FSP News and Press, Franklin Street Properties Corp. From 10/27/23

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 2023 after the market closes on Tuesday, November 7, 2023. The Company wi...

2023-10-10 09:38:54 ET Summary Franklin Street Properties' common stock prices are trading much lower than the worth of its underlying assets. The decline in share prices is not isolated to FSP, but is industry-wide for office REITs due to the pandemic and increasing interest rate...

2023-09-21 17:57:39 ET Summary Many high-quality equity REITs are trading at substantial discounts on price-to-NAV ratios. REITs with good management teams should be able to gain a premium to NAV, but very few are achieving this currently. The amount of new apartment construct...

2023-09-14 12:00:59 ET More on Real Estate: Seeking Alpha’s Quant Rating on Real Estate Select Sector SPDR ETF Dividend scorecard for Real Estate Select Sector SPDR ETF A Rising Interest Rate Freight Train Is Coming For The Economy XLRE: Bearish Positi...

2023-09-07 11:00:00 ET Summary The battered Office REIT sector has been the top-performing sector since June, lifted by a decent slate of earnings reports and recent indications that the long-awaited "Return-to-Office" is gathering momentum. Zoom - the "poster-child" of the Work-F...

2023-08-10 15:23:24 ET Summary Nearly 200 U.S. REITs have reported second quarter earnings results over the past month, providing critical information on the state of the commercial and residential real estate industry. Of the 86 equity REITs that provide full-year Funds from Oper...

2023-08-07 08:33:05 ET The commercial real estate market has been facing multiple headwinds, ranging from the post-pandemic work-from-home model to rising defaults for commercial mortgage-backed securities. Even as the hybrid work model becomes more popular, large office spaces still re...

2023-08-05 07:34:06 ET Franklin Street Properties Corp. (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 ...

2023-08-02 01:17:10 ET Franklin Street Properties press release ( NYSE: FSP ): Q2 FFO of $0.07 in-line. Revenue of $36.27M (-12.2% Y/Y) misses by $0.11M . At this time, due primarily to economic conditions and uncertainty surrounding the timing and amount of procee...

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 ...