Easterly Government Properties, Inc.

Easterly Government Properties, Inc. filed a prospectus supplement to its existing "at the market" (ATM) equity offering program, increasing the total aggregate offering price to up to $300,000,000. As of the filing date, $85,017,692 of common stock has been sold, leaving $214,982,308 available. The updated program now permits the company to enter into contingent forward transactions and includes amended equity distribution agreements with several sales agents and forward purchasers.

Easterly Government Properties reported a 9.7% increase in total revenues to $92.42 million for the second quarter of 2026, driven by higher rental income. However, net income available to common stockholders decreased by 25.1% to $3.05 million, resulting in basic EPS of $0.06, down from $0.09 in the prior year quarter. For the first half of 2026, net cash provided by operating activities increased by 15.4% to $71.92 million, while the company also acquired three properties for $44.6 million and secured a new $200.0 million term loan facility.

Easterly Government Properties announced its second quarter 2026 results, reporting net income of $3.2 million and Core FFO of $37.4 million. The company raised its full-year 2026 Core FFO guidance to $3.07 - $3.13 per share, reflecting confidence in its strategic priorities and portfolio durability. Key capital market activities included closing a new $200.0 million term loan and issuing shares for $18.8 million in net proceeds.

Easterly Government Properties, Inc. announced the closing of a new five-year $200 million senior unsecured term loan facility. This facility includes an accordion feature allowing for an additional $50 million, bringing the total potential facility size to $250 million, and matures in June 2031. The company intends to use the net proceeds to repay outstanding borrowings under its $400 million revolving credit facility and for general corporate purposes, enhancing its liquidity profile and supporting future growth initiatives. Additionally, an eleventh amendment was made to the existing 2016 Term Loan Agreement to remove the credit spread adjustment for SOFR-based borrowings.

Easterly Government Properties, Inc. reported its Q1 2026 financial results, showing a decrease in net income available to common stockholders to $1.37 million ($0.02 EPS) from $3.13 million ($0.07 EPS) in Q1 2025. Despite the profit decline, total revenues increased to $91.55 million from $78.68 million year-over-year, primarily driven by higher rental income. The company also acquired three operating properties for $44.6 million and declared a dividend of $0.45 per common share, down from $0.66 in the prior year.

Easterly Government Properties, Inc. reported strong first quarter 2026 results with Core FFO of $0.77 per share and net income of $0.03 per share. The company raised the lower end of its full-year 2026 Core FFO guidance to a range of $3.06 - $3.12 per share. Strategic activities included the acquisition of a 297,713 square foot campus in Virginia and a $7.0 million mezzanine construction loan, alongside a declared quarterly dividend of $0.45 per share.

Easterly Government Properties, Inc. announced that its stockholders approved an amendment to the 2024 Equity Incentive Plan at the Annual Meeting on April 22, 2026. The amendment increases the aggregate number of shares authorized for issuance under the plan by 2,875,000, bringing the total to 4,315,000 shares. This change aims to enhance flexibility for granting equity awards to officers, employees, non-employee directors, and consultants, ensuring the company can continue to attract and retain talent.