Added to YB: 2026-02-11
Pitch date: 2026-02-09
FSP [neutral]
Franklin Street Properties Corp.
-21.01%
current return
Author Info
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Franklin Street Properties Corp. is focused on infill and central business district (CBD) office properties in the U.
Market Cap
$64.7M
Pitch Price
$0.84
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.53
P/E
-1.44
EV/Sales
2.64
Sector
Office REITs
Category
special_situation
Show full summary:
REITS, Private Market Discounts, and Déjà vu at $FSP
FSP (overview): Office REIT w/ 14 buildings (69% occupancy) trading <$100/SQF vs $200/SQF+ prior sales. Strategic review ongoing w/ BofA, but 2 'no news' PRs suggest deal struggles. Term loan due Apr 2026. Positive risk/reward given asset discount + leverage, but equity likely impaired given office headwinds.
Read full article (8 min)