Office Properties Income Trust (OPINL) updates on chapter 11 and new bankruptcy schedules

Rhea-AI Filing Summary

Office Properties Income Trust explains that it and certain subsidiaries are continuing to operate under chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas. The filing notes that these chapter 11 cases, which began on October 30, 2025, are intended to implement a court-supervised financial restructuring under a Restructuring Support Agreement. On December 15, 2025, the Debtors filed detailed Schedules of Assets and Liabilities and Statements of Financial Affairs, outlining their assets, liabilities, and other financial information as of the petition date and as of September 30, 2025, or as otherwise specified. The company continues to manage its properties and operate its business as a debtor-in-possession, subject to the Bankruptcy Court’s jurisdiction and the requirements of the Bankruptcy Code.

Positive

• None.

Negative

• Ongoing chapter 11 restructuring: The company and certain subsidiaries remain in voluntary chapter 11 bankruptcy cases to implement a court‑supervised financial restructuring.

Insights

Distressed credit and restructuring analyst

OPI advances its chapter 11 process by filing detailed asset and liability schedules.

Office Properties Income Trust and its subsidiaries are in ongoing chapter 11 proceedings that began on October 30, 2025. This report highlights a key procedural step: on December 15, 2025, the Debtors filed their Schedules of Assets and Liabilities and Statements of Financial Affairs, which catalog the capital structure, creditor claims, and other obligations as of the petition date and as of September 30, 2025, where applicable.

These schedules are central in restructuring processes because they provide the court and creditors with standardized disclosures of what the company owns and owes. The filing confirms that the Debtors continue to operate as debtors‑in‑possession under Bankruptcy Court oversight and the Bankruptcy Code, meaning day‑to‑day operations continue while financial affairs are reorganized.

The document also points stakeholders to public access for these materials through the claims and noticing agent’s website and the Bankruptcy Court’s system. Future developments—such as plan of reorganization filings or court approvals—will be needed to understand how recoveries for various stakeholders ultimately compare, but this step lays the factual groundwork for those later decisions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 15, 2025

OFFICE PROPERTIES INCOME TRUST

(Exact Name of Registrant as Specified in Its Charter)

Maryland

(State or Other Jurisdiction of Incorporation)

001-34364		26-4273474
(Commission File Number)		(IRS Employer Identification No.)

Two Newton Place, 255 Washington Street, Suite 300, Newton, Massachusetts	02458-1634
(Address of Principal Executive Offices)	(Zip Code)

617-219-1440

(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities Registered Pursuant to Section 12(b) of the Act:  

Title of Each Class		Trading Symbol(s)		Name of Each Exchange On Which Registered
N/A		N/A		N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

In this Current Report on Form 8-K, the terms “OPI,” “the Company,” “we,” “us,” and “our” refer to Office Properties Income Trust.

Item 7.01. Regulation FD Disclosure.

As previously disclosed, on October 30, 2025 (the “Petition Date”), OPI and certain of its subsidiaries (collectively, the “Debtors”) commenced voluntary cases (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”). The Chapter 11 Cases are being filed to implement a court-supervised financial restructuring pursuant to the terms described in that certain Restructuring Support Agreement entered into on October 30, 2025 among the Debtors and the other parties thereto. The Debtors’ Chapter 11 Cases are jointly administered under the caption “In re Office Properties Income Trust, et al.”

Schedules of Assets and Liabilities and Statements of Financial Affairs

On December 15, 2025, the Debtors filed their Schedules of Assets and Liabilities and Statements of Financial Affairs (collectively, the "Schedules and Statements") with the Bankruptcy Court. The Schedules and Statements provide detailed information regarding the Company's assets, liabilities, and financial affairs as of the Petition Date, the previous month-end close on September 30, 2025, or as otherwise specified in the Schedules and Statements. The Debtors continue to operate their businesses and manage their properties as debtors-in-possession under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court.

Copies of the Schedules and Statements are available for review and download, free of charge, on the website of the Debtors’ claims, noticing, and solicitation agent at https://restructuring.ra.kroll.com/OPI or through the Bankruptcy Court's website, for a fee, at https://ecf.txsb.uscourts.gov. The information contained on, or that may be accessed through, the websites referenced in this Current Report on Form 8-K in each case is not incorporated by reference into, and is not a part of, this Current Report on Form 8-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this current report to be signed on its behalf by the undersigned hereunto duly authorized.

	OFFICE PROPERTIES INCOME TRUST
	By:	/s/ Brian E. Donley
	Name:	Brian E. Donley
	Title:	Chief Financial Officer and Treasurer

Dated: December 18, 2025

FAQ

What did Office Properties Income Trust (OPINL) report in this 8-K?

The company reported that it and certain subsidiaries, already in chapter 11 proceedings, filed their Schedules of Assets and Liabilities and Statements of Financial Affairs on December 15, 2025. These documents detail assets, liabilities, and other financial information as of the chapter 11 petition date and as of September 30, 2025, or as otherwise specified.

Is Office Properties Income Trust (OPINL) currently in chapter 11 bankruptcy?

Yes. The filing reiterates that on October 30, 2025, Office Properties Income Trust and certain subsidiaries began voluntary chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas to pursue a court-supervised financial restructuring.

What are the Schedules of Assets and Liabilities and Statements of Financial Affairs for OPINL?

They are standardized bankruptcy disclosures that list the Debtors’ assets, liabilities, and financial affairs as of the petition date, the previous month-end close on September 30, 2025, or as otherwise specified. They help the court and creditors understand the company’s financial position.

Is Office Properties Income Trust still operating its business during the chapter 11 process?

Yes. The company states that the Debtors continue to operate their businesses and manage their properties as debtors-in-possession, under the jurisdiction of the Bankruptcy Court and in accordance with the Bankruptcy Code and applicable court orders.

Where can investors find the bankruptcy schedules for Office Properties Income Trust (OPINL)?

Copies of the Schedules of Assets and Liabilities and Statements of Financial Affairs are available free of charge on the claims, noticing, and solicitation agent’s website at https://restructuring.ra.kroll.com/OPI, and for a fee through the Bankruptcy Court’s website at https://ecf.txsb.uscourts.gov.

What agreement is guiding Office Properties Income Trust’s chapter 11 restructuring?

The filing notes that the chapter 11 process is intended to implement a financial restructuring under the terms of a Restructuring Support Agreement entered into on October 30, 2025 among the Debtors and other parties.