Professional
Added to YB: 2026-02-10
Pitch date: 2026-02-03
NLOP [neutral]
Net Lease Office Properties
+2.72%
current return
Author Info
Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.
Company Info
Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 37 high-quality office properties, totaling approximately 5.
Market Cap
$293.3M
Pitch Price
$12.77
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.11
P/E
-1.62
EV/Sales
2.64
Sector
Office REITs
Category
special_situation
Alluvial Fund Portfolio Holding: Net Lease Office Properties
NLOP (holding update): Accelerating liquidation pace, targeting completion by end-2026. Recent property sales at disappointing prices but current share price at large discount to remaining asset value. Feb $6.75/share distribution returns entire cost basis, demonstrating power of buying deeply discounted real estate.
Read full article (1 min)