An announcement from Net Lease Office Properties ( (NLOP) ) is now available.
On February 27, 2025, Net Lease Office Properties released unaudited supplemental financial information for the fourth quarter of 2024. The company reported a net loss of $35.8 million, or $2.42 per diluted share, despite generating revenues of $27.7 million. The financial update highlighted the full repayment of a $335 million senior secured mortgage loan and ongoing management of a $120 million mezzanine loan. The company’s equity market capitalization stood at $462.3 million, with total consolidated debt amounting to $169.2 million, reflecting a debt-to-gross assets ratio of 17.7%.
More about Net Lease Office Properties
Net Lease Office Properties operates in the real estate investment trust (REIT) industry, focusing on net lease office properties. The company provides financial services related to leasing and managing office properties, with a market focus on the United States.
YTD Price Performance: 4.27%
Average Trading Volume: 140,915
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $469.7M
See more data about NLOP stock on TipRanks’ Stock Analysis page.
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