Office Properties Income Trust

Office Properties Income Trust owns, operates and leases office buildings to single tenants and multi-tenant buildings. The company was founded on February 17, 2009 and is headquartered in Newton, MA.

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Office Properties Income Trust reports solid Q4 performance and strategic growth plans

OPI delivered solid performance in Q4 2022 with strong leasing activity and capital recycling achievements.
While facing challenges like declining NOI and lease expirations, OPI remains focused on strategic initiatives for growth.
Opportunities in capital recycling, redevelopment projects, and tenant negotiations position OPI for future success.
Overall, OPI's proactive approach to property management and financial discipline bode well for long-term value creation.

Office Properties Income Trust reports solid Q1 performance amidst challenges

OPI's Q1 2023 performance reflects resilience amid sector challenges, with a focus on portfolio optimization and financial stability.
The merger with Diversified Healthcare Trust signals strategic expansion efforts to enhance long-term growth prospects and diversification benefits.
While facing market headwinds and uncertainties, OPI remains committed to effective lease management and prudent financial decision-making.

Office Properties Income Trust exceeds Q2 expectations and advances merger plans

OPI's Q2 performance showcased operational strength, financial resilience, and progress on strategic initiatives like the merger and development projects.
While facing challenges in NOI performance and disposition activity, OPI's proactive approach and focus on opportunities position it for sustainable growth.
With a solid financial foundation, prudent capital management, and strategic outlook, OPI remains well-positioned to navigate market dynamics and drive shareholder value.
Investors can look forward to continued progress on key initiatives, operational improvements, and potential synergies from the upcoming merger, supporting long-term value creation.

Office Properties Income Trust beats Q3 earnings, eyes strategic growth

OPI delivered a strong performance in Q3 2023, surpassing earnings expectations and maintaining a healthy portfolio occupancy. While facing challenges in the investment sales market, the company is actively managing its portfolio and exploring financing options. With a focus on strategic leasing and financial prudence, OPI is poised to capitalize on growth opportunities.

Office Properties Income Trust focuses on financial stability and growth strategies

OPI's Q4 2023 earnings call highlighted a focus on financial stability through reduced dividends and strategic leasing activities. The company faces challenges with known vacates and upcoming debt maturities but sees opportunities in occupancy trends and refinancing strategies.

OPI reports stable Q1 earnings amidst office sector challenges

OPI demonstrated stable financial performance in Q1 2024, meeting FFO guidance and executing successful leasing activities.
While facing challenges in tenant retention and lease expirations, the company's focus on ESG and financial enhancements positions it for resilience.
Opportunities lie in leveraging leasing successes, enhancing ESG practices, and optimizing financial flexibility for long-term growth.

OPI reports Q3 FFO below guidance, focuses on debt management

OPI's Q3 performance saw challenges in FFO below guidance, but efforts to manage debt and optimize leasing show resilience.
While facing challenges in office space utilization shifts, OPI is actively addressing upcoming debt maturities and portfolio optimization.
Opportunities exist in refining leasing strategies and capital management to navigate uncertainties and enhance portfolio stability.

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Office Properties Income Trust is a real estate investment trust. It owns, operates, and leases office buildings to single tenants and multi-tenant buildings. The company was founded on February 17, 2009 and is headquartered in Newton, MA.

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The State Of REITs: July 2023 Edition

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NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced the filing of definitive proxy materials with the U.S. Securities and Exchange Commission (the “SEC”) in connection with DHC's pending merger with Office Properties Income Trust (Nasdaq: OPI). The DHC Board of Trustees unanimously recommends that shareholders vote “FOR” the proposal to approve the merger agreement with OPI. The DHC Board believes that the merger is the best available opportunity for long.

Diversified Healthcare Trust Announces Filing of Definitive Proxy Materials and Recommends Shareholders Vote “FOR” Merger with Office Properties Income Trust on the WHITE Proxy Card

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) (“OPI” or the “Company”) today filed its definitive proxy statement with the Securities and Exchange Commission (“SEC”) in connection with its pending merger with Diversified Healthcare Trust (Nasdaq: DHC) (“DHC”).  The Company also today announced that the OPI Board of Trustees (the “Board”) has scheduled a Special Meeting of Shareholders (the “Special Meeting”) to be held on Wednesday, August 30, 2023, at 10:00 a.m.

Office Properties Income Trust Announces Filing of Definitive Proxy Materials and Recommends Shareholders to Vote “FOR” Merger with Diversified Healthcare Trust

WILSON, Wyo.--(BUSINESS WIRE)--Flat Footed LLC (together with its affiliates, “FFL” or “we”) is a top shareholder of Diversified Healthcare Trust (Nasdaq: DHC) (“DHC” or the “Company”), owning approximately 9.8% of the Company's outstanding common shares. Today, FFL issued the following statement in response to growing shareholder opposition to the Company's proposed merger with Office Properties Income Trust (Nasdaq: OPI) (“OPI”). “In recent weeks, it has been encouraging to learn that fellow.

Flat Footed LLC Issues Statement Regarding Growing Shareholder Opposition to Diversified Healthcare Trust's Proposed Merger with Office Properties Income Trust

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it has closed an additional three mortgage loans totaling $77.4 million of gross proceeds, further implementing its financing strategy to complete its previously announced merger with Diversified Healthcare Trust (Nasdaq: DHC). In aggregate to date, OPI has closed in excess of $108 million in mortgage loans with a combined total loan to value ratio of over 52% and a combined implied capitalization.

Office Properties Income Trust Further Implements its Financing Strategy for its Merger with Diversified Healthcare Trust with the Closing of $77.4 Million of Mortgage Loans

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Diversified Healthcare Trust (NasdaqGS: DHC) to Office Properties Income Trust (NasdaqGS: OPI). Under the terms of the proposed transaction, shareholders of Diversified will receive 0.147 shares of OPI for each share of Diversified that they own. KSF is seeking to determine whether this consideration and the p.

DIVERSIFIED HEALTHCARE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Diversified Healthcare Trust - DHC

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its second quarter 2023 financial results after the Nasdaq closes on Wednesday, July 26, 2023. On Thursday, July 27, 2023 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results. The conference call telephone number is (8.

Office Properties Income Trust Second Quarter 2023 Conference Call Scheduled for Thursday, July 27th

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The State Of REITs: June 2023 Edition

Office Properties Income Trust - 5.875% NT REDEEM 01/05/2046 USD 25

Double-digit yield to maturities offer equity like return. Strong asset coverage and significant unencumbered property base makes refinancing likely. The firm's external manager will be highly motivated to avoid Chapter 11 as that would end their fee stream.

Office Properties Income Trust Bonds Are Compelling

WILSON, Wyo.--(BUSINESS WIRE)--Flat Footed LLC (together with its affiliates, “FFL” or “we”), a top shareholder of Diversified Healthcare Trust (Nasdaq: DHC) (“DHC” or the “Company”) and the owner of approximately 9.7% of the outstanding common shares of the Company, today issued the below statement regarding the recent accumulation of shares by Adam D. Portnoy, a member of DHC's Board of Trustees (the “Board”), a member of the Board of Trustees of Office Properties Income Trust (Nasdaq: OPI) (.

Flat Footed LLC Questions the Appropriateness and Timing of Insider Adam D. Portnoy's Recent Purchases of DHC Stock

Diversified Healthcare Trust was slated to be merged with Office Properties Income Trust. The stock has rallied as Flat Footed LLC got into a battle with the manager of both these stocks, RMR Group. We dissect the fight and tell you what is relatively undervalued.

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NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it has commenced the implementation of its financing strategy for its merger with Diversified Healthcare Trust (Nasdaq: DHC) with the closing of a $30.7 million loan secured by a 266,000 square foot, 100% government occupied property located in Landover, Maryland. This non-recourse, 10-year CMBS loan carries an all-in fixed interest rate of 7.21% with five years of interest-only payments followed b.

Office Properties Income Trust Commences the Implementation of its Financing Strategy for its Merger with Diversified Healthcare Trust with the Closing of a $30.7 Million Mortgage Loan

WILSON, Wyo.--(BUSINESS WIRE)--Flat Footed LLC (together with its affiliates, “FFL”) owns approximately 7.4% of the outstanding common shares of Diversified Healthcare Trust (Nasdaq: DHC) (“DHC” or the “Company”), making it one of the Company's largest shareholders. Today, FFL issued the below letter sent to the Company's Board of Trustees regarding DHC's recently announced definitive merger agreement with Office Properties Income Trust (Nasdaq: OPI). In the letter, FFL outlines why it opposes.

Flat Footed LLC Sends Letter to Diversified Healthcare Trust's Board of Trustees Regarding Its Opposition to the Merger with Office Properties Income Trust

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Office Properties Income Trust (OPI) Q1 2023 Earnings Call Transcript.

Office Properties Income Trust (OPI) Q1 2023 Earnings Call Transcript

Office Properties Income Trust (OPI) came out with quarterly funds from operations (FFO) of $1.09 per share, missing the Zacks Consensus Estimate of $1.11 per share. This compares to FFO of $1.30 per share a year ago.

Office Properties Income Trust (OPI) Q1 FFO and Revenues Miss Estimates

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended March 31, 2023, which can be found at the Quarterly Results section of OPI's website at https://www.opireit.com/investors/financial-information/default.aspx. A conference call to discuss OPI's first quarter results will be held on Thursday, April 27, 2023 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-541.

Office Properties Income Trust Announces First Quarter 2023 Results

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News for Office Properties Income Trust Stock (OPI)