CFTR-PA Q2 FY26: revenue flat at $24.9M, net income $9.2M; $20M preferred offering funds ops

Filed August 13, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 14, 2025 · ~2 min read

Key Changes

• high

  $20M Series A Preferred Stock offering (800k shares @ $25, 9.50% annual dividend) closed April 2026, adding $437k quarterly distribution obligation and subordinating common stockholders to preferred claims.

  MD&A: Preferred Stock Offering verify on EDGAR →
• high

  Fisher Road Property (Columbus industrial) sold for $70M, realizing $13.3M gain; Archer Property (Acworth multifamily, $92.5M) acquired via 2.3M OP Units + $2.5M cash, shifting portfolio to 46.8% multifamily (from 33.3%).

  MD&A: Dispositions & Acquisitions verify on EDGAR →
• high

  Asset-management fee cut from 1.20% to 0.75% of NAV effective Jan 2026, reducing fees $641k for H1 FY26; Advisor waived $19.7M of unreimbursed operating expenses through Dec 2025.

  MD&A: Fee Reduction & Waiver verify on EDGAR →