---
schema_version: "secwatch.filing_event.v1"
accession: "0001873923-25-000129"
form_type: "8-K"
ticker: "ONL"
cik: "0001873923"
company_name: "Orion Properties Inc."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-17T00:01:17.982294+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Orion Properties Q3 net loss widens to $(69.0)M; raises 2025 Core FFO guidance to $0.74-$0.76

## Summary
- Net loss $(69.0)M ($(1.23)/share) vs $(10.2)M ($(0.18)/share) in Q3 2024.
- Core FFO $11.0M ($0.19/diluted) vs $12.0M ($0.21) YoY.
- Leased 303K sq ft in Q3; year-to-date 919K sq ft.
- Sold three properties in Q3 for $21.8M; post-quarter one for $15.7M plus $2.6M lease termination.
- Declared Q4 dividend $0.02/share; improved guidance: Core FFO $0.74-$0.76, leverage 6.7x-7.2x.

## SEC filing metadata
- accession: 0001873923-25-000129
- form_type: 8-K
- ticker: ONL
- cik: 0001873923
- company_name: Orion Properties Inc.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1873923/000187392325000129/0001873923-25-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1873923/000187392325000129/onl-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001873923-25-000129
- JSON: https://secwatch.observer/filing/0001873923-25-000129.json
- Plain text: https://secwatch.observer/filing/0001873923-25-000129.txt

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