Company: FRT-PC
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000034903-25-000052
Chunk: 57

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 57
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 an increase to the common share dividend rate.

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Table of Contents

Debt Financing Arrangements

The following is a summary of our total debt outstanding as of June 30, 2025:

Description of DebtOriginalDebtIssuedPrincipal Balance as of June 30, 2025Stated Interest Rate as ofJune 30, 2025Maturity Date (Dollars in thousands)  Mortgages payableSecured fixed rateAzaleaAcquired$40,000 3.73 %November 1, 2025Bethesda Row (1)200,000200,000 SOFR + 0.95%December 28, 2025Bell GardensAcquired11,051 4.06 %August 1, 2026Plaza El Segundo125,000125,000 3.83 %June 5, 2027The Grove at Shrewsbury (East)43,60043,600 3.77 %September 1, 2027Brook 3511,50011,500 4.65 %July 1, 2029Hoboken (24 Buildings) (2)56,45051,346 SOFR + 1.95%December 15, 2029Various Hoboken (13 Buildings) (3)Acquired27,175 VariousVarious through 2029ChelseaAcquired3,332 5.36 %January 15, 2031Subtotal513,004 Net unamortized debt issuance costs and discount(1,053)Total mortgages payable, net511,951 Notes payableRevolving credit facility (4)(5)(6)17,600 SOFR + 0.775%April 5, 2027Term loan (4)(5)600,000600,000 SOFR + 0.85%March 20, 2028Various5,7931,491 VariousVarious through 2059Subtotal619,091 Net unamortized debt issuance costs(4,460)Total notes payable, net614,631 Senior notes and debentures (5)Unsecured fixed rate1.25% notes400,000400,000 1.25 %February 15, 20267.48% debentures50,00029,200 7.48 %August 15, 202