Added to YB: 2026-02-11
Pitch date: 2026-02-09
FSP [neutral]
Franklin Street Properties Corp.
-37.16%
current return
Author Info
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Company Info
Franklin Street Properties Corp. is focused on infill and central business district (CBD) office properties in the U.
Market Cap
$52.9M
Pitch Price
$0.84
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.21
P/E
-1.60
EV/Sales
2.65
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)