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.

Earnings data Q1 2021

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Earnings data Q4 2021

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq:OPI) today announced that President and Chief Operating Officer Chris Bilotto and Chief Financial Officer and Treasurer Matt Brown will be participating in 1x1 meetings at the Capital One Securities Inaugural REIT Conference held virtually on Monday, January 11, 2021. Any institutional investors interested in meeting with OPI should contact Tara Marasco Smith at tara.marasco@capitalone.com. Office Properties Income Trust is

Office Properties Income Trust to Participate at the Capital One Securities Inaugural REIT Conference on Monday, January 11th

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it has acquired a Class A net leased office building totaling 150,000 square feet on 16 acres located in Fort Mill, SC for $35.1 million, excluding closing costs. The property is 100% leased for more than 10 years and serves as corporate headquarters for RoundPoint Mortgage Servicing Corp., a wholly owned subsidiary of Freedom Mortgage Company, one of the nation's largest full-service mortgage comp

Office Properties Income Trust Announces $35.1 Million Acquisition in Fort Mill, SC

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NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that President and Chief Executive Officer David Blackman, Chief Financial Officer and Treasurer Matt Brown and Vice President and Chief Operating Officer Chris Bilotto will be presenting at Nareit's REITworld: 2020 Virtual Investor Conference on Wednesday, November 18, 2020 at 8:45 a.m. Eastern Time. To access the Company's live presentation, please complete the complimentary registration for the confe

Office Properties Income Trust to Present at Nareit's REITworld: 2020 Virtual Investor Conference on Wednesday, November 18th

Under the capital recycling program, OPI seeks to improve the profitability of its portfolio. A robust leasing pipeline will likely support dividends in 2021. Long-term risks abound because of the shift towards a work-from-home culture. The office real estate market may shrink in the coming years.

Office Properties Income Trust: 12% Dividend Yield Overshadowed By Long-Term Risks

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Office Properties Income Trust's (OPI) CEO David Blackman on Q3 2020 Results - Earnings Call Transcript

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter and nine months ended September 30, 2020. David Blackman, President and Chief Executive Officer of OPI, made the following statement: “OPI delivered strong financial and operating results for the third quarter of 2020. Normalized FFO beat the high end of our guidance and consensus estimates and CAD increased by more than 15% year over year. We entered 595,000 square

Office Properties Income Trust Announces Third Quarter 2020 Results

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it has completed the previously disclosed sale of a 171,061 square foot, four-property business park located in Fairfax, VA for $25.1 million, excluding closing costs. Proceeds from today's announced sale will be used for general business purposes. David Blackman, President and Chief Executive Officer of OPI, made the following statement: “We are pleased with our ability to continue to execute on o

Office Properties Income Trust Announces Sale of Four-Property Business Park for $25.1 Million

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NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that Christopher Bilotto has been appointed as President and Chief Operating Officer of OPI, effective January 1, 2021. Mr. Bilotto has been Vice President of OPI since 2019 and Chief Operating Officer of OPI since May 2020. Mr. Bilotto is also Senior Vice President of The RMR Group (Nasdaq: RMR), responsible for portfolio management oversight for all office, industrial and retail properties managed by

Office Properties Income Trust Appoints Christopher Bilotto as President and Chief Operating Officer Effective January 1, 2021

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its third quarter 2020 financial results before the Nasdaq opens on Friday, October 30, 2020. At 10:00 a.m. Eastern Time that morning, President and Chief Executive Officer David Blackman, Chief Financial Officer Matthew Brown and Vice President and Chief Operating Officer Christopher Bilotto will host a conference call to discuss these results. The conferen

Office Properties Income Trust Third Quarter 2020 Conference Call Scheduled for Friday, October 30th

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NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it has priced an underwritten public offering of $250 million of 4.50% unsecured senior notes due 2025 (“Notes”).

Office Properties Income Trust Prices $250 Million of Unsecured Senior Notes due 2025

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Let's see if Office Properties Income Trust (OPI) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Is Office Properties (OPI) a Good Stock for Value Investors?

Office Properties Income Trust (OPI) CEO David Blackman on Q2 2020 Results - Earnings Call Transcript

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter and six months ended June 30, 2020.

Office Properties Income Trust Announces Second Quarter 2020 Results

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Office Properties Income Trust (OPI) CEO David Blackman on Q1 2020 Results - Earnings Call Transcript

Office Properties Income Trust (OPI) CEO David Blackman on Q4 2019 Results - Earnings Call Transcript

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