This is a correction, not a fresh operating update. The July 29 release already disclosed the 2026 Same Store outlook; this filing fixes the upper end of the NOI-growth range from +0.10% to -0.10%, while confirming the -0.90% midpoint (Regulation FD Disclosure). The filing does not present a new change to the intended guidance framework.
The corrected range is weaker than the erroneous headline suggested, but not versus the company’s actual outlook. Investors who read the original upper bound as slightly positive now have a clarified ceiling that still implies year-over-year NOI contraction. Because the midpoint was already correct, the economic information added here is limited to the range endpoint rather than a new forecast cut.
Net read: in line with the standing guidance, with no incremental fundamental signal. The market already knew the direction and midpoint of the outlook; this filing mainly removes a potentially misleading positive figure. That makes the event partly known and the appropriate scorecard Guidance reaffirmed, rather than a new guidance cut.
Read the original 8-K on SEC EDGAR ↗