Added to YB: 2025-09-29
Pitch date: 2025-09-25
OPI [neutral]
Office Properties Income Trust
-97.41%
current return
Author Info
PETITION shares curated financial news, analysis and commentary with an emphasis on distressed investing, restructuring and bankruptcy. Sign up for the newsletter.
Company Info
OPI is a national REIT focused on owning and leasing office properties to high credit quality tenants in markets throughout the United States.
Market Cap
$26.3M
Pitch Price
$0.44
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.85
P/E
-0.08
EV/Sales
4.95
Sector
Office REITs
Category
special_situation
Busted Trust - One to Watch: Office Properties Income Trust ($OPI)
OPI (bearish): Office REIT w/ 125 properties, 17.3M sq ft facing COVID-induced office demand collapse. NOI down 17% since '20, occupancy falling. 23% D.C. vacancy, govt tenant (17% income) at risk from DOGE cuts. $2.4B debt load, maturities $279M '26/$771M '27. Unsecured bonds pricing 20s vs secured 70-80s. CRO appointed Sept '25, bankruptcy rumors swirling.
Read full article (5 min)