Professional
Added to YB: 2026-02-10
Pitch date: 2026-02-03
NLOP [neutral]
Net Lease Office Properties
+19.59%
current return
Author Info
Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.
Company Info
Net Lease Office Properties is a publicly traded real estate investment trust that owns a portfolio of high-quality, single-tenant properties located in the U.
Market Cap
$195.8M
Pitch Price
$9.88
Price Target
N/A
Dividend
51.06%
EV/EBITDA
1.55
P/E
-1.35
EV/Sales
0.97
Sector
Office REITs
Category
special_situation
Alluvial Fund Portfolio Holding: Net Lease Office Properties
NLOP (holding update): Accelerating liquidation pace, targeting completion by end-2026. Recent property sales at disappointing prices but current share price at large discount to remaining asset value. Feb $6.75/share distribution returns entire cost basis, demonstrating power of buying deeply discounted real estate.
Read full article (1 min)