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Franklin Street Properties Corp. (FSP) Q4 2025 Earnings Call Prepared Remarks Transcript
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the fourth quarter and the year ended December 31, 2025. George J. Carter, Chairman and Chief Executive Officer, commented as follows: “As previously announced on February 27, 2026, the Company closed a $320 million secured credit facility with an affiliate of TPG Credit. The Company repaid in full all of.
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its results for the fourth quarter and full year 2025 after the market closes on Monday, March 9, 2026. The Company will hold a conference call/webcast with the investment community to discuss the results at 10:00 AM ET on Tuesday morning, March 10, 2026. To access the call, please dial 800-715-9871 a.
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “our” or “we”) (NYSE American: FSP) announced today that it has closed a $320 million secured credit facility (the “Facility”) with an affiliate of TPG Credit (the “Lender”). The Company repaid in full all of its outstanding $248.9 million aggregate principal amount of indebtedness in an initial drawdown of $258.5 million under the Facility, net of original issue discount of $16.5 million (the “Initial Te.
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (NYSE American: FSP) (“FSP” or the “Company”) announced today that it is providing an additional update on its previously announced review of strategic alternatives. On May 14, 2025, FSP announced that its Board of Directors had initiated a review of strategic alternatives in order to explore ways to maximize shareholder value. On November 21, 2025, FSP provided an initial update on its review of strategic alternatives. The rev.
Franklin Street Properties trades well below book value, with shares down nearly 50% since announcing a strategic review. FSP's Q3 results were muted, with flat leasing, no property disposals, and ongoing cash burn as debt maturity approaches in April 2026. The strategic review, ongoing for eight months, has yielded no tangible results, and shareholder value has eroded by around $100 million.
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”) (NYSE American: FSP) announced today the tax composition of its 2025 distributions. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of FSP distributions. Ticker Symbol: FSP Common Stock (CUSIP # 35471R106) 2025 2025 2025 2025 Total Unrecap. Total Taxable Taxable Capital 2025 Section Record Payable Distribution Ordinary Qualified Gai.
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP) announced today that its Board of Directors declared a quarterly dividend of $0.01 per share of common stock for the period October 1, 2025 through December 31, 2025, payable on February 12, 2026 to stockholders of record as of January 23, 2026. This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information that may.
Shares of Franklin Street Properties Corp. (NYSE: FSP - Get Free Report) were down 0.5% during trading on Tuesday. The stock traded as low as $0.8921 and last traded at $0.90. Approximately 586,101 shares were traded during mid-day trading, an increase of 30% from the average daily volume of 449,456 shares. The stock had previously
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (NYSE American: FSP) (“FSP” or the “Company”) announced today that it is providing an update on its previously announced review of strategic alternatives. On May 14, 2025, FSP announced that its Board of Directors had initiated a review of strategic alternatives in order to explore ways to maximize shareholder value. The review remains ongoing and includes a range of potential strategic alternatives, including a sale of the Com.
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the third quarter ended September 30, 2025. George J. Carter, Chairman and Chief Executive Officer, commented as follows: “FSP continues to maintain its focus on trying to improve leasing and occupancy across our portfolio. Nationally, the overall office sector continues to face headwinds from capital mar.
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its results for the third quarter 2025 after the market closes on Tuesday, October 28, 2025. The Company will not be holding a conference call/webcast this quarter. This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information that.
Even with a strategic review on the way, Franklin Street Properties' share continues to underperform heavily. Based on the company's history, we believe there is strong motivation for the company to sell itself. If acquired, even a small multiple of the company's book value or rental income presents an attractive ROI to current share prices.
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP) announced today that its Board of Directors declared a quarterly dividend of $0.01 per share of common stock for the period July 1, 2025 through September 30, 2025, payable on November 6, 2025 to stockholders of record as of October 17, 2025. This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information that may be.
COPENHAGEN, Denmark--(BUSINESS WIRE)-- #5G--Adtran today announced its role in the OIF's open, multi-vendor interoperability demo at ECOC 2025 and highlighted its recent participation in the OIF Plugfest, where its 100ZR+ and 400ZRE coherent pluggables were validated across multiple hosts and platforms. On the ECOC show floor, 100Gbit/s, 400Gbit/s and 800Gbit/s signals generated by coherent pluggable optics will be transported over open line systems (OLS) in a disaggregated IPoDWDM environment. This.
Franklin Street Properties is an office REIT focused on infill and central business district assets, primarily in Colorado and Texas. The company reported negative AFFO in Q2 2025, impacted by elevated lease incentives and capex spending. In addition, the REIT's bottom line is burdened by high interest costs and bloated administrative overhead.
Franklin Street Properties (FSP -0.87%), an office-focused real estate investment trust, released its financial results on July 29, 2025. The main takeaway was a GAAP net loss in line with muted analyst expectations, with earnings per share (EPS) of $(0.08) (GAAP), matching the estimated figure.
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the second quarter ended June 30, 2025. George J. Carter, Chairman and Chief Executive Officer, commented as follows: “We remain focused on trying to improve leasing and occupancy across the portfolio. Despite the modest amount of actual leasing during the first half of 2025, we continue to be encouraged.
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its results for the second quarter 2025 after the market closes on Tuesday, July 29, 2025. The Company will not be holding a conference call/webcast this quarter. This press release, along with other news about FSP, is available on the Internet at www.fspreit.com. We routinely post information that ma.