{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-05T11:07:55.021128+00:00","company":{"ticker":"ONL","cik":1873923,"company_name":"Orion Properties Inc."},"pagination":{"limit":100,"returned":9,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"earnings_release","fact_key":"4ab0f2283baf6169bbaf57856ebf6b6df79359fe","cik":1873923,"ticker":"ONL","company_name":"Orion Properties Inc.","filed_at":"2026-05-07T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$(13.6) million, or $(0.24) per share","period_text":"the first quarter ended March 31, 2026","report_date":"2026-05-07","result_type":"reported_results","revenue_text":"$36.3 million"},"claim":"Orion Properties Inc. reported the first quarter ended March 31, 2026 results: revenue $36.3 million, net income $(13.6) million, or $(0.24) per share.","evidence_excerpt":"First Quarter 2026 Financial Overview • Total revenues of $36.3 million • Net loss attributable to common stockholders of $(13.6) million, or $(0.24) per share","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001873923-26-000081","anchor_url":"https://secwatch.observer/filing/0001873923-26-000081#claim-4ab0f2283baf6169bbaf57856ebf6b6df79359fe","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1873923/000187392326000081/0001873923-26-000081-index.htm"},{"fact_type":"debt_financing","fact_key":"185aa67eb0c72f01198d6d10a1a104ea4925ac2a","cik":1873923,"ticker":"ONL","company_name":"Orion Properties Inc.","filed_at":"2026-02-19T23:59:59+00:00","payload":{"counterparty":"Wells Fargo Bank, National Association, as Administrative Agent","effective_date":"2026-02-18","event":"incurrence","instrument_type":"revolving_credit","interest_rate_text":"SOFR plus 2.75% or base rate plus 1.75%","item_codes_triggered":["2.03"],"maturity_text":"February 18, 2028","principal_text":"$215.0 million"},"claim":"Orion Properties Inc. incurred revolving credit of $215.0 million with Wells Fargo Bank, National Association, as Administrative Agent at SOFR plus 2.75% or base rate plus 1.75% maturing February 18, 2028.","evidence_excerpt":"On February 18, 2026, the Company, as parent, and Orion Properties LP, as borrower (“Orion OP”), entered into a credit agreement for a new $215.0 million senior secured revolving credit facility (the “New Revolving Facility”), with the financial institutions party thereto, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001873923-26-000023","anchor_url":"https://secwatch.observer/filing/0001873923-26-000023#claim-185aa67eb0c72f01198d6d10a1a104ea4925ac2a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1873923/000187392326000023/0001873923-26-000023-index.htm"},{"fact_type":"debt_financing","fact_key":"19da5b276f2991d4489664ec016614dcd7a93791","cik":1873923,"ticker":"ONL","company_name":"Orion Properties Inc.","filed_at":"2026-02-19T23:59:59+00:00","payload":{"counterparty":"Computershare Trust Company, National Association, as Trustee","effective_date":"2026-02-17","event":"amendment","instrument_type":"loan","interest_rate_text":"fixed annual interest rate on the CMBS Loan of 4.971%","item_codes_triggered":["2.03"],"maturity_text":"extended two years from February 11, 2027 until February 11, 2029","principal_text":"$355.0 million"},"claim":"Orion Properties Inc. amended loan of $355.0 million with Computershare Trust Company, National Association, as Trustee at fixed annual interest rate on the CMBS Loan of 4.971% maturing extended two years from February 11, 2027 until February 11, 2029.","evidence_excerpt":"Fargo Commercial Mortgage Trust 2022-ONL, Commercial Mortgage Pass-Through Certificates, Series 2022-ONL (the \"Lender\"). The Loan Modification Agreement relates to that certain $355.0 million fixed rate securitized mortgage loan dated February 10, 2022 (the “CMBS Loan”). The Loan Modification Agreement includes the following terms and conditions, among others: • The","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001873923-26-000023","anchor_url":"https://secwatch.observer/filing/0001873923-26-000023#claim-19da5b276f2991d4489664ec016614dcd7a93791","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1873923/000187392326000023/0001873923-26-000023-index.htm"},{"fact_type":"material_agreement","fact_key":"a107217d2c066561f8107e84bdefb5fc91df57b9","cik":1873923,"ticker":"ONL","company_name":"Orion Properties Inc.","filed_at":"2026-02-19T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Credit Agreement for New Revolving Facility","agreement_type":"credit_facility","counterparty":"Wells Fargo Bank, National Association, as Administrative Agent","effective_date":"2026-02-18","item_codes_triggered":["1.01"],"value_text":"$215.0 million senior secured revolving credit facility"},"claim":"Orion Properties Inc. entered into Credit Agreement for New Revolving Facility with Wells Fargo Bank, National Association, as Administrative Agent valued at $215.0 million senior secured revolving credit facility (effective 2026-02-18).","evidence_excerpt":"On February 18, 2026, the Company, as parent, and Orion Properties LP, as borrower (“Orion OP”), entered into a credit agreement for a new $215.0 million senior secured revolving credit facility (the “New Revolving Facility”), with the financial institutions party thereto, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001873923-26-000023","anchor_url":"https://secwatch.observer/filing/0001873923-26-000023#claim-a107217d2c066561f8107e84bdefb5fc91df57b9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1873923/000187392326000023/0001873923-26-000023-index.htm"},{"fact_type":"material_agreement","fact_key":"f0785a39bcd0cbcf68b11627cc8f5ce6a0f96f9f","cik":1873923,"ticker":"ONL","company_name":"Orion Properties Inc.","filed_at":"2026-02-19T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Loan Modification Agreement","agreement_type":"credit_facility","counterparty":"Computershare Trust Company, National Association, as Trustee","effective_date":"2026-02-17","item_codes_triggered":["1.01","1.02"],"value_text":"$355.0 million fixed rate securitized mortgage loan"},"claim":"Orion Properties Inc. entered into Loan Modification Agreement with Computershare Trust Company, National Association, as Trustee valued at $355.0 million fixed rate securitized mortgage loan (effective 2026-02-17).","evidence_excerpt":"On February 17, 2026, Orion Properties Inc. (the “Company”), through certain of its subsidiaries (the “Mortgage Borrowers”), entered into a loan extension and modification agreement (“Loan Modification Agreement”) with Computershare Trust Company, National Association, as Trustee, for the benefit of the holders of Wells Fargo Commercial Mortgage Trust 2022-ONL, Commercial Mortgage Pass-Through Certificates, Series 2022-ONL (the \"Lender\").","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001873923-26-000023","anchor_url":"https://secwatch.observer/filing/0001873923-26-000023#claim-f0785a39bcd0cbcf68b11627cc8f5ce6a0f96f9f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1873923/000187392326000023/0001873923-26-000023-index.htm"},{"fact_type":"material_agreement","fact_key":"07c3e399a53e9ce458eddab89e32588bfaa77509","cik":1873923,"ticker":"ONL","company_name":"Orion Properties Inc.","filed_at":"2026-01-26T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Cooperation Agreement","agreement_type":"other","counterparty":"The Kawa Fund Limited and Kawa Capital Management, Inc. (collectively, Kawa)","effective_date":"2026-01-26","item_codes_triggered":["1.01"],"value_text":null},"claim":"Orion Properties Inc. entered into Cooperation Agreement with The Kawa Fund Limited and Kawa Capital Management, Inc. (collectively, Kawa) (effective 2026-01-26).","evidence_excerpt":"On January 26, 2026, Orion Properties Inc. (the “ Company ”) entered into a cooperation agreement (the “ Cooperation Agreement ”) with The Kawa Fund Limited and Kawa Capital Management, Inc. (collectively, “ Kawa ”)","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001873923-26-000017","anchor_url":"https://secwatch.observer/filing/0001873923-26-000017#claim-07c3e399a53e9ce458eddab89e32588bfaa77509","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1873923/000187392326000017/0001873923-26-000017-index.htm"},{"fact_type":"shareholder_vote","fact_key":"85a00479c237f7a68c80596c306d04656e1f6f86","cik":1873923,"ticker":"ONL","company_name":"Orion Properties Inc.","filed_at":"2024-05-15T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-15","outcome":"passed","proposal_text":"Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024","proposal_type":"auditor_ratification","votes_abstain_text":"119,181","votes_against_text":"132,808","votes_for_text":"39,718,616"},"claim":"Orion Properties Inc. shareholders approved Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 at the 2024-05-15 meeting.","evidence_excerpt":"Proposal 2 - Ratification of the Appointment of KPMG as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2024: Votes For Votes Against Abstain Broker Non-Votes 39,718,616 132,808 119,181","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001873923-24-000065","anchor_url":"https://secwatch.observer/filing/0001873923-24-000065#claim-85a00479c237f7a68c80596c306d04656e1f6f86","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1873923/000187392324000065/0001873923-24-000065-index.htm"},{"fact_type":"shareholder_vote","fact_key":"75a9d9b35a86c84e2812aef6efb9d7bb306dd7be","cik":1873923,"ticker":"ONL","company_name":"Orion Properties Inc.","filed_at":"2024-05-15T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-15","outcome":"passed","proposal_text":"Election of Paul H. McDowell, Reginald H. Gilyard, Kathleen R. Allen, Richard J. Lieb and Gregory J. Whyte to serve on the Board of Directors","proposal_type":"director_election","votes_abstain_text":"See individual nominee vote tallies","votes_against_text":"See individual nominee vote tallies","votes_for_text":"See individual nominee vote tallies"},"claim":"Orion Properties Inc. shareholders approved Election of Paul H. McDowell, Reginald H. Gilyard, Kathleen R. Allen, Richard J. Lieb and Gregory J. Whyte to serve on the Board of Directors at the 2024-05-15 meeting.","evidence_excerpt":"Proposal 1 - Election of Directors: Nominee Votes For Votes Against Abstain Broker Non-Votes Paul H. McDowell 30,513,728 720,896 60,726 8,675,255 Reginald H. Gilyard 26,187,338 5,058,781 49,231 8,675,255 Kathleen R. Allen 30,121,548 1,114,780 59,022 8,675,255 Richard J. Lieb 30,515,046 719,275 61,029 8,675,255 Gregory J. Whyte 30,278,559 956,986 59,805 8,675,255","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001873923-24-000065","anchor_url":"https://secwatch.observer/filing/0001873923-24-000065#claim-75a9d9b35a86c84e2812aef6efb9d7bb306dd7be","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1873923/000187392324000065/0001873923-24-000065-index.htm"},{"fact_type":"earnings_release","fact_key":"be35d0b9fcb2683c876d16f59b4a92e7924002f8","cik":1873923,"ticker":"ONL","company_name":"Orion Properties Inc.","filed_at":"2024-05-08T23:59:59+00:00","payload":{"eps_text":"$(0.47) per share","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$(26.2) million","period_text":"the first quarter ended March 31, 2024","report_date":"2024-05-08","result_type":"reported_results","revenue_text":"$47.2 million"},"claim":"Orion Properties Inc. reported the first quarter ended March 31, 2024 results: revenue $47.2 million, net income $(26.2) million, EPS $(0.47) per share. Guidance reaffirmed.","evidence_excerpt":"quarter to exercise our option to extend the maturity out 18 months from November 2024 to May 2026.” First Quarter 2024 Financial and Operating Highlights • Total revenues of $47.2 million • Net loss attributable to common stockholders of $(26.2) million, or $(0.47) per share • Funds from Operations (“FFO”) of $18.4 million, or $0.33 per share • Core FFO of $20.4","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001873923-24-000060","anchor_url":"https://secwatch.observer/filing/0001873923-24-000060#claim-be35d0b9fcb2683c876d16f59b4a92e7924002f8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1873923/000187392324000060/0001873923-24-000060-index.htm"}]}