ONL

Orion Properties Inc. ( ONL ) Q3 2026 Earnings Call November 6, 2026 10:00 AM EST Company Participants Paul Hughes - General Counsel & Secretary Paul McDowell - CEO, President & Director Gavin Brandon - Executive VP, CFO & Treasurer Christopher Day - COO & Executive VP Conference Call Participants Mitch Germain - Citizens JMP Securities, LLC, Research Division Matthew Erdner - JonesTrading Institutional Services, LLC, Research Division Presentation Operator Greetings. Welcome to Orion Properties, Inc.'s Third Quarter 2026 Financial Results.

Orion Office REIT NYSE: ONL said its first-quarter results reflected continued progress on leasing, asset sales and balance-sheet management, while its board and management continue to evaluate strategic options with advisers Wells Fargo and JPMorgan.

Orion Properties Inc. (ONL) Q1 2026 Earnings Call Transcript

Orion Properties (ONL) has resolved its critical refinancing risk, extending its revolver to 2029 and CMBS loan to 2030, improving financial flexibility. ONL is actively repositioning its portfolio away from traditional office assets toward dedicated use assets, now comprising 35.8% of annualized base rent. Despite progress, ONL faces ongoing cash flow pressure from elevated CapEx, slow declines in vacant property expenses, and a recent JV impairment.

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust (“REIT”) which owns a diversified portfolio of single-tenant net lease office properties including Dedicated Use Assets located across the United States, announced today that it will release its operating results for the first quarter 2026 after market close on Thursday, May 7, 2026. Webcast and Conference Call Information Orion will host a webcast and conferen.