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Assurant10-Q: Divestiture

Assurant to sell Miami property for $126M, expecting significant gain

What happened

The company entered an agreement to sell its Miami, FL property for $126.0 million, expecting a gain well above its $46.0 million carrying value. This divestiture will generate a significant cash influx that could be redeployed for acquisitions, technology investments, or other corporate purposes.

Source

SEC EDGARMay 7, 2026

Quarterly report (Form 10-Q)

Assurant 10-Q

Filing excerpt

In January 2025, we entered into an agreement to sell our Miami, Florida property for a purchase price of $126.0 million, subject to certain adjustments and to the buyer receiving the requisite development approvals.

sec.gov/Archives/edgar/data/1267238/000126723826000027/aiz-20260331.htmRead the full source

Other signals in this filing (5)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Divestiture

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
May 7, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$126M (Purchase price for Miami, Florida property)

Details

CIK
1267238
Accession number
0001267238-26-000027
Filing year
2026
Fiscal year
0
Why it matters
Carve-out support needed
Signal category
Strategic

Topics and mentions

Regions named

  • Miami, Florida

Extraction

Confidence
High
Relevance
90%
Sentiment
Positive
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
divestiture

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/2588242a-c3a1-4a93-bffe-7fa11760007e returns this record as JSON. POST /v1/companies/enrich returns every signal for assurant.com.

{
  "signal_id": "2588242a-c3a1-4a93-bffe-7fa11760007e",
  "signal_type": "sec-10q",
  "signal_subtype": "divestiture",
  "detected_at": "2026-05-12T09:24:55.837+00:00",
  "company": {
    "name": "Assurant",
    "domain": "assurant.com"
  },
  "data": {
    "detail": "The company entered an agreement to sell its Miami, FL property for $126.0 million, expecting a gain well above its $46.0 million carrying value. This divestiture will generate a significant cash influx that could be redeployed for acquisitions, technology investments, or other corporate purposes.",
    "metrics": {
      "dollar_context": "Purchase price for Miami, Florida property",
      "dollar_millions": 126
    },
    "summary": "Assurant to sell Miami property for $126M, expecting significant gain",
    "excerpts": "In January 2025, we entered into an agreement to sell our Miami, Florida property for a purchase price of $126.0 million, subject to certain adjustments and to the buyer receiving the requisite development approvals.",
    "relevance": 0.9,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1267238/000126723826000027/aiz-20260331.htm",
    "filing_date": "2026-05-07",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Carve-out support needed",
    "signal_category": "strategic",
    "regions_mentioned": [
      "Miami, Florida"
    ]
  }
}

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