Saul Centers, Inc. Reports Fourth Quarter 2024 Earnings

BETHESDA, Md., Feb. 28, 2025 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended December 31, 2024 ("2024 Quarter").  Total revenue for the 2024 Quarter increased to $67.9 million from $66.7 million for the quarter ended December 31, 2023 ("2023 Quarter").  Net income decreased to $10.4 million for the 2024 Quarter from $17.5 million for the 2023 Quarter. On October 1, 2024, the Company delivered Twinbrook Quarter Phase 1, comprised of 452 apartment units, an 80,000 square foot Wegmans supermarket and approximately 25,000 square feet of small shop space adjacent to the Twinbrook Metro Station in Rockville, Maryland. As of February 24, 2025, 202 residential units have been leased and occupied. 

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