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Monogram Residential Trust, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2017 10-Q, filed Aug 3, 2017. Its latest SEC filing is a SC 13G/A from Oct 10, 2017.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Owns, develops and operates multifamily apartment communities for renters, including luxury high-rise, mid-rise and garden-style properties.

How Did They Make Money?

Residents and commercial tenants pay rent for apartments and other leased space, generally monthly. Monogram also earns interest on notes receivable and cash balances as it accrues.

revenue

Who Were Their Customers?

Residents rent apartments in Monogram's communities, and commercial tenants lease space there.

Did Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in .

Net income,
3% of revenue
▼ −87% vs ($73.8M, 31%)

How Were They Changing?

Since the FY2016 annual report
Latest quarter: Q2 FY2017, the three months to Jun 30, 2017
Revenue
▲ +5%
vs $68.6M in Q2 FY2016
Net income
▲ Now profitable
vs −$9.2M in Q2 FY2016
  • Sep 19, 2017 Greystar-led fund completed the acquisition; Monogram shares were set to leave the NYSE. Eligible stockholders became entitled to $12.00 per share in cash.

Grew. Revenue grew 63% in 4 years, from $171.8M in to $280.7M in , about 13% a year.

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