)
Edge6 Mar 2026
Upvoted: The Story of Reddit
How Reddit built a unique platform around communities and conversation, turning human insight and intent into a distinctive business model.
US Masters Residential Property Fund
US Masters Residential Property Fund (URF) investor relations material
US Masters Residential Property Fund Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary25 Feb, 2026
Executive summary
Exceeded 2025 sales target with US$244.2 million in sales across 179 properties; 161 properties remain at year-end.
Targeting sale of remaining portfolio by end of 2026, aiming to return capital to security holders efficiently.
2025 annual report prepared on a non-going concern basis, with property assets measured at net realisable value.
Recognised a fair value decrement of US$10.9 million (5.71%) for H2 2025, mainly from New York Premium segment.
Paid distributions totaling 11 cents per stapled security in 2025, with an additional 10 cents declared for Q1 2026.
Financial highlights
Net realisable value of portfolio at 31 December 2025: US$166.35 million.
Same-home Net Operating Income (NOI) for 2025: US$1.44 million, up 14.6% year-over-year.
Adjusted Funds From Operations (FFO) loss for 2025: A$10.9 million, compared to A$8.4 million loss in 2024.
General & Administrative expenses for 2025: A$10.7 million (A$10.5 million excluding one-off costs).
NAV per stapled security at 31 December 2025: $0.346; 688.5 million stapled securities on issue.
Outlook and guidance
Aims to complete sale of remaining portfolio by end of 2026, subject to market and property-specific factors.
Expects continued FFO losses as portfolio is sold down and properties are held vacant for sale.
Detail 2026 sales program risk mitigation
Explain NRV accounting impact on NAV
Assess GA loan rate hike impact on FFO
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
US Masters Residential Property Fund
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, 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
)
)
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