Net Lease Office Properties Q3 net loss $649,000; declares $1.50 special distribution
Net Lease Office Properties filed supplemental third-quarter 2026 financial information showing a net loss attributable to the company of $649,000, or $0.04 per share, on lease revenues of $5.9 million. The results included $6.5 million of real estate impairment charges, partly offset by a $5.5 million gain on property sales. In November 2026 the board declared a special cash distribution of $1.50 per share, about $22.2 million in total, payable December 1, 2026 to holders of record as of November 16, 2026.
Key points
- Q3 2026 net loss attributable to the company was $649,000 ($0.04 per share); real estate impairment charges were $6.5 million.
- AFFO attributable to the company was $3.0 million, or $0.20 per diluted share, for the quarter; FFO was $2.4 million, or $0.16 per share.
- Special cash distribution of $1.50 per share, about $22.2 million, payable December 1, 2026 to shareholders of record as of November 16, 2026.
- Occupancy was 68.9% at September 30, 2026, with 16 properties; cash and cash equivalents were $30.6 million.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.