Nexliving Communities has Q3 NOI of $5.32-million

Executive Summary

• Nexliving Communities reported record Q3 2025 results, with NOI up 52% YoY to $5.3 M and FFO increasing 92% YoY to $2.2 M; fully‑diluted FFO per share rose 30% to $0.07.
• The board declared a quarterly cash dividend of $0.01 per share (annualized $0.04), payable Dec 24, 2025.
• Post‑quarter activities included the sale of a non‑core 10‑unit Gatineau property for $2.0 M and a normal‑course issuer bid repurchasing 45,200 shares at $2.33 average price.

Key Details

• Net Operating Income (NOI): $5.3 M for the quarter (↑52% YoY); 65% increase for the nine‑month period.
• Same‑property NOI: ↑4.5% QoQ, driven by revenue growth of 3.1% offset by expense rise of 1.1%.
• Funds From Operations (FFO): $2.2 M for the quarter (↑92% YoY).
• Fully Diluted FFO per Share: $0.07 (↑30% YoY).
• Occupancy: End‑quarter rate 95.6%; improved to 97.2% as of Nov 13, 2025.
• Weighted Average Capitalization Rate: 4.90% at quarter‑end (up 8 bps YoY).
• Fair Value Gain: $400 k for the quarter; $8.5 M year‑to‑date.
• Property Sale: Non‑core 10‑unit Gatineau property sold for $2.0 M; generated $58,976 NOI over prior four quarters (cap rate 2.95%).
• Portfolio Optimization: Additional non‑core properties identified for potential disposition.
• NCIB Activity: Repurchased 45,200 shares for $105,948 (average $2.33 per share).
• Dividend Declaration: $0.01 per common share for quarter ending Dec 31, 2025 (annualized $0.04); payable Dec 24, 2025 to shareholders of record Dec 5, 2025.

Notable Quotes

“Two thousand twenty‑five has so far been a year of strong execution producing a milestone quarter for Nexliving… Q3 FFO per share was the highest ever, having increased plus‑30 % year over year…” – Stavro Stathonikos, President & CEO.