Highest-materiality recent filing
All five director nominees elected: Jennifer Bitterman received 53.3M for, highest; Dennis McGillicuddy 44.9M for.
FSP Q1 GAAP net loss $9.5M ($0.09/sh); dividend suspended
GAAP net loss $9.5M ($0.09 per share) for Q1 2026; FFO $1.2M ($0.01/sh).
Franklin Street Properties reports Q4 net loss $7.3M, suspends dividend
GAAP net loss of $45.0M for full year 2025; Q4 loss $7.3M ($0.07 per share).
FSP closes $320M secured credit facility, refinances $249M debt, extends maturity to 2029
Initial draw of $258.5M (net of $16.5M OID) refinances $248.9M of existing debt under BMO, BofA, and note purchase agreements.
GAAP net loss $0.08 per share in Q3; portfolio occupancy down to 68.9%
GAAP net loss $8.3M ($0.08/sh) for Q3; FFO $2.3M ($0.02/sh).
Director Schanzer resigns; Bitterman appointed; Converium cooperation extended through Dec 2026
Bruce Schanzer resigned from board effective Oct 9, 2025; no disagreement with company.
FSP reports Q2 2025 GAAP net loss of $7.9M; portfolio leasing slips to 69.1%
GAAP net loss $7.9M ($0.08/diluted share) for Q2; FFO of $2.5M ($0.02/share).
Franklin Street Properties shareholders elect all six directors at 2025 annual meeting
Directors elected: George J. Carter (73M for), Georgia Murray (71.9M), John N. Burke (71.6M), Dennis J. McGillicuddy (71.8M), Bruce J. Schanzer (73.8M), Milton P. Wilkins Jr. (73.0M).
FSP reports Q1 GAAP net loss of $21.4M; FFO $2.7M; occupancy slips to 69.2%
GAAP net loss $21.4M ($0.21/share); FFO $2.7M ($0.03/share) for Q1 2025.
Director Brian N. Hansen will not stand for re-election at FSP's 2025 annual meeting
Brian N. Hansen notified the board on March 7, 2025 of his decision not to stand for re-election.
Director Kenneth A. Hoxsie to not stand for re-election at FSP 2025 annual meeting
Kenneth A. Hoxsie notified FSP on Feb 14, 2025, he will not stand for re-election at the 2025 annual meeting set for May 15, 2025.
FSP reports Q4 GAAP net loss of $8.5M; portfolio occupancy down to 70.3%
GAAP net loss of $8.5M ($0.08/diluted share) for Q4 2024; full-year loss $52.7M ($0.51/share).
Franklin Street Properties expands board to 8, appoints Bruce Schanzer under cooperation pact
Cooperation agreement with Converium Capital and Erez Asset Management effective Nov 27, 2024.
FSP Q3 2024 GAAP net loss $15.6M; occupancy falls to 70.4%; continues asset sales
GAAP net loss of $15.6M ($0.15/sh) and $44.2M ($0.43/sh) for 3 and 9 months ended Sep 30, 2024.
FSP Q2 2024 net loss $21.0M; leases 72.3% occupied; sells VA property for $31M
GAAP net loss $21.0M ($0.20/sh) for Q2 2024; FFO $3.7M ($0.04/sh).
FSP shareholders elect seven directors, ratify auditor, approve say-on-pay at 2024 annual meeting
All seven director nominees elected: George Carter 61.9M for, Georgia Murray 60.0M for, etc. Broker non-votes 16.3M.
FSP posts Q1 net loss of $7.6M, occupancy slips to 73.3%; debt reduced by $102M
GAAP net loss $7.6M ($0.07/sh); FFO $4.2M ($0.04/sh).
On March 7, 2025, Mr. Brian N. Hansen, a member of our Board of Directors (the “Board”), notified us of his decision not to stand for re-election at our upcoming 2025 annual meeting of stockholders scheduled for May 15, 2025 (the “2025 Annual Meeting”).
On February 14, 2025, Mr. Kenneth A. Hoxsie, a member of our Board of Directors (the “Board”), notified us of his decision not to stand for re-election at our upcoming 2025 annual meeting of stockholders scheduled for May 15, 2025
Max materiality 0.85 · Median 0.70 · Most common event earnings