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.

Employers Hlds

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OPI, EIG and MBWM made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 20, 2023.

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Investors interested in stocks from the REIT and Equity Trust - Residential sector have probably already heard of Office Properties Income Trust (OPI) and RPT Realty (RPT). But which of these two stocks is more attractive to value investors?

OPI vs. RPT: Which Stock Should Value Investors Buy Now?

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Office Properties Income Trust (OPI) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Office Properties Income Trust (OPI) Loses -44.07% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its third quarter 2023 financial results after the Nasdaq closes on Monday, October 30, 2023. On Tuesday, October 31, 2023 at 10:00 a.m. Eastern Time, President and Chief Executive Officer Christopher Bilotto and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results. The conference call telephone number is (8.

Office Properties Income Trust Third Quarter 2023 Conference Call Scheduled for Tuesday, October 31st

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Investors interested in stocks from the REIT and Equity Trust - Residential sector have probably already heard of Office Properties Income Trust (OPI) and Independence Realty Trust (IRT). But which of these two stocks offers value investors a better bang for their buck right now?

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Invest in companies like PSEC, CIG and OPI that provide a steady stream of income amid market volatility but will not burn a hole in your pocket.

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NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that Christopher Bilotto has been appointed President and Chief Executive Officer and Brian Donley has been appointed Chief Financial Officer and Treasurer, both effective October 1, 2023. Mr. Bilotto has been serving as Chief Operating Officer of OPI since 2020 and also as President since 2021. He is also a Senior Vice President of The RMR Group (Nasdaq: RMR), overseeing portfolio management for all of.

Office Properties Income Trust Announces Executive Officer Promotions

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it has closed two mortgage loans totaling $69.2 million of gross proceeds. In aggregate to date, OPI has closed in excess of $177 million in mortgage loans with a combined total loan to value ratio of approximately 51% and a combined implied capitalization rate based on the aggregate appraised value for the collateral properties of 6.9%. The non-recourse loans announced today consist of the followi.

Office Properties Income Trust Closes $69.2 Million of Mortgage Loans

Office Properties Income Trust (OPI) was a big mover last session on higher-than-average trading volume. The latest trend in funds from operations per share estimate revisions might help the stock continue moving higher in the near term.

Office Properties Income Trust (OPI) Moves 7.1% Higher: Will This Strength Last?

Office Properties Income has called off its proposed merger with senior living communities owner Diversified Healthcare Trust. The REIT's notes currently offer a 12.5% yield on cost for 51 cents on the dollar. An intense wall of debt maturities and lease expirations present strong near-term headwinds.

Office Properties Income: A 12.5% Yield For 51 Cents On The Dollar With The Notes

Office Properties Trust and Diversified Healthcare Trust terminated their merger agreement. The combination never made sense.

Why Office Properties Income Trust Stock Is Tanking Today

Diversified Healthcare Trust

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 9.8% of the Company's outstanding common shares, today commented on DHC's termination of its merger agreement with Office Properties Income Trust (Nasdaq: OPI) (“OPI”). Marc Andersen, Managing Member of FFL, commented: “We are pleased that management and the Board of Trustees conclude.

Flat Footed LLC Comments on Termination of Diversified Healthcare Trust's Merger with Office Properties Income Trust

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) and Office Properties Income Trust (Nasdaq: OPI) today announced that they have mutually agreed to terminate their previously announced merger agreement dated April 11, 2023, pursuant to which OPI had agreed to acquire all outstanding common shares of DHC. Accordingly, the companies have cancelled their respective Special Meetings of Shareholders scheduled for September 6, 2023. The mutual termination was approved by the.

Diversified Healthcare Trust and Office Properties Income Trust Mutually Agree to Terminate Merger Agreement

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NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) and Office Properties Income Trust (Nasdaq: OPI) today announced that they will convene and immediately adjourn their respective Special Meeting of Shareholders scheduled for today on the pending business combination transaction between OPI and DHC (the “Special Meetings”) in order to continue ongoing discussions with representatives of OPI and DHC and their respective shareholders. The Special Meetings will be adjourned.

Diversified Healthcare Trust and Office Properties Income Trust To Adjourn Respective Special Meetings of Shareholders

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 9.8% of the Company's outstanding common shares, today commented on Glass, Lewis & Co. (“Glass Lewis”) and Institutional Shareholder Services Inc.'s (“ISS”) recommendations that DHC shareholders vote AGAINST the proposed merger with Office Properties Income Trust (Nasdaq: OPI) (“O.

Glass Lewis Joins ISS in Recommending Shareholders of Diversified Healthcare Trust Vote AGAINST the Proposed Merger with Office Properties Income Trust

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 9.8% of the Company's outstanding common shares, today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has recommended that DHC shareholders vote AGAINST the proposed merger with Office Properties Income Trust (Nasdaq: OPI) (“.

ISS Recommends Diversified Healthcare Trust Shareholders Vote AGAINST the Flawed, Value-Destructive Merger with Office Properties Income Trust

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 9.8% of the Company's outstanding common shares, today issued the below letter in response to DHC's latest attempt to convince shareholders to vote in favor of the proposed merger with Office Properties Income Trust (Nasdaq: OPI) (“OPI”). As a reminder, FFL released a presentation on.

Flat Footed LLC Issues Open Letter to Fellow Shareholders to Expose the Distortions and Misrepresentations in Diversified Healthcare Trust's Recent Investor Presentation

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced it has mailed a letter to shareholders from the DHC Special Committee and Board of Trustees outlining the independent trustees' successful track records of value creation and the robust process they oversaw to maximize value for DHC shareholders, which resulted in the pending merger with Office Properties Income Trust (Nasdaq: OPI). A Special Meeting of DHC Shareholders related to the pending merger will.

Diversified Healthcare Trust Sends Letter to Shareholders Outlining Robust Process to Maximize Value

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) yesterday released a presentation outlining the reasons shareholders should vote to approve its pending merger with Office Properties Income Trust (Nasdaq: OPI) ahead of its Special Meeting of Shareholders, scheduled for Wednesday, August 30, 2023. The presentation has been filed with the U.S. Securities and Exchange Commission and is available at www.dhcreit.com/mergerofdhcandopi. Highlights of the presentation include:.

Diversified Healthcare Trust Releases Investor Presentation Highlighting Benefits of Pending Merger with Office Properties Income Trust

WILSON, Wyo.--(BUSINESS WIRE)--Flat Footed LLC (together with its affiliates, “FFL”), a top shareholder of Diversified Healthcare Trust (Nasdaq: DHC) (“DHC” or the “Company”) and the owner of approximately 9.8% of the Company's outstanding common shares, today released a presentation detailing why shareholders should reject the proposed merger with Office Properties Income Trust (Nasdaq: OPI) (“OPI”). *** FFL Urges Fellow Shareholders to Vote AGAINST ALL of DHC's Proposals on the GOLD Proxy Car.

Flat Footed LLC Releases Presentation Regarding the Flawed, Value-Destructive Merger of Diversified Healthcare Trust and Office Properties Income Trust

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has mailed a letter to shareholders in connection with the upcoming August 30, 2023, Special Meeting of DHC Shareholders related to the Company's pending merger with Office Properties Income Trust (Nasdaq: OPI). The letter has been filed with the U.S. Securities and Exchange Commission and is available at www.dhcreit.com/mergerofdhcandopi with other materials related to the Special Meeting. Full t.

Diversified Healthcare Trust Sends Letter to Shareholders Highlighting Benefits of Pending Merger with Office Properties Income Trust

We last covered Diversified Healthcare Trust after it had a huge rally and investors were hoping for more. That potential merger has been heavily contested for a few reasons. We look at the Q2-2023 of OPI and highlight liquidity concerns on both sides of this merger.

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