Source-grounded facts extracted from FRANKLIN STREET PROPERTIES CORP /MA/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
FRANKLIN STREET PROPERTIES CORP /MA/ reported first quarter ended March 31, 2026 results: net income $9.5 million, EPS $0.09 per basic and diluted share.
“GAAP net loss was $9.5 million, or $0.09 per basic and diluted share for the three months ended March 31, 2026.”
FRANKLIN STREET PROPERTIES CORP /MA/ incurred credit facility of up to $320,000,000 aggregate principal commitments, consisting of $275,000,000 initial term loans and up to $45,000,000 with Silver Oak Capital LLC (affiliate of TPG Credit) at 9.0% per annum (increasing to 13.0% if extension option exercised); original iss maturing February 26, 2029, with potential extension of up to one year.
“The New Credit Agreement provides for a secured credit facility (the “Credit Facility”) for aggregate principal commitments of up to $320,000,000, consisting of (i) initial term loans in an aggregate principal amount of $275,000,000 (the “Initial Term Loans”), and (ii) delayed draw term loans available upon the approval of the Lenders after the Closing Date in an aggregate principal amount of up to $45,000,000 (the “Delayed Draw Term Loans” and together with the Initial Term Loans, the “Term Loans”).”
FRANKLIN STREET PROPERTIES CORP /MA/ terminated Second Amended and Restated Credit Agreement (effective 2026-02-26).
“On February 26, 2026, in connection with the entry into the New Credit Agreement described above, the Company terminated and prepaid all outstanding indebtedness under (i) the Second Amended and Restated Credit Agreement, dated as of September 27, 2018 (as amended by the First A”
FRANKLIN STREET PROPERTIES CORP /MA/ entered into New Credit Agreement with Alter Domus (US) LLC, as administrative agent, and Silver Oak Capital LLC, an affiliate of TPG Credit (collectively, the Lenders) valued at $320,000,000 (effective 2026-02-26).
“On February 26, 2026 (the “Closing Date”), Franklin Street Properties Corp. (the “Company”) entered into a Credit Agreement (the “New Credit Agreement”) with Alter Domus (US) LLC, as administrative agent (the “Agent”), and Silver Oak Capital LLC, an affiliate of TPG Credit (collectively, the lenders from time to time party thereto, the “Lenders”).”
Brian N. Hansen departed as Director at FRANKLIN STREET PROPERTIES CORP /MA/.
“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”).”
Kenneth A. Hoxsie departed as Director at FRANKLIN STREET PROPERTIES CORP /MA/.
“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”
FRANKLIN STREET PROPERTIES CORP /MA/ shareholders approved Approve, by non-binding vote, the Company’s executive compensation at the 2024-05-16 meeting.
“The proposal to approve, by non-binding vote, the Company’s executive compensation was approved. The final number of votes cast for, against or abstaining from voting on that proposal and broker non-votes are listed below. For Against Abstain Broker Non-Votes 59,819,506 3,773,782 479,067 16,315,043”
FRANKLIN STREET PROPERTIES CORP /MA/ shareholders approved Ratify the Audit Committee’s appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 at the 2024-05-16 meeting.
“The proposal to ratify the Audit Committee’s appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 was approved. The final number of votes cast for, against or abstaining from voting on that proposal are listed below. For Against Abstain 78,668,248 1,297,626 421,524”
FRANKLIN STREET PROPERTIES CORP /MA/ shareholders approved Election of seven directors to serve until the 2025 Annual Meeting of Stockholders at the 2024-05-16 meeting.
“The following table sets forth the names of the directors elected at the 2024 Annual Meeting for a new one-year term expiring at the 2025 Annual Meeting of Stockholders and the final number of votes cast for or against each director and the number of broker non-votes.”
FRANKLIN STREET PROPERTIES CORP /MA/ reported the three months ended March 31, 2024 results: net income $7.6 million, EPS $0.07 per basic and diluted share.
“Franklin Street Properties Corp. Announces First Quarter 2024 Results”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.