Broad Street Realty, INC

Broad Street Realty, Inc. has filed a voluntary petition for Chapter 7 bankruptcy, leading to liquidation of assets and a change in management control.

Broad Street Realty, Inc. announced the immediate resignation of Noah Shore from its board of directors, effective November 12, 2025.

Daniel J.W. Neal has resigned from Broad Street Realty, Inc.'s Board of Directors and its Audit and Nominating and Corporate Governance Committees, effective immediately.

Broad Street Realty, Inc. announced the resignation of director Jeffrey H. Foster and the appointment of Jeffery C. Walraven as the new Audit Committee Chair.

Broad Street Realty faces potential financial strain as Fortress Investment Group rescinds a waiver, triggering a default under the Mezzanine Loan Agreement and leading to a change in management of Broad Street Eagles JV LLC.

Broad Street Realty, Inc. held its 2024 Annual Meeting of Stockholders on May 29, 2024, where shareholders voted on the election of directors, ratification of the accounting firm, and executive compensation.

Broad Street Realty, Inc. reports a significant financial restructuring and loss of control over its primary assets, raising substantial doubt about its ability to continue as a going concern.

Broad Street Realty, Inc. reported a significant net loss and expressed substantial doubt about its ability to continue as a going concern, as Fortress Investment Group took full control of its primary operating entity and cash accounts, necessitating property sales to address mounting debt.

Broad Street Realty's Q3 2024 results show a net loss, with ongoing efforts to refinance maturing debt and manage operational expenses.

Broad Street Realty's Q2 2024 results show a net loss, impacted by decreased rental income and increased expenses, while the company navigates debt refinancing and preferred equity complexities.

Broad Street Realty's first quarter 2024 results show a net loss, decreased revenue, and ongoing efforts to manage debt maturities.

Broad Street Realty, Inc. files an amendment to its 2024 annual report to include information required by Part III of Form 10-K, focusing on directors, executive officers, corporate governance, and executive compensation.

Broad Street Realty's 2024 10-K filing reveals a widened net loss despite gains in same-center NOI and active portfolio management.

Broad Street Realty, Inc.'s annual 10-K filing details the company's share structure, voting rights, dividend policies, and financial performance as of December 31, 2023.

Alexander Topchy, CFO of Broad Street Realty, Inc., purchased 4,800 shares of common stock at $0.3 per share on September 24, 2024.

CEO Michael Jacoby of Broad Street Realty, Inc. recently purchased 13,750 shares of the company's common stock at an average price of $0.23 per share.

Alexander Topchy, CFO of Broad Street Realty, recently purchased 9,575 shares of common stock at an average price of $0.21.

Alexander Topchy, CFO of Broad Street Realty, Inc., purchased 10,000 shares of common stock at an average price of $0.21 on September 6, 2024.

Alexander Topchy, CFO of Broad Street Realty, recently acquired 5,000 shares of common stock at $0.17 per share, increasing his total holdings.

Director Samuel M. Spiritos of Broad Street Realty, Inc. recently purchased 20,000 shares of common stock at $0.15 per share.

Broad Street Realty announces its 2024 Annual Meeting of Stockholders to be held virtually on May 29, 2024, covering director elections, auditor ratification, and executive compensation.

Fortress affiliates have taken decisive action to recover their preferred equity investment and mezzanine loan from Broad Street Realty, Inc. subsidiaries, including initiating forced property sales and threatening foreclosure following an event of default.

An affiliate of Fortress Investment Group has removed Broad Street Operating Partnership as the managing member of Broad Street Eagles JV LLC, citing a 'Trigger Event' due to the joint venture's Total Yield falling below 7.24%.

Fortress-affiliated entities, acting as sellers, have terminated significant purchase agreements with unnamed purchasers for Broad Street Realty, Inc. securities, citing a material breach and confirming the retention of nonrefundable deposits.

Broad Street Realty, Inc. announced the reinstatement of significant Preferred Membership Interest and Warrant Purchase Agreements and Note Sale and Assignment Agreements with Fortress-affiliated entities, rescheduling the closing dates to March 31, 2025, with a potential extension to April 30, 2025.

Broad Street Realty, Inc. has terminated its Preferred Membership Interest and Warrant Purchase Agreement and Note Purchase Agreement with Fortress-affiliated purchasers due to a material breach, and is now seeking disbursement of a nonrefundable deposit.

Fortress affiliates are selling their preferred membership interests in Broad Street Eagles JV, LLC and a warrant to purchase Broad Street Realty, Inc. common stock, along with a mezzanine loan, to FMC affiliates for a combined total of over $123 million.