---
schema_version: "secwatch.filing_event.v1"
accession: "0001873923-22-000037"
form_type: "8-K"
ticker: "ONL"
cik: "0001873923"
company_name: "Orion Properties Inc."
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:56:51.956066+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Orion Office REIT Q1 2022: Core FFO $0.49/shr, revenue $53.2M, net loss $9.9M

## Summary
- Total revenue $53.2M; net loss $(9.9)M or $(0.17) EPS; Core FFO $28.0M or $0.49/shr.
- Portfolio occupancy 88.3%, WALT 4.1 years, 67% of ABR from investment-grade tenants.
- Leased 178K sq ft (extensions/expansions) in TX and GA; agreed to sell three properties for $13M.
- Board declared Q2 dividend $0.10/shr, payable July 15, 2022, to holders of record June 30.
- FY2022 guidance: Core FFO $1.66-$1.74/shr; G&A $17-18M; Net debt/Adj. EBITDA 4.7x-5.5x.

## SEC filing metadata
- accession: 0001873923-22-000037
- form_type: 8-K
- ticker: ONL
- cik: 0001873923
- company_name: Orion Properties Inc.
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1873923/000187392322000037/0001873923-22-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1873923/000187392322000037/onl-20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001873923-22-000037
- JSON: https://secwatch.observer/filing/0001873923-22-000037.json
- Plain text: https://secwatch.observer/filing/0001873923-22-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.