Added to YB: 2025-08-01
Pitch date: 2025-07-29
FSP [bullish]
Franklin Street Properties Corp.
-55.47%
current return
Author Info
Clark Street Value is a special sits/event-driven investor. Sign up for the newsletter.
Company Info
Franklin Street Properties Corp. is focused on infill and central business district (CBD) office properties in the U.
Market Cap
$78.5M
Pitch Price
$1.71
Price Target
2.39 (+214%)
Dividend
5.28%
EV/EBITDA
9.14
P/E
-1.70
EV/Sales
2.70
Sector
Office REITs
Category
special_situation
Franklin Street Properties: Office Basket, Strategic Alternatives
FSP: Office REIT with $180M market cap, 14 sunbelt + Denver/Minneapolis office buildings at 69% occupancy. Official strategic alternatives announced May after years of informal liquidation ($1B sold). Management owns 10%. Risk: process fails, slow liquidation continues. Price target $2.39 (36% upside).
Read full article (2 min)