Risk factors
Franklin Street Properties (FSP) risk factors
Item 1A of every Franklin Street Properties Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors29 risks6 new8 dropped6 reworded
Franklin Street Properties entered a new $320 million credit agreement, suspended quarterly dividends, and updated geographic and tenant concentrations.
Filed Mar 09, 2026 - FY2024 10-K risk factors31 risks
Franklin Street Properties faces substantial debt refinancing and covenant risks with multiple loans and notes maturing on April 1, 2026. The company is vulnerable to tenant defaults, vacancy delays, and geographic concentration in markets like Denver and Houston. Operations are exposed to industry concentration, with 25 percent of tenants operating in energy services.
Filed Feb 11, 2025