Franklin Street Properties reports Q4 net loss $7.3M, suspends dividend

FRANKLIN STREET PROPERTIES CORP /MA/

GAAP net loss of $45.0M for full year 2025; Q4 loss $7.3M ($0.07 per share).
FFO of $11.0M for full year ($0.11 per share); Q4 FFO $3.4M.
Portfolio occupancy fell to 68.9% from 70.3% year-over-year; leased 413,000 sq ft.
Board suspends quarterly dividend, preserving ~$4.1M cash annually; reassessment quarterly.
Closed $320M secured credit facility with TPG Credit affiliate; repaid ~$249M debt.

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