Saul Centers Reports Q1 2026 Earnings with Revenue Growth and Net Income Decline
Saul Centers, Inc. reported first-quarter 2026 earnings with total revenue increasing to $78.3 million from $71.9 million in the same period in 2025. However, net income decreased to $12.0 million from $12.8 million, primarily due to the operational costs of the new Hampden House property. The company opened 366-unit Hampden House in October 2025, with 45.6% of residential units leased as of May 4, 2026.
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Topics: net_income new_development real_estate revenue