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Added to YB: 2024-04-24

Pitch date: 2024-04-23

NLOP [bullish]

Net Lease Office Properties

+52.05%

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

$168.3M

Pitch Price

$7.54

Price Target

35.00 (+205%)

Dividend

N/A

EV/EBITDA

2.22

P/E

-1.39

EV/Sales

1.43

Sector

Office REITs

Category

value

Show full summary:
Alluvial Capital Fund Portfolio Holding: Net Lease Office Properties

NLOP: Volatile Q1 ($17-$27), ended at $23.80. Marketing 54 office properties for sale. Trades at $105/sq ft, estimate $130/sq ft value (~mid-$30s/share). Upside catalysts: rate cuts, successful releasing/redevelopment, healthier CRE market.

Read full article (1 min)