secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN STREET PROPERTIES CORP /MA/ (FSP)
CIK:        0001031316
Form:       8-K
Filed at:   2026-07-28T20:25:13+00:00
Accession:  0001104659-26-087553
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FSP reports Q2 2026 net loss of $16.6M; dividend suspended, strategic review expanded
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- GAAP net loss of $16.6M ($0.16/share) for Q2 2026; FFO of $1.6M ($0.02/share).
- Dividend suspended in March 2026, preserving ~$4.1M annually; no reinstatement announced.
- Sold Greenwood Plaza (CO) on July 8 for $19.4M; used $8.5M to repay debt.
- Portfolio leased 67.4% at June 30, down from 68.9% at Dec 31, 2025.
- Expanded strategic review with BofA Securities and JLL as co-advisors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031316/000110465926087553/0001104659-26-087553-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031316/000110465926087553/fsp-20260728x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-087553

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer