Earnings ·
Office Properties Income Trust reported financial results for the quarter ended June 30, 2026, following its emergence…
OPITQOffice Properties Income Trust
Office Properties Income Trust reported financial results for the quarter ended June 30, 2026, following its emergence from Chapter 11 bankruptcy on June 17, 2026. The company recorded a net loss of $3.1 million in the successor period and normalized FFO of $4.5 million. Same property Cash Basis NOI was $8.9 million, with portfolio occupancy at 88.7%. OPI executed 176,000 square feet of leasing during the quarter. In July 2026, the company sold two properties for $58.5 million and has nine additional properties under agreement to sell for $49.7 million. Total debt stands at $1.7 billion, reduced by $714 million through restructuring. Office Properties Income Trust is a national real estate investment trust focused on owning and leasing office properties to high credit quality tenants in the United States.