Franklin Street Properties (FSP) Tops Q2 FFO by 1c
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Franklin Street Properties Corp. Announces Second Quarter 2016 Results
July 26, 2016 4:15 PM EDTWAKEFIELD, Mass.--(BUSINESS WIRE)-- Franklin Street Properties Corp. (the Company, FSP, we or our) (NYSE MKT: FSP), a real estate investment trust (REIT), announced its results for the second quarter ended June 30, 2016.
George J. Carter, Chairman and Chief Executive Officer, commented as follows:
As the third quarter begins, we continue to believe that full-year 2016 will mark the bottom of the reductive effects that our ongoing property portfolio transition is having on Funds From Operations (FFO). Our current forecast is for resumed FFO growth in 2017 propelled primarily from our projected realization of increased positive... More
