{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-005857","form_type":"8-K","ticker":"FSP","cik":"0001031316","company_name":"FRANKLIN STREET PROPERTIES CORP /MA/","filed_at":"2025-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.210500+00:00","generated_at":"2026-05-23T03:19:49.848257+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"FSP reports Q1 GAAP net loss of $21.4M; FFO $2.7M; occupancy slips to 69.2%","bullets":["GAAP net loss $21.4M ($0.21/share); FFO $2.7M ($0.03/share) for Q1 2025.","Directly-owned portfolio 69.2% leased (down from 70.3% Q4 2024); leased 60K sq ft in renewals.","Total debt $250M, down 75% from $1.0B since Dec 2020; marketing ~1M sq ft for disposition.","Quarterly dividend maintained at $0.01/share; net income and disposition guidance suspended.","Weighted avg GAAP rent $29.64/sq ft (+3.4% YoY); average lease term 5.2 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-005857","json":"https://secwatch.observer/filing/0001558370-25-005857.json","markdown":"https://secwatch.observer/filing/0001558370-25-005857.md","text":"https://secwatch.observer/filing/0001558370-25-005857.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1031316/000155837025005857/0001558370-25-005857-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1031316/000155837025005857/fsp-20250429x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T03:19:49.848257+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"}