NLOP pays $6.75/share special distribution; portfolio reduced to 20 properties with $27M ABR

Net Lease Office Properties

Paid $6.75/share special distribution on Feb 17, 2026 (~$100M); total distributions since formation $19.39/share (~$287M).
Sold 39 properties since spin-off for $777M gross proceeds; remaining portfolio: 20 properties, $27M ABR.
Debt reduced: repaid $455M in JPM loans; remaining mortgage debt $22M at 7.0% weighted avg rate.
Leasing activity: 7.0 yr WALT on renewals/extensions, 91.9% rent recapture on 1.2M sq ft.
Total shareholder return of 213.1% from Nov 2023 to Feb 2026.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.