Office Properties Income Trust $OPI

What the company doesAI summary of filing

Office Properties Income Trust is a real estate investment trust organized under Maryland law that owns and leases office properties to tenants across the United States. As of December 31, 2025, the company owned 122 properties containing approximately 17.1 million rentable square feet located in 29 states and the District of Columbia, leased to 212 different tenants, with the U.S. government representing approximately 17.2% of annualized rental income. The company generates revenue by leasing office space to government agencies, corporations, and other organizations at various rental rates, with a weighted average remaining lease term of 6.6 years. The company is currently in Chapter 11 bankruptcy proceedings and has substantial doubt about its ability to continue as a going concern, with liquidity constrained by declining office demand, increased remote work arrangements, tenant consolidations, and challenging market conditions, particularly in concentrated markets like Washington, D.C. [10-K 2026-05-22]