Added to YB: 2025-08-01
Pitch date: 2025-07-29
FSP [bullish]
Franklin Street Properties Corp.
-43.95%
current return
Author Info
Clark Street Value is a special sits/event-driven investor. Sign up for the newsletter.
Company Info
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.
Market Cap
$108.9M
Pitch Price
$1.73
Price Target
2.39 (+147%)
Dividend
3.81%
EV/EBITDA
10.08
P/E
-2.36
EV/Sales
2.97
Sector
Office REITs
Category
special_situation
Franklin Street Properties: Office Basket, Strategic Alternatives
FSP: Office REIT with $180M market cap, 14 sunbelt + Denver/Minneapolis office buildings at 69% occupancy. Official strategic alternatives announced May after years of informal liquidation ($1B sold). Management owns 10%. Risk: process fails, slow liquidation continues. Price target $2.39 (36% upside).
Read full article (2 min)