Post Properties funds from operations dip in 4Q
OtherReal estate investment firm Post Properties ($44.95 0.21%) saw its funds from operations fall slightly in the fourth quarter to $20.9 million from $21.1 million a year earlier on reduced incremental gains from condo sales. That breaks down to 40 cents a share for the Atlanta-based REIT, down from 43 cents a share in the fourth quarter 2010. FFO per share met analyst expectations, according to Yahoo Finance. FFO represents an operating measure of a REIT’s performance, according to the National Association of Real Estate Investment Trusts. Net income, another […]