GTJ REIT, Inc. Files Q1 2025 10-Q
| Field | Detail |
|---|---|
| Company | Gtj Reit, Inc. |
| Form Type | 10-Q |
| Filed Date | May 9, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, REIT, credit-facility, partnership
TL;DR
GTJ REIT Q1 2025 10-Q filed. Mentions KeyBank, credit agreements, and LLC partnerships.
AI Summary
GTJ REIT, INC. filed its 10-Q for the period ending March 31, 2025. The company's business address is 1399 Franklin Avenue, Garden City, NY. Key financial events and relationships mentioned include the Operating Partnership, KeyBank NA, and various LLCs like Two CPS Developers LLC and Wu Lighthouse Portfolio LLC. The filing also references a revolving credit agreement dated October 22, 2021, and a subsequent event on April 17, 2025, involving John Hancock Life Insurance Company.
Why It Matters
This filing provides investors with an update on GTJ REIT's financial performance and operational activities for the first quarter of 2025, including details on its credit facilities and significant partnerships.
Risk Assessment
Risk Level: medium — The filing details various financial instruments, credit facilities, and partnerships, which inherently carry financial and operational risks for a REIT.
Key Numbers
- 20250331 — Reporting Period End (Quarterly financial update)
- 20250509 — Filing Date (Date the 10-Q was submitted)
Key Players & Entities
- GTJ REIT, INC. (company) — Filer
- 1399 Franklin Avenue, Garden City, NY (location) — Business Address
- KeyBank NA (company) — Financial Partner
- Two CPS Developers LLC (company) — Related Entity
- Wu Lighthouse Portfolio LLC (company) — Related Entity
- John Hancock Life Insurance Company (company) — Subsequent Event Participant
- 20250331 (date) — Reporting Period End Date
- 20250509 (date) — Filing Date
FAQ
What is the primary business of GTJ REIT, Inc.?
GTJ REIT, Inc. is a Real Estate Investment Trust (REIT) as indicated by its Standard Industrial Classification code [6798].
What is the company's main business address?
The company's business address is 1399 Franklin Avenue, Garden City, NY 11530.
What significant credit agreement is mentioned in the filing?
The filing mentions an 'Amended And Restated Credit Agreement' related to a revolving credit facility with KeyBank NA and the Operating Partnership, dated October 22, 2021.
Are there any subsequent events noted after the reporting period?
Yes, a subsequent event is noted on April 17, 2025, involving John Hancock Life Insurance Company.
Which entities are associated with GTJ REIT's Operating Partnership during the first quarter of 2025?
During the period from January 1, 2025, to March 31, 2025, the Operating Partnership is associated with entities such as KeyBank NA, Two CPS Developers LLC, and Wu Lighthouse Portfolio LLC.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 9, 2025 regarding GTJ REIT, INC..