3M, $374M acquisitions"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294052979.md"
description: "Curbline Properties reported Q2 2026 net income of $6.9M and OFFO of $33.3M, with $374.1M in acquisitions. The company raised its 2026 OFFO guidance to $1.24–$1.26 per diluted share. Year-to-date acquisitions totaled $563.7M across 48 properties. Portfolio metrics showed a 96.5% lease rate and 2.1% SPNOI growth. Capital markets activities included generating $186.5M via ATM sales."
datetime: "2026-07-28T10:53:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294052979.md)
  - [en](https://longbridge.com/en/news/294052979.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294052979.md)
generator: "portal-rs"
---

# Curbline Properties reports Q2 2026: Net income $6.9M, OFFO $33.3M, $374M acquisitions

**Curbline Properties** reported second-quarter 2026 net income attributable to the company of $6.9 million ($0.06 diluted) and operating funds from operations (Operating FFO or OFFO) of $33.3 million ($0.31 diluted). For the six months ended June 30, 2026, net income attributable to the company was $10.5 million ($0.10 diluted) and OFFO was $63.3 million ($0.59 diluted). The company completed $374.1 million of acquisitions in Q2 and increased 2026 OFFO guidance to $1.24–$1.26 per diluted share.

**Financial Highlights**

-   Revenue (rental income) for 2Q26: $63.077 million; rental and other property revenues total $63.296 million for the quarter.
-   Net income attributable to Curbline for 2Q26: $6.910 million, or $0.06 per diluted share; six months ended June 30, 2026 net income attributable: $10.473 million, or $0.10 diluted.
-   Operating FFO (OFFO) for 2Q26: $33.333 million ($0.31 per diluted share); OFFO for 6M26: $63.279 million ($0.59 per diluted share).
-   Depreciation and amortization (2Q26): $26.464 million; interest expense (2Q26): $8.372 million; interest income (2Q26): $1.477 million.
-   Updated FY2026 guidance: net income attributable $0.27–$0.32 per diluted share; Operating FFO $1.24–$1.26 per diluted share.

**Business Highlights**

-   Acquisition activity: Acquired 30 convenience shopping centers in Q2 for aggregate purchase price of $374.1 million; year-to-date 2026 acquisitions total 48 properties for $563.7 million and 1,020 properties/Gross figures shown in supplement reflect $563.7 million YTD.
-   Capital markets activity: Sold shares on a forward basis generating expected gross proceeds of $186.5 million (ATM) in Q2 and conducted a forward offering in June expected to generate $354.8 million; settled 8.4 million forward shares for net proceeds of $199.8 million.
-   Balance sheet and liquidity: As of June 30, 2026, the company reported $154.7 million of cash and $696.2 million of expected gross proceeds from unsettled forward equity sales (combined cash and capital commitments of $850.9 million for future acquisitions, adjusted for forward equity sales).
-   Portfolio & operating metrics: Portfolio at June 30, 2026 comprised 220 properties (total GLA 5,745k sq ft), leased rate 96.5%, commenced rate 94.3%; same-property net operating income (SPNOI) rose 2.1% for the six months ended June 30, 2026 versus prior year.
-   Leasing and tenant performance: Trailing twelve-month cash new leasing spreads 20.2% and cash renewal leasing spreads 7.4%; signed-not-opened (SNO) spread of 220 basis points representing $7.6 million of annualized base rent; TTM leasing GLA totaled 521k.

Original SEC Filing: Curbline Properties Corp. \[ CURB \] - 8-K - Jul. 28, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**