CURB Curbline Properties Corp.

FY2025 10-K
Filed: Feb 10, 2026
Real Estate
Real EstateSEC EDGAR

Curbline Properties Corp. (CURB) filed its fiscal year 2025 10-K annual report with the SEC on Feb 10, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: owning, leasing, and managing convenience shopping centers in high-income suburban U.S. locations
  • New segment: completion of Spin-Off from SITE Centers on October 1, 2024, with contribution of 79 properties to Curbline
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Management Discussion & Analysis

  • Revenue $182.9M in 2025 vs $120.9M in 2024, up $62.0M YoY driven primarily by rental income increase of $62.0M
  • Operating margin improved; NOI $136.9M in 2025 vs $93.3M in 2024, up 46.8%, Same-Property NOI up 3.3%
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Risk Factors

  • Regulatory risk: SITE Centers obligated to complete $20.7M in redevelopment projects post Spin-Off per Separation and Distribution Agreement
  • Macroeconomic threat: 61% of leases expiring within 5 years with no renewal options exposes company to rent-reset risk amid inflationary pressures
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Financial Summary
XBRL

Revenue

$183M

Net Income

$40M

Net Margin

21.8%

ROE

2.1%

Total Assets

$2.5B

EPS (Diluted)

$0.37

Operating Cash Flow

$125M

Source: XBRL data from Curbline Properties Corp. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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