Articles from Office Properties Income Trust

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its fourth quarter 2024 financial results after the Nasdaq closes on Thursday, February 13, 2025. On Friday, February 14, 2025 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) today announced that the characterization of dividends for 2024 income tax reporting purposes is as follows:

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on January 27, 2025 and distributed on or about February 20, 2025.

Office Properties Income Trust (Nasdaq: OPI) today announced that it closed a series of property sales for an aggregate sales price of $114.5 million, excluding closing costs, in the fourth quarter of 2024. The sold properties include 17 unencumbered properties consisting of approximately 1,791,000 square feet and a gross book value of $255.6 million as of September 30, 2024. On a combined basis, these properties were 44% occupied with a weighted average remaining lease term of 2.3 years and generated trailing twelve months net operating income of approximately $17.8 million and cash basis net operating income of approximately $19.4 million. As of December 31, 2024, OPI is under agreement to sell six additional properties consisting of approximately 581,000 square feet for an aggregate sales price of $54.8 million, excluding closing costs.

Office Properties Income Trust (Nasdaq: OPI) (“OPI”) today announced it has consummated the previously announced private exchange of a portion of its 4.50% senior unsecured notes due 2025 (the “2025 Notes”) for: (i) approximately $445 million of new 3.25% senior secured notes due 2027 (the “2027 Notes”), (ii) cash for accrued interest on the exchanged 2025 Notes up to but not including the closing date, (iii) approximately 11.5 million shares of OPI common stock, and (iv) premiums totaling $25.0 million. Following the exchange, which will directly or indirectly account for $340 million of 2025 Notes, OPI intends to repurchase, redeem or repay the remaining $113.1 million of outstanding 2025 Notes prior to the February 1, 2025 maturity date.

Office Properties Income Trust (Nasdaq: OPI) (“OPI”) announced it has entered into an exchange agreement (“Exchange Agreement”) providing for a private exchange (the “Exchange”) with certain members of an ad hoc group of noteholders holding a significant amount of OPI’s $453.6 million outstanding senior unsecured notes due 2025 (the “2025 Notes”) to refinance up to $340 million of the 2025 Notes. OPI intends to repurchase, redeem or repay the remaining $113.6 million of outstanding senior unsecured notes due 2025 with cash in connection with the consummation of the Exchange. The Exchange is expected to close before year end 2024.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Results section of OPI’s website at https://www.opireit.com/investors/financial-information/default.aspx.

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.01 per common share ($0.04 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on October 28, 2024 and distributed on or about November 14, 2024.

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its third quarter 2024 financial results after the Nasdaq closes on Wednesday, October 30, 2024. On Thursday, October 31, 2024 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended June 30, 2024, which can be found at the Quarterly Results section of OPI’s website at https://www.opireit.com/investors/financial-information/default.aspx.

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares to $0.01 per common share ($0.04 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on July 22, 2024 and distributed on or about August 15, 2024.

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its second quarter 2024 financial results after the Nasdaq closes on Wednesday, July 31, 2024. On Thursday, August 1, 2024 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) (“OPI”) today announced the final results for the previously announced private exchange offers (as amended, the “Exchange Offers”) to exchange its outstanding senior unsecured notes due 2025 (the “Existing 2025 Notes”), 2026 (the “Existing 2026 Notes”), 2027 (the “Existing 2027 Notes”) and 2031 (the “Existing 2031 Notes”, and together with the Existing 2025 Notes, Existing 2026 Notes and the Existing 2027 Notes, the “Existing Notes”) for new 9.000% Senior Secured Notes due 2029 (the “New Notes”) and related guarantees pursuant to the terms and conditions set forth in an Offering Memorandum, dated as of May 1, 2024 (the “Offering Memorandum”), as amended by OPI’s press releases dated May 20, 2024, May 23, 2024 and June 10, 2024.

Office Properties Income Trust (Nasdaq: OPI) (“OPI”) today announced certain amendments to its previously announced private exchange offers (as amended, the “Second Amended Exchange Offers”) to exchange its outstanding senior unsecured notes due 2025 (the “Existing 2025 Notes”), 2026 (the “Existing 2026 Notes”), 2027 (the “Existing 2027 Notes”) and 2031 (the “Existing 2031 Notes”, and together with the Existing 2025 Notes, Existing 2026 Notes and the Existing 2027 Notes, the “Existing Notes”) for new 9.000% Senior Secured Notes due 2029 (the “New Notes”) and related guarantees pursuant to the terms and conditions set forth in an offering memorandum, dated as of May 1, 2024, as previously amended by OPI’s May 20, 2024 press release.

Office Properties Income Trust (Nasdaq: OPI) (“OPI”) today announced that it has entered into a Support Agreement, dated June 10, 2024 (the “Support Agreement”), with certain holders (together, the “Supporting Noteholders”) of its Existing Notes (as defined below) with respect to its previously announced private exchange offers (as extended as set forth in this press release, the “Amended Exchange Offers”) to exchange its outstanding senior unsecured notes due 2025 (the “Existing 2025 Notes”), 2026 (the “Existing 2026 Notes”), 2027 (the “Existing 2027 Notes”) and 2031 (the “Existing 2031 Notes”, and together with the Existing 2025 Notes, Existing 2026 Notes and the Existing 2027 Notes, the “Existing Notes”) for new 9.000% Senior Secured Notes due 2029 (the “New Notes”) and related guarantees pursuant to the terms and conditions set forth in an Offering Memorandum, dated as of May 1, 2024, as amended by this press release and as previously amended by OPI’s press releases dated May 20, 2024 and May 23, 2024 (collectively, the “Offering Memorandum”). OPI also announced the extension of the expiration date of the Amended Exchange Offers. Except as described in this press release, all terms and conditions in the Offering Memorandum as previously amended remain unchanged.

Office Properties Income Trust (Nasdaq: OPI) (“OPI”) today announced certain amendments to its previously announced private exchange offers (as amended, the “Amended Exchange Offers”) to exchange its outstanding senior unsecured notes due 2025 (the “Existing 2025 Notes”), 2026 (the “Existing 2026 Notes”), 2027 (the “Existing 2027 Notes”) and 2031 (the “Existing 2031 Notes”, and together with the Existing 2025 Notes, Existing 2026 Notes and the Existing 2027 Notes, the “Existing Notes”) for new 9.000% Senior Secured Notes due 2029 (the “New Notes”) and related guarantees pursuant to the terms and conditions set forth in an Offering Memorandum, dated as of May 1, 2024 (the “Offering Memorandum”).

Office Properties Income Trust (Nasdaq: OPI) “(“OPI”) today announced that it is offering noteholders the option to exchange their outstanding senior unsecured notes due 2025, 2026, 2027 and 2031 for new 9.000% Senior Secured Notes due 2029 and related guarantees pursuant to the terms and conditions set forth in an Offering Memorandum dated as of May 1, 2024 (the “Offering Memorandum”).

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended March 31, 2024, which can be found at the Quarterly Results section of OPI’s website at https://www.opireit.com/investors/financial-information/default.aspx.

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares to $0.01 per common share ($0.04 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on April 22, 2024 and distributed on or about May 16, 2024.

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its first quarter 2024 financial results after the Nasdaq closes on Wednesday, May 1, 2024. On Thursday, May 2, 2024 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) today announced that it received the 2024 ENERGY STAR® Partner of the Year Award for the seventh consecutive year. OPI was also recognized as an ENERGY STAR® Partner of the Year Sustained Excellence honoree for the fifth consecutive year. Currently, 41 buildings in OPI’s portfolio are ENERGY STAR certified.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended December 31, 2023, which can be found at the Quarterly Results section of OPI’s website at https://www.opireit.com/investors/financial-information/default.aspx.

Office Properties Income Trust (Nasdaq: OPI) today announced that it has consummated the offering of $300 million aggregate principal amount of 9.000% senior secured notes due 2029. The notes are guaranteed by certain of OPI’s subsidiaries and secured by first-priority liens on 17 office properties with a gross carrying value of approximately $574 million and a pledge of the equity interests of the subsidiary guarantors. The net proceeds from this transaction, after initial purchaser discounts and offering costs, are approximately $272 million and will be used, together with borrowings under OPI's secured revolving credit facility, to redeem OPI's 4.250% Senior Unsecured Notes due 2024 (the "2024 Notes").

Office Properties Income Trust (Nasdaq: OPI) today announced that it has priced $300 million aggregate principal amount of 9.000% senior secured notes due 2029. The closing is expected to occur on February 12, 2024, subject to the satisfaction of customary closing conditions. The new notes will be guaranteed by certain of OPI’s subsidiaries and secured by first-priority liens on 17 office properties with a gross carrying value of approximately $574 million and a pledge of the equity interests of the subsidiary guarantors. The net proceeds from the offering, after initial purchaser discounts and estimated offering costs, are expected to be approximately $272 million and will be used, together with borrowings under OPI's secured revolving credit facility, to redeem OPI's 4.250% Senior Unsecured Notes due 2024 (the "2024 Notes").

Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities. The maturity date of the Facilities is January 29, 2027. OPI has a one-year extension option for the $325 million secured revolving credit facility, subject to the payment of an extension fee and satisfaction of certain other customary conditions. Interest paid on the Facilities is at a rate of SOFR plus a margin of 3.50%. The Facilities are secured by 19 office properties with a gross carrying value of $942 million. The Facilities replace OPI’s previous $750 million unsecured revolving credit facility that was scheduled to mature on January 31, 2024. OPI currently has $232 million outstanding on the Facilities and $193 million available for borrowing.

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its fourth quarter 2023 financial results after the Nasdaq closes on Thursday, February 15, 2024. On Friday, February 16, 2024 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Yael Duffy and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) today announced that the characterization of dividends for 2023 income tax reporting purposes is as follows:

Office Properties Income Trust (Nasdaq: OPI) today announced that OPI’s Board of Trustees has reduced OPI’s regular quarterly cash distribution on its common shares to $0.01 per common share ($0.04 per share per year). OPI’s cash distribution on its common shares last quarter was $0.25 per common share ($1.00 per share per year) and the cash distribution on its common shares in Q1 2023 was $0.55 per common share ($2.20 per share per year).

Office Properties Income Trust (Nasdaq: OPI) today announced that Yael Duffy has been appointed President and Chief Operating Officer, effective January 1, 2024.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended September 30, 2023, which can be found at the Quarterly Results section of OPI’s website at https://www.opireit.com/investors/financial-information/default.aspx.

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.25 per common share ($1.00 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on October 23, 2023 and distributed on or about November 16, 2023.

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its third quarter 2023 financial results after the Nasdaq closes on Monday, October 30, 2023. On Tuesday, October 31, 2023 at 10:00 a.m. Eastern Time, President and Chief Executive Officer Christopher Bilotto and Chief Financial Officer and Treasurer Brian Donley will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) today announced that Christopher Bilotto has been appointed President and Chief Executive Officer and Brian Donley has been appointed Chief Financial Officer and Treasurer, both effective October 1, 2023.

Office Properties Income Trust (Nasdaq: OPI) today announced that it has closed two mortgage loans totaling $69.2 million of gross proceeds. In aggregate to date, OPI has closed in excess of $177 million in mortgage loans with a combined total loan to value ratio of approximately 51% and a combined implied capitalization rate based on the aggregate appraised value for the collateral properties of 6.9%.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended June 30, 2023, which can be found at the Quarterly Results section of OPI’s website at https://www.opireit.com/investors/financial-information/default.aspx.

Office Properties Income Trust (Nasdaq: OPI) (“OPI” or the “Company”) today filed its definitive proxy statement with the Securities and Exchange Commission (“SEC”) in connection with its pending merger with Diversified Healthcare Trust (Nasdaq: DHC) (“DHC”).  The Company also today announced that the OPI Board of Trustees (the “Board”) has scheduled a Special Meeting of Shareholders (the “Special Meeting”) to be held on Wednesday, August 30, 2023, at 10:00 a.m. Eastern Time for OPI in connection with OPI’s pending merger with DHC.  OPI shareholders of record at close on June 16, 2023, will be eligible to vote at the Special Meeting.  

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.25 per common share ($1.00 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on July 24, 2023 and distributed on or about August 17, 2023.

Office Properties Income Trust (Nasdaq: OPI) today announced that it has closed an additional three mortgage loans totaling $77.4 million of gross proceeds, further implementing its financing strategy to complete its previously announced merger with Diversified Healthcare Trust (Nasdaq: DHC). In aggregate to date, OPI has closed in excess of $108 million in mortgage loans with a combined total loan to value ratio of over 52% and a combined implied capitalization rate based on the aggregate appraised value for the collateral properties of 7.5%.

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its second quarter 2023 financial results after the Nasdaq closes on Wednesday, July 26, 2023. On Thursday, July 27, 2023 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) today announced that it has commenced the implementation of its financing strategy for its merger with Diversified Healthcare Trust (Nasdaq: DHC) with the closing of a $30.7 million loan secured by a 266,000 square foot, 100% government occupied property located in Landover, Maryland. This non-recourse, 10-year CMBS loan carries an all-in fixed interest rate of 7.21% with five years of interest-only payments followed by five years of amortization on a 30-year amortization period. The loan to value ratio on the financing is nearly 50% and the implied capitalization rate based on the appraised value is 6.2%.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended March 31, 2023, which can be found at the Quarterly Results section of OPI’s website at https://www.opireit.com/investors/financial-information/default.aspx.

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its first quarter 2023 financial results after the Nasdaq closes on Wednesday, April 26, 2023. On Thursday, April 27, 2023 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) today announced that OPI’s Board of Trustees has reduced OPI’s regular quarterly cash distribution on its common shares to $0.25 per common share ($1.00 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on April 24, 2023 and distributed on or about May 18, 2023.

Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a definitive merger agreement with Diversified Healthcare Trust (Nasdaq: DHC), pursuant to which OPI will acquire all of the outstanding common shares of DHC in an all-share transaction. OPI will be the surviving entity in the merger and expects to change its name to “Diversified Properties Trust” upon the closing of the transaction and to continue to trade on The Nasdaq Stock Market LLC. The transaction was unanimously recommended by special committees of the respective Board of Trustees of OPI and DHC comprised of independent, disinterested trustees, and unanimously approved by the respective Board of Trustees.

Office Properties Income Trust (Nasdaq: OPI) today announced that it received the 2023 ENERGY STAR® Partner of the Year Award for the sixth consecutive year. OPI was also recognized as an ENERGY STAR® Partner of the Year Sustained Excellence honoree for the fourth consecutive year. Currently, 43 buildings in OPI’s portfolio are ENERGY STAR certified.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended December 31, 2022.

Office Properties Income Trust (Nasdaq: OPI) today announced that the characterization of dividends for 2022 income tax reporting purposes is as follows:

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its fourth quarter 2022 financial results after the Nasdaq closes on Wednesday, February 15, 2023. On Thursday, February 16, 2023 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on January 23, 2023 and distributed on or about February 16, 2023.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended September 30, 2022.

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on October 24, 2022 and distributed on or about November 17, 2022.

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its third quarter 2022 financial results after the Nasdaq closes on Thursday, October 27, 2022. On Friday, October 28, 2022 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended June 30, 2022.

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on July 25, 2022 and distributed on or about August 18, 2022.

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its second quarter 2022 financial results after the Nasdaq closes on Thursday, July 28, 2022. On Friday, July 29, 2022 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) announced the results of its 2022 Annual Meeting of Shareholders, which was held earlier today, as follows.

Office Properties Income Trust (Nasdaq: OPI) today announced that President and Chief Operating Officer Chris Bilotto and Chief Financial Officer and Treasurer Matt Brown will be presenting at Nareit’s REITweek: 2022 Investor Conference in New York, NY on Wednesday, June 8, 2022 at 8:45 a.m. Eastern Time.

Office Properties Income Trust (Nasdaq: OPI) announced it has been selected as a Gold Level 2022 Green Lease Leader by the U.S. Department of Energy’s (DOE) Better Buildings Alliance and the Institute for Market Transformation. Launched in 2014, Green Lease Leaders sets national standards for what constitutes a green lease, while recognizing landlords and tenants who modernize their leases to spur collaborative action on energy efficiency, cost-savings, air quality, and sustainability in buildings.

Office Properties Income Trust (Nasdaq: OPI) today announced that President and Chief Operating Officer Chris Bilotto and Chief Financial Officer and Treasurer Matt Brown will be participating in meetings with investors at the 22nd Annual B. Riley Securities Institutional Investor Conference in Beverly Hills, CA on Wednesday, May 25th, 2022. For additional information or to schedule a one-on-one meeting with OPI management, please contact your B. Riley Securities representative.

Office Properties Income Trust (Nasdaq: OPI) today announced that it received the 2022 ENERGY STAR® Partner of the Year Sustained Excellence Award for its outstanding leadership in energy management. This is the fifth consecutive year that OPI has achieved Partner of the Year recognition and the third consecutive year OPI has earned the Sustained Excellence designation in the Energy Management category. Currently, 47 buildings in OPI’s portfolio are ENERGY STAR certified.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended March 31, 2022.

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on April 25, 2022 and distributed on or about May 19, 2022.

Office Properties Income Trust (Nasdaq: OPI) today announced that it has elected Mark Talley to its Board of Trustees as an Independent Trustee, effective immediately. With the addition of Mr. Talley, OPI’s Board now includes nine Trustees, consisting of approximately 78% Independent Trustees, 44% women and 11% members of underrepresented communities.

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its first quarter 2022 financial results after the Nasdaq closes on Thursday, April 28, 2022. On Friday, April 29, 2022 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) today announced that it was named one of the fastest growing middle market companies in Massachusetts by the Boston Business Journal (BBJ) in its 2022 Middle Market Leaders ranking. OPI ranked 29th on the list, which incorporates the BBJ’s analysis of revenue growth of companies with revenue between $25 million and $1 billion for 2018, 2019 and 2020. This is the third consecutive year that OPI appears on the list.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended December 31, 2021.

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its fourth quarter 2021 financial results after the Nasdaq closes on Wednesday, February 16, 2022. On Thursday, February 17, 2022 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq: OPI) today announced that the characterization of dividends for 2021 income tax reporting purposes is as follows:

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on January 24, 2022 and distributed on or about February 17, 2022.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended September 30, 2021.

Office Properties Income Trust (Nasdaq: OPI) today announced a regular quarterly cash distribution on its common shares of $0.55 per common share ($2.20 per share per year). This distribution will be paid to OPI’s common shareholders of record as of the close of business on October 25, 2021 and distributed on or about November 18, 2021.

Office Properties Income Trust (Nasdaq: OPI) announced today that it has amended its business management agreement with The RMR Group LLC, or RMR LLC, a majority-owned subsidiary of The RMR Group Inc. (Nasdaq RMR), to replace the benchmark index used in the calculation of incentive management fees. Pursuant to the amendment, for periods beginning on and after August 1, 2021, the MSCI U.S. REIT/Office REIT index will replace the discontinued SNL U.S. REIT Office Index and be used to calculate benchmark returns per share for purposes of determining any incentive management fee payable by OPI to RMR LLC. For periods prior to August 1, 2021, the SNL U.S. REIT Office Index will continue to be used.

Office Properties Income Trust (Nasdaq: OPI) today announced that it will issue a press release containing its third quarter 2021 financial results after the Nasdaq closes on Thursday, October 28, 2021.  On Friday, October 29, 2021 at 10:00 a.m. Eastern Time, President and Chief Operating Officer Christopher Bilotto and Chief Financial Officer and Treasurer Matthew Brown will host a conference call to discuss these results.

Office Properties Income Trust (Nasdaq:OPI) today announced that it has priced an underwritten public offering of $350 million of 2.400% senior notes due 2027 (“Notes”). The settlement of this offering is expected to occur on August 13, 2021, subject to customary closing conditions.

Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended June 30, 2021.