Welcome to our dedicated page for Orion Properties news (Ticker: ONL), a resource for investors and traders seeking the latest updates and insights on Orion Properties stock.
Orion Properties Inc. reports developments for an internally managed REIT that owns, acquires and manages single-tenant net lease office properties and Dedicated Use Assets across the United States. Its portfolio includes traditional office, governmental, medical office, flex/laboratory, R&D and flex/industrial properties, with commercial real estate as its business segment.
Recurring Orion news covers quarterly and annual operating results, leasing activity, property acquisitions and dispositions, debt facilities, CMBS loan matters, dividend tax treatment and stockholder governance matters. Company updates also reference its history as a 2021 spin-off from Realty Income and its NYSE-listed common stock under the ONL symbol.
Orion Properties (NYSE: O, ONL) reported second quarter 2026 total revenues of $34.3 million and net income attributable to common stockholders of $24.6 million, or $0.43 per basic share, compared with a net loss of $(25.1) million a year earlier. Core FFO was $11.8 million, or $0.20 per diluted share, slightly above $11.5 million in 2025.
Year-to-date, Orion completed approximately 673,000 square feet of leasing, including 202,000 square feet in Q2 and 116,000 square feet after quarter end. The company sold four properties and the 37.4‑acre Deerfield, Illinois campus year-to-date for $83.7 million, including $70.6 million in Q2, and reduced debt obligations by $60.7 million, bringing Net Debt to Annualized Adjusted EBITDA to 5.4x.
As of June 30, 2026, Orion’s portfolio comprised 57 operating properties with Annualized Base Rent of $108.0 million, 78.1% occupancy and a weighted average remaining lease term of 6.2 years. Liquidity totaled $176.5 million. The board declared a third-quarter 2026 dividend of $0.02 per share and raised 2026 Core FFO per share guidance to $0.72–$0.77 while lowering expected Net Debt to Adjusted EBITDA to 6.0x–6.8x.
Orion Properties (NYSE: ONL) will release its second quarter 2026 operating results after market close on Thursday, August 6, 2026. Management will review the results on a webcast and conference call at 10:00 a.m. ET on Friday, August 7, 2026, accessible via the Investors section of its website.
Orion Properties (NYSE: ONL) reported Q1 2026 results on May 7, 2026: total revenues of $36.3M, net loss attributable to common stockholders of $(13.6)M (‑$0.24/share), FFO of $5.8M ($0.10/share) and Core FFO of $11.7M ($0.21/share).
Q1 operations included 355,000 sqft leased, sale of two non‑operating properties for $13.1M, subsequent property sales of $35.6M, acquisition of a 75,000 sqft property for $15.0M, a declared Q2 dividend of $0.02, and liquidity of $148.5M.
Orion Properties (NYSE: ONL) will release first quarter 2026 operating results after market close on Thursday, May 7, 2026.
The company will host a webcast and conference call at 10:00 a.m. ET on Friday, May 8, 2026, hosted by Paul McDowell (CEO) and Gavin Brandon (CFO). Live access and replays are available via the Investors section at onlreit.com/investors. Conference call replay runs from 1:00 p.m. ET on May 8 through 11:59 p.m. ET on May 22, 2026; passcode 13759241.
Orion Properties (NYSE: ONL) reported fourth-quarter and full-year 2025 results, highlighting portfolio transformation, leasing activity and liquidity actions. Total 2025 revenues were $147.6M with Core FFO of $43.7M and Net Debt to Adjusted EBITDA of 6.79x. The company completed 924,000 sq ft of leasing in 2025, sold 10 properties for $80.7M, acquired a 75,000 sq ft dedicated use asset for $15.0M post-year end, extended and restructured its revolver and CMBS loan, and declared a $0.02 quarterly dividend for Q1 2026.
Orion Properties (NYSE: ONL) entered a new $215 million senior secured revolving credit facility and extended a $355 million CMBS loan, materially lengthening debt maturities and preserving liquidity. The revolver matures Feb 18, 2029 with two six-month extensions and lowers margin to SOFR+2.75%.
The CMBS loan maturity is extended to Aug 2030 at a fixed 4.971%, with principal amortization and lender cash sweeps; company liquidity after the transactions was approximately $119.9 million.
Orion Properties (NYSE: ONL) announced the income tax classification of its 2025 common stock dividends. The company reports four 2025 payments: $0.10 paid Jan 15, 2025 and three quarterly payments of $0.02 paid Apr 15, Jul 15, and Oct 15, 2025. Each payment is shown as $0.00 for Ordinary Dividends (Box 1a) and Capital Gain Distribution (Box 2a) and as Nondividend Distributions (Box 3) for the full amount. Stockholders are advised to consult tax advisors. The dividend declared in November 2025 and paid in January 2026 will be reported on 2026 tax forms.
Orion Properties (NYSE:O) announced a strategic options review to evaluate potential mergers, acquisitions, a sale, or remaining independent. The Board directed management and outside financial and legal advisors to run a process to identify actionable alternatives designed to maximize stockholder value, but made no assurance that any transaction will occur and set no timetable for completion.
Orion also signed a Cooperation Agreement with The Kawa Fund, under which Kawa withdrew its 2026 board nominations and agreed to standstill, voting and confidentiality commitments, and may participate in the review on substantially the same terms as other third parties. Wells Fargo and J.P. Morgan are financial advisors; Hunton Andrews Kurth is legal counsel.
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Orion (NYSE: ONL) announced on November 26, 2025 that a director nomination notice submitted by The Kawa Fund Limited ("Kawa") is invalid because it failed to meet several requirements in Orion's bylaws, including proof that Kawa is a record holder of common stock.
The Board said Kawa's notice lacked other required disclosures, including substantive plans for the company, and therefore Kawa is not entitled to nominate candidates for election at the 2026 annual meeting. Orion said no stockholder action is required now and that it will announce the meeting date and file proxy materials with the SEC in due course.