)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
US Masters Residential Property Fund (URF) investor relations material
US Masters Residential Property Fund H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2025 earnings summary9 Sep, 2025
Executive summary
86 properties sold in H1 2025 for $119 million, with sales momentum continuing into August and year-to-date closings reaching $155.3 million, supporting a full-year target of $200–225 million.
Portfolio appraisal for the half year ended 30 June 2025 resulted in a 2.84% (or $9.2 million) reduction in value, mainly from the New York premium segment.
Focus remains on executing the sales program, returning capital to security holders, and maximizing value through prudent capital management.
Distributions of $0.11 per stapled security paid year-to-date, with 2.8 million stapled securities repurchased.
Reclassification of US operations to C-Corp and adoption of a formal plan of liquidation to be completed by 31 December 2028.
Financial highlights
Portfolio value decreased by $9.2 million (2.84%) in H1 2025, with New York premium down 4.4%, New Jersey workforce down 1.2%, and New Jersey premium down 1.1%.
Net operating income on a same home basis rose 8% to $4.9 million over the 12 months to 30 June, driven by rental growth on renewals.
Funds from operations (FFO) loss of $19.7 million for H1 2025, or adjusted loss of $4.6 million after excluding one-off expenses and disposal costs.
Pre-tax loss of $35.0 million for H1 2025, but post-tax profit of $4.8 million due to a significant reduction in deferred tax liability.
General and administrative expenses were $5.6 million, or $5.35 million normalized, and remained stable across periods.
Outlook and guidance
Full-year sales target of $200–225 million remains achievable, supported by a robust pipeline and recent sales activity.
FFO expected to remain negative as the portfolio reduces, but focus is on maximizing revenue from held properties and cost management.
Monitoring market conditions and buyer sentiment, especially in New York, due to political uncertainty and cooling demand.
Portfolio is well positioned to support the sales program through the remainder of 2025.
What caused the NY Premium segment fair value drop?
What is the plan for May 2026 debt maturity?
How did US tax reclassification impact DTL?
Strategy for assets with valuation gap due to sitting?
Explain buyback inactivity despite available cash.
Discuss impact of driving vacancy on NOI/FFO.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next US Masters Residential Property Fund earnings date
Q3 202513 Nov, 2025
Next US Masters Residential Property Fund earnings date
Q3 202513 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
US Masters Residential Property Fund is a real estate investment trust (REIT) focused on acquiring, renovating, and managing residential properties in the United States, particularly in the New York metropolitan area. The fund primarily invests in freestanding houses, multi-family units, and townhouses to generate rental income and long-term capital appreciation. URF aims to provide investors with exposure to the U.S. residential real estate market by leveraging its expertise in property management and value-add renovation strategies. US Masters Residential Property Fund is managed from Sydney, Australia, and its shares are listed on the ASX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage