Franklin Street Properties Corp.

Franklin Street Properties Corp. (FSP) reported a net loss of $45.0 million for fiscal year 2025, driven by total revenues of $107.2 million against total expenses of $140.0 million. The company generated $3.8 million in net cash from operating activities, but experienced a net decrease in cash of $12.1 million due to $10.3 million used in investing activities and $5.6 million used in financing activities. Key factors impacting the loss included a $12.9 million loss on sale of properties and impairment of assets held for sale, and $24.7 million in interest expense. The company's balance sheet shows total assets of $892.9 million, with real estate assets net of $793.7 million, total liabilities of $285.9 million, and stockholders' equity of $607.0 million. As a REIT focused on commercial office properties, FSP owned 14 properties as of December 31, 2025.

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