Richard J. Pinola
each of Jason E. Fox, Axel K. A. Hansing, Jean Hoysradt and Richard J. Pinola were appointed to serve as trustees of the Board
Highest-materiality recent filing
NLOP pays $6.75/share special distribution; portfolio reduced to 20 properties with $27M ABR
Paid $6.75/share special distribution on Feb 17, 2026 (~$100M); total distributions since formation $19.39/share (~$287M).
NLOP sells KBR-leased Houston office building for $66M, net proceeds $65.4M
Sold 1,064,788 sq ft building to unaffiliated third party for $66M contractual price; net proceeds ~$65.4M.
NLOP updates portfolio: 32 properties with $73M ABR, $525M dispositions, debt fully repaid
Since spin-out in Nov 2023, sold 27 properties for $525M; fully repaid $455M debt and issued special cash distributions.
NLOP discloses pro forma losses post-spin from WPC; EPS ($3.39) for FY22
Pro forma net loss of $27.8M for nine months ended Sep 30, 2023; basic EPS ($1.90).
Distribution: 1 NLOP share per 15 WPC shares; effective 5:01 pm ET Nov 1; regular-way trading starts Nov 2 on NYSE.
Net Lease Office Properties to spin off from W. P. Carey on Nov 1; one NLOP share per 15 WPC shares
Distribution of NLOP common shares by WPC expected on November 1, 2023.
NLOP spin-off from W.P. Carey cleared by SEC; distribution expected Nov 1, 2023
SEC declared effective NLOP's registration statement on Oct 6, 2023, allowing distribution.
each of Jason E. Fox, Axel K. A. Hansing, Jean Hoysradt and Richard J. Pinola were appointed to serve as trustees of the Board
each of Jason E. Fox, Axel K. A. Hansing, Jean Hoysradt and Richard J. Pinola were appointed to serve as trustees of the Board
each of Jason E. Fox, Axel K. A. Hansing, Jean Hoysradt and Richard J. Pinola were appointed to serve as trustees of the Board
each of Jason E. Fox, Axel K. A. Hansing, Jean Hoysradt and Richard J. Pinola were appointed to serve as trustees of the Board
Max materiality 0.90 · Median 0.50 · Most common event other_material