{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-001709","form_type":"8-K","ticker":"FSP","cik":"0001031316","company_name":"FRANKLIN STREET PROPERTIES CORP /MA/","filed_at":"2024-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.159926+00:00","generated_at":"2026-06-05T14:20:00.050540+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Franklin Street Properties posts net loss of $48.1M for 2023; sells three properties for $151M, repays $102M debt","bullets":["GAAP net loss $48.1M ($0.47/share) for 2023; Q4 net income $3.6M ($0.03/share). FFO $30.0M ($0.29/share) full year.","Q4 sold One Legacy (Plano, TX) $48M and Blue Lagoon (Miami, FL) $68M; Jan 2024 sold Collins Crossing (Richardson, TX) $35M. Total $151M.","Feb 21, 2024 repaid $102M debt; amended all debt facilities to extend maturity to April 1, 2026. Remaining debt $303M. Cash after $39.2M.","Portfolio 74% leased (down from 75.6%); leased 706k sqft in 2023 (228k new). Dividend $0.01/share.","Guidance suspended due to uncertainty around timing and proceeds of dispositions."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-001709","json":"https://secwatch.observer/filing/0001558370-24-001709.json","markdown":"https://secwatch.observer/filing/0001558370-24-001709.md","text":"https://secwatch.observer/filing/0001558370-24-001709.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1031316/000155837024001709/0001558370-24-001709-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1031316/000155837024001709/fsp-20240226x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T14:20:00.050540+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}