ONL News and Press, Orion Office REIT Inc. From 08/08/23

2023-08-08 04:37:00 ET Summary In July, we received a dividend income total of $1,421.13. The $200 dividend from Canada Imperial was reinvested and acquired almost 5 more shares, adding more income. July was probably one of the lowest number of stocks increasing their dividend...

2023-08-02 10:30:10 ET Summary Slate Office REIT Q2 2023 results showed a marginal uptick in the adjusted funds from operations. Debt to EBITDA and Loan-To-Value Ratios crept up. We go over the important considerations and update our thesis. Note: All amounts dis...

Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of single-tenant net lease mission-critical suburban office properties located across the U.S., announced...

2023-06-29 16:32:27 ET Orion Office REIT ( NYSE: ONL ) has amended its credit agreement to "retire our maturing term loan facility while continuing to provide Orion with access to liquidity and an extended loan term," CEO Paul McDowell said in a statement Thursday. Under the...

Orion Office REIT Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of single-tenant net lease mission-critical suburban office properties located across the U.S., announced...

2023-06-27 08:35:33 ET Summary Peakstone Realty Trust's heavy exposure to single-tenant office properties makes it a risky investment due to the potential costs of converting these spaces for multi-tenant use. PKST stock appears overvalued, with potential downside ranging from 27%...

2023-06-04 08:00:00 ET Summary While I hate to see the REIT sector shrinking, it is likely that many REITs will become suitors, which is a sign that the sector is healthy. I would never use M&A as a catalyst supporting a recommendation since investors should always focus on un...

2023-05-29 07:00:00 ET Summary Office REITs are yielding an average of 9.4% and the lowest P/FFO multiple (of 5.8x) compared with all other property sectors within the iREIT™ universe. Orion Office REIT has dropped by almost 34% YTD and a whopping ~69% since it spun off fro...

2023-05-19 09:00:00 ET Summary 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 we...

2023-05-14 09:00:00 ET Summary U.S. equity markets finished lower for a second-straight week as data showing an encouraging cooldown of inflationary pressures was offset by ongoing regional bank instability and an unresolved debt ceiling standoff. Declining for a second week after...