Franklin Street Properties Corp.

Franklin Street Properties Corp. is an investment company, which specializes and focuses on the asset class of real estate. It operates through the Real Estate Operations segment, which is involved in real estate rental operations, leasing, secured financing of real estate and services provided for asset management, property management, property acquisitions, dispositions and development. The company was founded by George J. Carter in January 1997 and is headquartered in Wakefield, MA.

Earnings data Q4 2023

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Franklin Street Properties Corp. is an investment company, which engages in the operation of real estate. It operates through the Real Estate Operations segment. The Real Estate Operation segment is involved in real estate rental operations, leasing, secured financing of real estate, and services provided for asset management, property management, property acquisitions, dispositions and development. The company was founded by George J. Carter in January 1997 and is headquartered in Wakefield, MA.

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Franklin Street Properties Corp. (NYSE:FSP ) Q2 2023 Earnings Conference Call August 2, 2023 11:00 AM ET Company Participants Scott Carter - General Counsel John Demeritt - Chief Financial Officer George Carter - Chief Executive Officer John Donahue - President, FSP Property Management Jeff Carter - President and Chief Investment Officer Conference Call Participants Steven Dumanski - Janney Montgomery Scott Craig Kucera - B. Riley Securities Operator Good morning, and welcome to the Franklin Street Properties Corp. Second Quarter 2023 Results Conference Call.

Franklin Street Properties Corp. (FSP) Q2 2023 Earnings Call Transcript

Franklin Street Properties (FSP) came out with quarterly funds from operations (FFO) of $0.07 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to FFO of $0.10 per share a year ago.

Franklin Street Properties (FSP) Q2 FFO Miss Estimates

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, 2023. George J. Carter, Chairman and Chief Executive Officer, commented as follows: “As the third quarter of 2023 begins, we continue to believe that the current price of our common stock does not accurately reflect the value of our underlying real estate assets. We will.

Franklin Street Properties Corp. Announces Second Quarter 2023 Results

Franklin Street Properties is a beaten-down office REIT that owns 20 quality properties totaling 6.05 million square feet. FSP's office properties - located primarily in growing and attractive Sunbelt and Denver markets - are worth significantly more than the current market valuation of $91 / SF. Trading at multi-decade lows and at a significant discount to Book Value and peer valuations, FSP offers an asymmetric risk-reward opportunity.

Franklin Street Properties: Dirt Cheap Valuation Offers Significant Upside

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 2023 after the market closes on Tuesday, August 1, 2023. The Company will hold a conference call/webcast with the investment community to discuss the results at 11:00 AM ET on Wednesday morning, August 2, 2023. To access the call, please dial 888-440-4368 and use con.

Franklin Street Properties Corp. to Announce Second Quarter 2023 Results

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 April 1, 2023 through June 30, 2023, payable on August 10, 2023 to stockholders of record as of July 21, 2023. 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 importan.

Franklin Street Properties Corp. Declares Quarterly Dividend

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (“FSP”, “our” or “we”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it entered into a lease amendment with existing tenant, Kaiser Foundation Health Plan, Inc., at its Greenwood Plaza property in Englewood, Colorado. The lease amendment extends the term applicable to all of Kaiser's approximately 121,000 square foot premises by 5 years, from May 31, 2024 to May 31, 2029. Additionally, we ent.

Franklin Street Properties Corp. Announces Leasing Activity

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The new pariah of the commercial real estate sector, Office REITs, have remained in free-fall in recent months, plunging another 30% this year following a plunge of nearly 40% last year. Just how bad is it? The surge in interest rates has turned a weak-but-manageable situation into a bleak one, but there is more nuance than what the prevailing narrative would suggest.

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Franklin Street Properties Corporation (NYSE:FSP ) Q1 2023 Earnings Conference Call May 3, 2023 11:00 AM ET Company Participants Scott Carter - EVP, General Counsel & Secretary John Demeritt - EVP, CFO & Treasurer George Carter - Chairman & CEO John Donahue - EVP Jeff Carter - President & CIO Conference Call Participants Craig Kucera - B. Riley Securities Operator Good morning.

Franklin Street Properties Corporation (FSP) Q1 2023 Earnings Call Transcript

Franklin Street Properties (FSP) came out with quarterly funds from operations (FFO) of $0.08 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to FFO of $0.11 per share a year ago.

Franklin Street Properties (FSP) Q1 FFO and Revenues Miss Estimates

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 first quarter ended March 31, 2023. George J. Carter, Chairman and Chief Executive Officer, commented as follows: “As the second quarter of 2023 begins, we continue to believe that the current price of our common stock does not accurately reflect the value of our underlying real estate assets. We will.

Franklin Street Properties Corp. Announces First Quarter 2023 Results

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 first quarter 2023 after the market closes on Tuesday, May 2, 2023. The Company will hold a conference call/webcast with the investment community to discuss the results at 11:00 AM ET on Wednesday morning, May 3, 2023. To access the call, please dial 1-833-470-1428 and use access c.

Franklin Street Properties Corp. to Announce First Quarter 2023 Results

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The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

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The REIT sector fell again in March with a -6.11% total return. Large cap (-1.99%) and mid cap (-4.56%) REITs saw modestly negative total returns in March, while small caps (-6.76%) and micro caps (-15.50%) were deeper in the red.

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The State Of REITs: March 2023 Edition

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “our” or “we”) (NYSE American: FSP), a real estate investment trust (REIT), announced today the completion of the sale of 50 Northwest Point in Elk Grove Village, Illinois (the “Property”) for gross proceeds of $29.1 million. The Company expects to record a gain of approximately $8.4 million in the first quarter of 2023 in connection with the sale of the Property. George J.

Franklin Street Properties Corp. Announces the Completion of the Sale of 50 Northwest Point in Elk Grove Village, Illinois for $29.1 Million

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News for Franklin Street Properties Corp. Stock (FSP)