Added to YB: 2026-08-21
Pitch date: 2026-08-18
NLOP [neutral]
Net Lease Office Properties
+0.43%
current return
Author Info
No bio for this author
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
$169.8M
Pitch Price
$11.52
Price Target
13.45 (+17%)
Dividend
N/A
EV/EBITDA
3.93
P/E
-3.74
EV/Sales
2.63
Sector
Office REITs
Category
special_situation
Real Assets, Real Value | Performance Review: H1 2026 - Net Lease Office Properties
NLOP (holding update): Net lease office liquidation. Bought $30.75 (May '25), now $11.13 + $22.35 distributions = 9% total return, 11% IRR, below original targets. KBR Tower sale disappointed. Net liquidation value $13.45/sh incl wind-down costs. 3 of 18 properties (Omnicom, Univ Iowa, iHeart) ~50% of value. Holds for spread, won't add unless sales outperform.
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