FG Communities Holdings Announces Third Quarter 2026 Financial Results and Provides Update on Execution of Real Estate Strategy

Nov 11, 2026

Company Invests $10 Million in FG Communities, Inc., Completes First Two Direct Manufactured Housing Acquisitions and Ends Third Quarter with $35.1 Million in Cash

Charlotte, NC, United States, November 11, 2026 -- FG Communities Holdings Inc. (Nasdaq: FGC, FGCPP) (formerly FG Nexus Inc.) (the “Company”), a company focused on acquiring and operating income-producing real estate, with an emphasis on manufactured housing communities, announced the filing of its Quarterly Report on Form 10-Q for the third quarter ended September 30, 2026 with the Securities and Exchange Commission, and provided an update on execution of its real estate strategy and its share repurchase program.

“We made meaningful progress during the third quarter as we continued repositioning FG Communities Holdings around our long-term real estate strategy,” said Kyle Cerminara, Chairman and Chief Executive Officer of FG Communities Holdings. “We ended the quarter with $35.1 million in cash, and in October we completed our first two manufactured housing acquisitions. Our focus remains on acquiring quality, income-producing properties.”

Recent Business Highlights

● Strong financial position: Cash and cash equivalents totaled $35.1 million, and stockholders’ equity totaled $55.3 million as of September 30, 2026.

● Strategic investment: Invested $10.0 million during the third quarter in FG Communities, Inc., a separately operated, privately held manufactured housing company. FG Communities, Inc. remains a separate, independently operated company; the investment complements the Company’s direct property acquisition strategy.

● Share repurchases: Repurchased approximately $22.8 million of common stock during the nine months ended September 30, 2026, bringing cumulative common stock repurchases under the program to approximately 48%. Repurchased approximately $7.2 million of preferred stock during the nine months ended September 30, 2026, bringing cumulative preferred stock repurchases under the program to approximately 33%. The Company’s previously authorized common and preferred stock repurchase programs remain open-ended. Future repurchases will be evaluated alongside property acquisitions and other capital needs, subject to market conditions, available liquidity and applicable legal requirements.

● Real estate expansion: In October 2026, subsequent to the end of the third quarter, theCompany acquired its first two directly owned manufactured housing communities in Garner and Mars Hill, North Carolina, comprising 49 and 29 homesites, respectively, for a total of 78 homesites, using cash on hand.

Business Strategy Update

FG Communities Holdings is focused on building a portfolio of income-producing real estate, emphasizing manufactured housing communities that serve the affordable housing market. Following Board approval of its affordable housing acquisition strategy, the Company invested $10.0 million in FG Communities, Inc. and completed its first two direct manufactured housing acquisitions in October, establishing the foundation for growth as a real estate operating company.

The Company’s initial manufactured housing acquisitions, completed in October 2026, represent the beginning of its direct ownership strategy. The Garner community includes 49 homesites on more than 59 acres in the Raleigh metropolitan area, and the Mars Hill community includes 29 homesites on 19 acres near Asheville. The Company intends to pursue additional acquisitions to build recurring rental income and scale its real estate operations. Consistent with its previously announced strategy, future acquisitions may be funded through a combination of cash on hand, debt financing and proceeds from common stock issuances, depending on property characteristics, market conditions and capital allocation priorities. Our ability to implement this strategy will depend on the availability of suitable properties, acquisition pricing, financing terms and our available capital. The Company also maintains merchant banking operations and investments in other businesses.

Third Quarter Financial Results

For the three months ended September 30, 2026, the Company reported revenue from continuing operations of $232,000, compared with $251,000 for the corresponding period in 2025.

The Company reported a loss from continuing operations of $218,000, compared with a loss of $17.4 million in the prior-year period. Net loss was $355,000, compared with $3.4 million in the third quarter of 2025.

As of September 30, 2026, the Company reported total assets of $59.8 million, total liabilities of $4.5 million and stockholders’ equity of $55.3 million.

As the Company’s property portfolio grows, rental revenue and property operating expenses are expected to represent a larger portion of its results of operations. Until such time as the portfolio reaches scale, corporate expenses, preferred stock dividends and other obligations will continue to require funding from available cash and other sources of liquidity. The Company will evaluate these competing sources and uses of capital as it implements its growth strategy.

About FG Communities Holdings Inc.

FG Communities Holdings Inc. (Nasdaq: FGC, FGCPP) is focused on the acquisition, ownership and operation of income-producing real estate, with an emphasis on manufactured housing communities. The Company also conducts merchant banking activities, including advisory services, capital formation and investments in other businesses.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the Company’s business strategy, future real estate acquisitions, investment activities, plans to scale real estate operations and build recurring rental income, acquisition financing through cash, debt or equity, future share repurchases and anticipated operations. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include market conditions, financing availability, acquisition opportunities, integration of acquired properties, leverage and dilution, liquidity, potential conflicts of interest arising from related-party transactions, operating performance and other factors described in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them except as required by law.

The Company has filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2026, with the SEC. Investors are encouraged to review the filing for the Company’s complete unaudited financial statements, related notes, management’s discussion and analysis, and risk disclosures. The Form 10-Q is available here: Q3 2026 Form 10-Q

Investor Relations

FG Communities Holdings Inc.
[email protected]
ir.fgcommunities.com

Contact Info:
Name: Mark Roberson, CFO
Email: Send Email
Organization: FG Communities
Website: https://ir.fgcommunities.com

Release ID: 89209190

In case of identifying any errors, concerns, or inconsistencies within the content shared in this press release that necessitate action or if you require assistance with a press release takedown, we strongly urge you to notify us promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our expert team is committed to addressing your concerns within 8 hours by taking necessary actions diligently to rectify any identified issues or supporting you with the removal process. Delivering accurate and reliable information remains our top priority.

More News

Hayley Williams to hold Manila concert in February 2027

Nov 11, 2026

Hayley Williams to hold Manila concert in February 2027

Hayley Williams is set to swing by Manila for a show in February 2027!

What the future holds for M+ as the Hong Kong museum celebrates fifth anniversary

Nov 10, 2026

What the future holds for M+ as the Hong Kong museum celebrates fifth anniversary

It has been quite a birthday celebration. Ahead of the fifth anniversary of M+ on November 12, the directors of New York’s Museum of Modern Art (MoMA) and Paris’ Centre Pompidou touched down in Hong Kong to finalise a tripartite alliance with the young museum. The formal pact will see two of the world’s pre-eminent modern art museums share collections and programming with M+ on equal footing. On October 31, it was signed, sealed and toasted with high-wattage glamour at the museum’s fundraising...

Keeping your energy up is not about coffee

Nov 10, 2026

Keeping your energy up is not about coffee

You know that familiar feeling. It’s 2 p.m., your eyes are heavy, your brain is foggy, and you’re reaching for your third cup of coffee as if it were a lifesaver. Think again. Here’s the truth most of us ignore: Energy is not something you borrow from caffeine. It’s something you build. Many of us have learned this the hard way. For years, we assumed we were simply low-energy people, without realizing that our daily habits could be the real culprit. Consider this familiar routine — sleep late, wake up tired, survive on sugar and coffee, crash in the afternoon, then stay up late scrolling on your phone. The cycle repeats itself day after day. It isn’t laziness. It’s a habit that gradually drains your energy. One of the first things you can change is your sleep pattern. It’s not just about getting more sleep but also about keeping a regular schedule. Your body needs consistency. Sleeping from 2 a.m. to 10 a.m. one day and 10 p.m. to 6 a.m. the next, even if you get eight hours each time, does not give your body the rhythm it needs. Start going to bed earlier and waking up at the same time every day, including weekends. You may find that your usual 2 p.m. energy slump begins to disappear. Food is another factor. This isn’t about dieting but being mindful of what and when you eat. A heavy, high-carbohydrate lunch can leave you feeling sleepy. You don’t have to give up rice. Simply make lunch lighter by adding more lean protein and vegetables. It’s a small adjustment that can make a big difference. Movement is just as important. This might sound counterintuitive, but when you’re tired, moving can be one of the quickest ways to wake you up. You don’t need to go to the gym. A 10-minute walk outside, a few stretches or simply getting up and walking around can help keep your mind alert. Sitting for four hours straight does little to support your energy levels. Binge-watching movies may feel relaxing, but it isn’t doing your heart any good. Make it a habit to stand up and move every 20 minutes. Don’t overlook water and sunlight, either. Dehydration can feel a lot like exhaustion. Before reaching for another cup of coffee, drink a full glass of water and step outside for five minutes of sunlight. Sunlight helps reset your body clock, while water helps keep your body functioning properly. Add some movement to the routine, and you also get your circulation going. You don’t need more motivation or another energy drink. What you need is a body that isn’t constantly working against you. Start with one positive change this week. Go to bed at the same time every night. Drink water first thing in the morning. Take a walk after lunch. Whenever possible, take a stroll after dinner, especially after a sumptuous meal. Remember, maintaining your energy isn’t about pushing harder. It’s about doing the little things better, every day. Affirmation: “Everything is working in my favor.” Love and light.

PascualLab marks 80 years with free checkups and health donations

Nov 10, 2026

PascualLab marks 80 years with free checkups and health donations

Ninety members of Asilo de San Vicente de Paul in Manila received free medical checkups and cough remedies in October through a partnership between Pascual Laboratories Inc. (PascualLab) and Caritas Manila. The outreach marked the pharmaceutical company’s 80th anniversary and also served as the occasion for the two organizations to sign a memorandum of agreement. PascualLab employees volunteered at the event. Through Caritas Manila’s community network and logistical support, the company plans to extend the outreach to more people in need. Products earmarked for distribution include Poten-Cee vitamin C for adults and children, lagundi leaf preparations, C-Lium Fibre food supplements and OraCare mouthrinse. The partnership is part of PascualLab’s corporate social responsibility program, Sowing to Empower, Educate and Develop (SEED). Caritas Manila, the Catholic Church’s social welfare arm, works with communities such as Asilo de San Vicente de Paul. PascualLab said the collaboration supports two United Nations Sustainable Development Goals, one focused on good health and well-being and the other on partnerships to achieve the goals. Leonora and Isosceles Pascual founded the company in 1946 to help meet demand for Vitamin C and provide tuberculosis relief in the postwar years. Over the next eight decades, the company expanded its product line to include food supplements, cough remedies and oral care products. As part of the anniversary, PascualLab also donated Ascof Lagundi Ponkan to children in need on behalf of members of the media.

The emotional toll of living with psoriasis

Nov 10, 2026

The emotional toll of living with psoriasis

For more than two decades, Sheryll Cledera has lived with psoriasis, a chronic skin condition that changed how she looked, how she felt and how she interacted with others. The 50-year-old mother from Pasig City began researching and self-medicating in 2001. Over the years, she sought treatment from different clinics, experiencing periods of hope and discouragement as she struggled to manage the condition. Her story was featured in Saturday’s episode of “Kutis Reveal,” where host Dr. Kei Rebolledo and the Kutis by Kei Clinic team helped her work toward healthier skin and renewed confidence. During her consultation, Cledera recalled feeling judged by strangers through their stares, an experience that affected her mental health and social interactions. She also shared how psoriasis contributed to depression and difficulty sleeping. Dr. Rebolledo explained the condition and addressed common misconceptions, particularly the belief that psoriasis is contagious. He discussed available treatment options, evidence-based solutions and what the clinic’s technology could realistically achieve. The consultation also focused on Cledera’s expectations and personal struggles. Dr. Rebolledo listened to her experiences and offered guidance tailored to her needs. The journey addressed both her medical treatment and emotional well-being. Under the care of Dr. Rebolledo’s team, Cledera underwent procedures to improve her skin condition, along with additional aesthetic treatments to enhance her overall appearance. Her transformation was especially meaningful to her family, including her daughter, who had witnessed her mother’s struggles through the years. “Bumalik ang shine niya and makitaan siya ng will to be her confident self again (She got her sparkle back, and I could see she wanted to feel like her confident self again),” her daughter said. Last Saturday’s episode showed how medical expertise, personalized treatment and family support can help patients rebuild their confidence and reconnect with their social lives. Hosted by celebrity dermatologist Dr. Kei Rebolledo, “Kutis Reveal” airs every Saturday at 10 a.m. on Bilyonaryo News Channel (Channel 31).

Afterpiece review: Stephen Fung, Angela Yuen anchor a bitter tale of theatrical narcissism

Nov 10, 2026

Afterpiece review: Stephen Fung, Angela Yuen anchor a bitter tale of theatrical narcissism

3/5 stars The narrative tradition of the washed-up male creative attempting to validate his bruised ego at the expense of his muses is a rich one. Cross the backstage chaos of Birdman with the bitter rivalries of All About Eve and the obsessive grooming of Pygmalion and you’ll have a recognisable template of toxic theatricality. That legacy looms over Afterpiece, a compelling yet preposterous Hong Kong drama. Written and directed by first-time filmmaker Keane Wong Tak-kin – a former script...

Tarlac towns showcase giant Christmas Belen entries for Belenismo 2026

Nov 10, 2026

Tarlac towns showcase giant Christmas Belen entries for Belenismo 2026

Giant and intricately designed Christmas Belen displays are once again lighting up towns and cities across Tarlac as the province holds its 19th annual Belenismo competition.

Will Ashley to focus on health after almost being confined in hospital

Nov 10, 2026

Will Ashley to focus on health after almost being confined in hospital

Will Ashley is focusing on his health after almost getting admitted to a hospital.

MMDA adjusts mall operating hours to 11 a.m. to 11 p.m. starting November 16

Nov 10, 2026

MMDA adjusts mall operating hours to 11 a.m. to 11 p.m. starting November 16

The adjusted schedule will not apply on weekends and holidays.

Is there room for the zero-alcohol movement in Manila?

Nov 10, 2026

Is there room for the zero-alcohol movement in Manila?

After making waves in other cities abroad, our F&B scene is slowly starting to take notice

British writer John Harrison wins 2026 Booker Prize for 'The End of Everything'

Nov 10, 2026

British writer John Harrison wins 2026 Booker Prize for 'The End of Everything'

British author John Harrison has won the 2026 Booker Prize for his novel, "The End of Everything," a dystopian satire that the prize says probes the limits of human understanding.

Why the Bangkok Art Biennale is now one of Asia’s most relevant international exhibitions

Nov 10, 2026

Why the Bangkok Art Biennale is now one of Asia’s most relevant international exhibitions

At first glance, Mandy El-Sayegh’s The Campaign (2026) at the Bangkok Art & Culture Centre (BACC) looks like a luxury boutique whose creative director has gone for an “Oriental spiritual” look. Mannequins draped in patterned silks guard a red-floored, high-ceilinged temple, its walls plastered with silkscreened collages in amber and cumin tones. Above a video of the work’s making is a neon sign resembling a designer monogram. But it is all camouflage. The sign is the amateur radio identifier of...

Recommended

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.