Recent Updates — FRPH
FRP Holdings, Inc. reported a net loss of $0.3 million, or $(0.01) per share, for the second quarter ended June 30, 2026, compared to net income of $0.6 million in the prior year period. Pro rata NOI declined 3% to $9.4 million from $9.7 million, driven by lower Multifamily and Industrial segment performance that was partially offset by a 13% increase in Mining Royalty revenue. The company's multifamily occupancy fell to 93.2%, while industrial occupancy dropped to 69.9%. General and administrative expenses rose $802,000 due to integration costs from the October 2025 Altman Logistics acquisition. FRP Holdings operates in the real estate investment and development industry with segments including multifamily leasing, industrial properties, mining royalties, and development.