Form 8-K
8-K — OFFICE PROPERTIES INCOME TRUST
Accession: 0001104659-26-070541
Filed: 2026-06-04
Period: 2026-05-29
CIK: 0001456772
SIC: 6500 (REAL ESTATE)
Item: Results of Operations and Financial Condition
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — tm2616542d1_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2616542d1_ex99-1.htm)
EX-99.2 — EXHIBIT 99.2 (tm2616542d1_ex99-2.htm)
GRAPHIC (tm2616542d1_ex99-1img001.jpg)
GRAPHIC (tm2616542d1_ex99-1img002.jpg)
GRAPHIC (tm2616542d1_ex99-1img003.jpg)
GRAPHIC (tm2616542d1_ex99-1img004.jpg)
GRAPHIC (tm2616542d1_ex99-1img005.jpg)
GRAPHIC (tm2616542d1_ex99-1img006.jpg)
GRAPHIC (tm2616542d1_ex99-1img007.jpg)
GRAPHIC (tm2616542d1_ex99-1img008.jpg)
GRAPHIC (tm2616542d1_ex99-1img009.jpg)
GRAPHIC (tm2616542d1_ex99-1img010.jpg)
GRAPHIC (tm2616542d1_ex99-1img011.jpg)
GRAPHIC (tm2616542d1_ex99-1img012.jpg)
GRAPHIC (tm2616542d1_ex99-1img013.jpg)
GRAPHIC (tm2616542d1_ex99-1img014.jpg)
GRAPHIC (tm2616542d1_ex99-1img015.jpg)
GRAPHIC (tm2616542d1_ex99-1img016.jpg)
GRAPHIC (tm2616542d1_ex99-1img017.jpg)
GRAPHIC (tm2616542d1_ex99-1img018.jpg)
GRAPHIC (tm2616542d1_ex99-1img019.jpg)
GRAPHIC (tm2616542d1_ex99-1img020.jpg)
GRAPHIC (tm2616542d1_ex99-1img021.jpg)
GRAPHIC (tm2616542d1_ex99-1img022.jpg)
GRAPHIC (tm2616542d1_ex99-1img023.jpg)
GRAPHIC (tm2616542d1_ex99-2img001.jpg)
GRAPHIC (tm2616542d1_ex99-2img002.jpg)
GRAPHIC (tm2616542d1_ex99-2img003.jpg)
GRAPHIC (tm2616542d1_ex99-2img004.jpg)
GRAPHIC (tm2616542d1_ex99-2img005.jpg)
GRAPHIC (tm2616542d1_ex99-2img006.jpg)
GRAPHIC (tm2616542d1_ex99-2img007.jpg)
GRAPHIC (tm2616542d1_ex99-2img008.jpg)
GRAPHIC (tm2616542d1_ex99-2img009.jpg)
GRAPHIC (tm2616542d1_ex99-2img010.jpg)
GRAPHIC (tm2616542d1_ex99-2img011.jpg)
GRAPHIC (tm2616542d1_ex99-2img012.jpg)
GRAPHIC (tm2616542d1_ex99-2img013.jpg)
GRAPHIC (tm2616542d1_ex99-2img014.jpg)
GRAPHIC (tm2616542d1_ex99-2img015.jpg)
GRAPHIC (tm2616542d1_ex99-2img016.jpg)
GRAPHIC (tm2616542d1_ex99-2img017.jpg)
GRAPHIC (tm2616542d1_ex99-2img018.jpg)
GRAPHIC (tm2616542d1_ex99-2img019.jpg)
GRAPHIC (tm2616542d1_ex99-2img020.jpg)
GRAPHIC (tm2616542d1_ex99-2img021.jpg)
GRAPHIC (tm2616542d1_ex99-2img022.jpg)
GRAPHIC (tm2616542d1_ex99-2img023.jpg)
GRAPHIC (tm2616542d1_ex99-2img024.jpg)
GRAPHIC (tm2616542d1_ex99-2img025.jpg)
GRAPHIC (tm2616542d1_ex99-2img026.jpg)
GRAPHIC (tm2616542d1_ex99-2img027.jpg)
GRAPHIC (tm2616542d1_ex99-2img028.jpg)
GRAPHIC (tm2616542d1_ex99-2img029.jpg)
GRAPHIC (tm2616542d1_ex99-2img030.jpg)
GRAPHIC (tm2616542d1_ex99-2img031.jpg)
GRAPHIC (tm2616542d1_ex99-2img032.jpg)
GRAPHIC (tm2616542d1_ex99-2img033.jpg)
GRAPHIC (tm2616542d1_ex99-2img034.jpg)
GRAPHIC (tm2616542d1_ex99-2img035.jpg)
GRAPHIC (tm2616542d1_ex99-2img036.jpg)
GRAPHIC (tm2616542d1_ex99-2img037.jpg)
GRAPHIC (tm2616542d1_ex99-2img038.jpg)
GRAPHIC (tm2616542d1_ex99-2img039.jpg)
GRAPHIC (tm2616542d1_ex99-2img040.jpg)
GRAPHIC (tm2616542d1_ex99-2img041.jpg)
GRAPHIC (tm2616542d1_ex99-2img042.jpg)
GRAPHIC (tm2616542d1_ex99-2img043.jpg)
GRAPHIC (tm2616542d1_ex99-2img044.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — FORM 8-K
8-K (Primary)
Filename: tm2616542d1_8k.htm · Sequence: 1
false
0001456772
0001456772
2026-05-29
2026-05-29
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
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):
May 29, 2026
OFFICE PROPERTIES INCOME TRUST
(Exact name of registrant as specified in its charter)
Maryland
001-34364
26-4273474
(State or other jurisdiction of
incorporation)
(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)
N/A
(Former name or former address, if changed since last report)
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 (this “Current
Report”), the terms the “Company,” “we,” “us,” and “our” refer to Office Properties
Income Trust.
Item 2.02. Results of Operations and Financial
Condition.
On June 4, 2026, the Company
issued a presentation of supplemental information for the three months ended March 31, 2026. A copy of the Company’s presentation
is furnished as Exhibit 99.1 hereto.
Item 7.01. Regulation FD Disclosure.
The disclosure set forth above under Item 2.02
of this Current Report on Form 8-K is incorporated by reference herein.
As previously reported, on
October 30, 2025, the Company and its debtor affiliates (collectively, the “Debtors”) each commenced with
the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) a voluntary case
(collectively, the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy
Code”). The Chapter 11 Cases are jointly administered under the caption In re Office Properties Income Trust, et
al., Case No. 25-90530.
Monthly Operating Reports
On May 29, 2026, the Debtors
filed their Monthly Operating Reports (the “MORs”) with the Bankruptcy Court. The MORs provide financial and
operational information regarding the Company’s performance during the period of April 1, 2026 through April 30, 2026. 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.
The Company’s MOR is
attached as Exhibit 99.2. Copies of the MORs and other filings with the Bankruptcy Court related to the Chapter 11 Cases 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.
Cautionary Statement Regarding the MORs
The Company cautions investors
and potential investors not to place undue reliance upon the information contained in the MORs, which were not prepared for the purpose
of providing the basis for an investment decision relating to any of the securities of the Company. The MORs are limited in scope, cover
a limited time period, and have been prepared solely for the purpose of complying with the reporting requirements of the Bankruptcy Court.
The MORs were not audited or reviewed by independent accountants, were not prepared in accordance with generally accepted accounting principles,
are in a format prescribed by applicable bankruptcy rules and guidelines, and are subject to future adjustment and reconciliation. There
can be no assurance that, from the perspective of an investor or potential investor in the Company’s securities, the MORs are complete.
The MORs also contain information for periods which are shorter or otherwise different from those required in the Company’s reports
pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and such information might
not be indicative of the Company’s financial condition or operating results for the periods that would be reflected in the Company’s
financial statements or in its reports pursuant to the Exchange Act. Results and projections set forth in the MORs should not be viewed
as indicative of future results.
Cautionary Note Concerning Forward Looking
Statements
This Current Report contains
statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other
securities laws. Also, whenever we use words such as “believe,” “expect,” “anticipate,” “intend,”
“plan,” “estimate,” “will,” “may,” and negatives or derivatives of these or similar expressions,
we are making forward-looking statements. These forward-looking statements are based upon our present intent, beliefs, or expectations,
but forward-looking statements are not guaranteed to occur and may not occur. Actual results may differ materially from those contained
in or implied by our forward-looking statements as a result of various factors. These forward-looking statements include, among others,
statements about the process and potential outcomes of the Chapter 11 Cases. Forward-looking statements are based on the Company’s
current expectations, assumptions, and estimates and are subject to risk, uncertainties, and other important factors that are difficult
to predict and that could cause actual results to differ materially and adversely from those expressed or implied. These risks include,
among others, those related to: the Company’s ability to consummate the plan of reorganization confirmed by the Bankruptcy Court;
the duration and outcome of the Chapter 11 Cases; the Company suffering from a long and protracted restructuring; the impact of the Chapter
11 Cases on the Company’s operations, reputation, and relationships with tenants, lenders, and vendors; the Company having insufficient
liquidity; the availability of financing; the ability to satisfy the conditions precedent to the restructuring support agreement entered
into in connection with the Chapter 11 Cases; the effectiveness of the overall restructuring activities pursuant to the Chapter 11 Cases
and any additional strategies that the Company may employ to address its liquidity and capital resources and achieve its stated goals;
and the Company’s historical financial information not being indicative of its future performance as a result of the Chapter 11
Cases.
The information contained
in the Company’s filings with the Securities and Exchange Commission (the “SEC”), including under the
caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and subsequent
filings with the SEC, or incorporated herein or therein, identifies other important factors that could cause differences from our forward-looking
statements. The Company’s filings with the SEC are available on the SEC’s website at www.sec.gov.
You should not place undue
reliance upon the Company’s forward-looking statements.
Except as required by law,
we do not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit No.
Description of Exhibit
99.1
Supplemental Information dated June 4, 2026.
99.2
Office Properties Income Trust Monthly Operating Report for the period
of April 1, 2026 through April 30, 2026.
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this 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: June 4, 2026
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2616542d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
Supplemental Information
June 4, 2026
Exhibit 99.1
Q1 2026 2
Table of Contents
PORTFOLIO INFORMATION
Summary Same Property Results................................................................................................................................................ 4
Occupancy and Leasing Summary............................................................................................................................................. 5
Tenant Diversity and Credit Characteristics ............................................................................................................................. 6
Tenants Representing 1% or More of Total Annualized Rental Income ............................................................................. 7
Lease Expiration Schedule........................................................................................................................................................... 8
Capital Expenditures Summary .................................................................................................................................................. 9
Property Dispositions.................................................................................................................................................................... 10
Investment in Unconsolidated Joint Venture........................................................................................................................... 11
APPENDIX
Calculation and Reconciliation of NOI and Cash Basis NOI.................................................................................................. 13
Reconciliation and Calculation of Same Property NOI and Same Property Cash Basis NOI.......................................... 14
Property Details (by Collateral Pool).......................................................................................................................................... 15
Non-GAAP Financial Measures and Certain Definitions........................................................................................................ 22
WARNING CONCERNING FORWARD-LOOKING STATEMENTS....................................................................................................... 23
Corporate Headquarters:
Two Newton Place
255 Washington Street, Suite 300
Newton, Massachusetts 02458-1634
www.opireit.com
Investor Relations Contact:
Kevin Barry, Senior Director
(617) 219-1410
kbarry@opireit.com
ir@opireit.com
All amounts in this presentation are unaudited.
Unless otherwise noted, all data presented in this
presentation excludes two properties, which are
encumbered by a $48.9 million mortgage note,
owned by an unconsolidated joint venture in which
OPI owns a 51% interest. See page 11 for
information regarding this joint venture and its
related mortgage note.
Please refer to Non-GAAP Financial Measures and
Certain Definitions for terms used throughout this
presentation.
RETURN TO TABLE OF CONTENTS Q1 2026 3
Portfolio Information
RETURN TO TABLE OF CONTENTS Q1 2026 4
For the Three Months Ended
3/31/2026 3/31/2025
Properties (end of period) 117 117
Rentable sq. ft. 16,350 16,355
Percent leased 81.3% 85.4%
Rental income $ 99,742 $ 103,899
Same Property NOI $ 55,398 $ 60,482
Same Property Cash Basis NOI $ 52,646 $ 52,904
Same Property NOI % margin 55.5% 58.2%
Same Property Cash Basis NOI % margin 54.2% 54.9%
Same Property NOI % change (8.4%)
Same Property Cash Basis NOI % change (0.5%)
Summary Same Property Results
(dollars and sq. ft. in thousands)
Houston, TX
RETURN TO TABLE OF CONTENTS Q1 2026 5
As of and for the Three Months Ended
3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
Properties (end of period) 122 122 124 125 125
Rentable sq. ft. 17,113 17,113 17,214 17,270 17,274
Percentage leased 78.2% 78.2% 78.3% 81.2% 81.3%
Leasing Activity (Sq. Ft.):
New leases 35 49 51 138 50
Renewals 177 104 131 278 173
Total 212 153 182 416 223
% Change in GAAP Rent: (1)
New leases 12.1% (15.9%) (26.7%) 8.5% (3.5%)
Renewals 8.8% (19.7%) (11.6%) 5.2% 19.3%
Total 9.3% (18.6%) (16.7%) 6.4% 13.5%
Weighted Average Lease Term by Sq. Ft. (years):
New leases 1.6 7.5 4.7 4.7 10.3
Renewals 5.1 7.9 4.2 5.8 10.3
Total 4.5 7.8 4.3 5.4 10.3
Leasing Cost and Concession Commitments:
New leases $ 513 $ 1,084 $ 1,217 $ 6,050 $ 3,788
Renewals 4,003 5,664 1,292 1,924 6,835
Total $ 4,516 $ 6,748 $ 2,509 $ 7,974 $ 10,623
Leasing Cost and Concession Commitments per Sq. Ft.:
New leases $ 14.73 $ 21.75 $ 23.90 $ 44.00 $ 75.50
Renewals $ 22.67 $ 54.88 $ 9.81 $ 6.93 $ 39.47
Total $ 21.36 $ 44.09 $ 13.74 $ 19.21 $ 47.56
Leasing Cost and Concession Commitments per Sq. Ft. per Year:
New leases $ 9.24 $ 2.88 $ 5.10 $ 9.34 $ 7.33
Renewals $ 4.48 $ 6.91 $ 2.33 $ 1.20 $ 3.83
Total $ 4.76 $ 5.64 $ 3.16 $ 3.53 $ 4.62
(1) Percent difference in prior rents charged for same
space or, in the case of space acquired vacant,
market rental rates for similar space in the building
at the date of acquisition. Rents include estimated
recurring expense reimbursements paid to us,
exclude lease value amortization and are net of
lease concessions.
Occupancy and Leasing Summary
(dollars and sq. ft. in thousands, except per sq. ft. data)
This leasing summary is based on leases entered
during the periods indicated.
RETURN TO TABLE OF CONTENTS Q1 2026 6
Investment Grade
60.1%
Not Rated
33.0%
Non-Investment
Grade
6.9%
Percentage of Total Annualized Rental Income
Tenant Credit Characteristics
(
4
)
(3)
Tenant Industry
Tenant Diversity and Credit Characteristics
As of March 31, 2026
U.S. Government: 17.5%
Technology &
Communications: 15.3%
Real Estate &
Legal & Other Financial: 14.9%
Professional
Services: 13.6%
Manufacturing &
Transportation: 13.5%
Government
Contractors: 8.9%
State and
Municipalities:
8.6%
Other: 4.5%
Life Sciences and
Medical: 3.2%
RETURN TO TABLE OF CONTENTS Q1 2026 7
Tenant Credit Rating Sq. Ft.
% of Leased
Sq. Ft.
Annualized
Rental Income
% of Total
Annualized
Rental Income
1 U.S. Government Investment Grade 2,415 18.1% $ 67,840 17.5%
2 Alphabet Inc. (Google) Investment Grade 386 2.9% 21,753 5.6%
3 IG Investments Holdings LLC Not Rated 337 2.5% 18,659 4.8%
4 Bank of America Corporation Investment Grade 577 4.3% 17,076 4.4%
5 Shook, Hardy & Bacon L.L.P. Not Rated 412 3.1% 13,638 3.5%
6 Northrop Grumman Corporation Investment Grade 337 2.5% 10,706 2.8%
7 State of California Investment Grade 367 2.7% 10,330 2.7%
8 State of Georgia Investment Grade 308 2.3% 8,135 2.1%
9 Sonoma Biotherapeutics, Inc. Not Rated 84 0.6% 7,492 1.9%
10 Genesys Cloud Services Holdings I, LLC Non Investment Grade 275 2.1% 6,297 1.6%
11 Automatic Data Processing, Inc. Investment Grade 289 2.2% 6,285 1.6%
12 Compass Group plc Investment Grade 267 2.0% 6,122 1.6%
13 Church & Dwight Co., Inc. Investment Grade 250 1.9% 6,055 1.6%
14 Leidos Holdings Inc. Investment Grade 159 1.2% 5,823 1.5%
15 AT&T Inc. Investment Grade 425 3.2% 5,751 1.5%
16 Primerica, Inc. Investment Grade 344 2.6% 5,730 1.5%
17 Science Applications International Corp Non Investment Grade 159 1.2% 5,118 1.3%
18 Rocky Mountain University of Health Professions, Inc. Not Rated 170 1.3% 4,523 1.2%
19 CommScope Holding Company Inc. Non Investment Grade 96 0.7% 4,507 1.2%
20 Hartford Financial Services Group Inc Investment Grade 143 1.1% 4,424 1.1%
21 Berkshire Hathaway Inc. Investment Grade 134 1.0% 4,255 1.1%
22 BAE Systems plc Investment Grade 139 1.0% 3,920 1.0%
8,073 60.5% $ 244,439 63.1%
Tenants Representing 1% or More of Total Annualized Rental Income
As of March 31, 2026
(dollars and sq. ft. in thousands)
RETURN TO TABLE OF CONTENTS Q1 2026 8
Year (1)
Number of
Leases
Expiring
Leased Square
Feet
Expiring
% of Total
Leased
Square Feet
Expiring
Cumulative
% of Total
Leased
Square Feet
Expiring
Annualized
Rental Income
Expiring
% of Total
Annualized
Rental Income
Expiring
Cumulative
% of Total
Annualized
Rental Income
Expiring
2026 33 369 2.8% 2.8% $ 12,202 3.1% 3.1%
2027 35 1,818 13.6% 16.4% 48,454 12.5% 15.6%
2028 18 512 3.8% 20.2% 27,103 7.0% 22.6%
2029 39 1,091 8.2% 28.4% 33,068 8.5% 31.1%
2030 31 1,060 7.9% 36.3% 32,126 8.3% 39.4%
2031 29 1,629 12.2% 48.5% 38,670 10.0% 49.4%
2032 16 605 4.5% 53.0% 18,546 4.8% 54.2%
2033 15 1,258 9.4% 62.4% 24,775 6.4% 60.6%
2034 12 1,789 13.4% 75.8% 48,971 12.6% 73.2%
2035 and thereafter 34 3,244 24.2% 100.0% 104,383 26.8% 100.0%
Total 262 13,375 100.0% $ 388,298 100.0%
Weighted average remaining
lease term (in years) 6.4 6.4
(1) The year of lease expiration is pursuant to current contract terms.
Lease Expiration Schedule
As of March 31, 2026
(dollars and sq. ft. in thousands)
Atlanta, GA
RETURN TO TABLE OF CONTENTS Q1 2026 9
For the Three Months Ended
3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
Lease related costs $ 8,458 $ 15,624 $ 4,257 $ 8,830 $ 10,727
Building improvements 2,350 2,292 3,922 4,327 3,011
Recurring capital expenditures 10,808 17,916 8,179 13,157 13,738
Development, redevelopment and other activities 109 (262) 598 565 83
Total capital expenditures $ 10,917 $ 17,654 $ 8,777 $ 13,722 $ 13,821
Average rentable sq. ft. during period 17,113 17,164 17,242 17,272 17,519
Building improvements per average sq. ft. during period $ 0.14 $ 0.13 $ 0.23 $ 0.25 $ 0.17
Capital Expenditures Summary
(dollars and sq. ft. in thousands, except per sq. ft. data)
Capital Expenditures Summary
San Jose, CA
RETURN TO TABLE OF CONTENTS Q1 2026 10
Dispositions:
Date Sold Location
Number of
Properties Sq. Ft. Gross Sales Price
Gross Sales Price
Per Sq. Ft.
7/8/2025 Detroit, MI 1 56 $ 2,150 $ 38.39
12/19/2025 Tempe, AZ 2 101 11,038 109.29
Total 3 157 $ 13,188 $ 84.00
Property Dispositions
Since July 1, 2025
(dollars and sq. ft. in thousands, except per sq. ft. data)
RETURN TO TABLE OF CONTENTS Q1 2026 11
Unconsolidated Joint Venture:
Joint Venture
OPI
Ownership OPI Investment
Number of
Properties Location Sq. Ft. Occupancy
Weighted Average
Remaining Lease Term (1)
Prosperity Metro Plaza 51% $ 17,075 2 Fairfax, VA 346 89.8% 4.6 years
(1) Lease term is weighted based on annualized
rental income.
(2) Includes the effect of mark to market accounting.
(3) Reflects OPI's proportionate share of the
principal debt balance based on its ownership
percentage of the joint venture; none of the debt
is recourse to OPI.
(4) Reflects OPI's proportionate share of operating
results based on its ownership percentage of the
joint venture.
(5) Includes interest expense, net of other income.
(6) OPI's unconsolidated joint venture reports rental
income on a straight line basis over the terms of
the respective leases; accordingly, rental income
includes non-cash straight line rent adjustments.
Rental income also includes expense
reimbursements, tax escalations, parking
revenues, service income and other fixed and
variable charges paid to the unconsolidated joint
venture by its tenants, as well as the net effect of
non-cash amortization of intangible lease assets
and liabilities.
Investment in Unconsolidated Joint Venture
As of March 31, 2026
(dollars and sq. ft. in thousands)
Results of Operations - Prosperity Metro Plaza:
(4)
For the Three Months Ended
March 31, 2026
Equity in losses $ 110
Depreciation and amortization 582
Other expenses, net (5) 236
NOI 928
Non-cash straight line rent adjustments included in rental income (6) (86)
Cash Basis NOI $ 842
Outstanding Unconsolidated Debt:
Joint Venture
OPI
Ownership
Interest
Rate (2)
Maturity
Date Principal Balance Annual Debt Service
Principal Balance at
Maturity
OPI Share of
Principal Balance (3)
Prosperity Metro Plaza 51% 4.090% 12/1/2029 $ 48,877 $ 2,833 $ 45,246 $ 24,927
RETURN TO TABLE OF CONTENTS Q1 2026 12
Appendix
RETURN TO TABLE OF CONTENTS Q1 2026 13
For the Three Months Ended
3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
Calculation of NOI and Cash Basis NOI:
Rental income $ 108,868 $ 105,315 $ 109,127 $ 114,499 $ 113,615
Property operating expenses (52,455) (43,980) (52,105) (49,031) (52,230)
NOI 56,413 61,335 57,022 65,468 61,385
Non-cash straight line rent adjustments included in rental income (1,936) (4,832) (4,750) (6,636) (6,856)
Lease value amortization included in rental income (140) (140) (140) (159) (123)
Lease termination fees included in rental income (655) (817) (1,179) (582) (559)
Non-cash amortization included in other operating expenses (13) (13) (13) (13) (13)
Cash Basis NOI $ 53,669 $ 55,533 $ 50,940 $ 58,078 $ 53,834
Reconciliation of Net (Loss) Income to NOI and Cash Basis NOI:
Net loss $ (93,021) $ (118,982) $ (66,339) $ (41,186) $ (45,867)
Equity in net (losses) earnings of investees (110) (90) 115 128 252
Income tax (benefit) expense (146) 146 (261) 94 137
Loss before income tax (benefit) expense and equity in net (losses) earnings of investees (93,277) (118,926) (66,485) (40,964) (45,478)
Reorganization items, net 59,532 78,333 — — —
Net loss (gain) on early extinguishment of debt — — 354 (148) 243
Interest expense 42,207 44,310 53,259 52,507 53,378
Interest and other income (431) (394) (802) (788) (1,162)
Loss (gain) on sale of real estate — (5,488) (6) (159) 4,737
General and administrative 4,299 4,591 4,964 4,816 5,058
Transaction related costs — 14,735 22,904 3,940 876
Loss (gain) on impairment of real estate — (378) — 2,426 —
Depreciation and amortization 44,083 44,552 42,834 43,838 43,733
NOI 56,413 61,335 57,022 65,468 61,385
Non-cash amortization included in other operating expenses (13) (13) (13) (13) (13)
Lease termination fees included in rental income (655) (817) (1,179) (582) (559)
Lease value amortization included in rental income (140) (140) (140) (159) (123)
Non-cash straight line rent adjustments included in rental income (1,936) (4,832) (4,750) (6,636) (6,856)
Cash Basis NOI $ 53,669 $ 55,533 $ 50,940 $ 58,078 $ 53,834
Calculation and Reconciliation of NOI and Cash Basis NOI
(dollars in thousands)
RETURN TO TABLE OF CONTENTS Q1 2026 14
For the Three Months Ended
3/31/2026 3/31/2025
Reconciliation of NOI to Same Property NOI:
Rental income $ 108,868 $ 113,615
Property operating expenses (52,455) (52,230)
NOI 56,413 61,385
Less: NOI of properties not included in same property results (1,015) (903)
Same Property NOI $ 55,398 $ 60,482
Calculation of Same Property Cash Basis NOI:
Same Property NOI $ 55,398 $ 60,482
Add: Lease value amortization included in rental income (140) (170)
Less: Non-cash straight line rent adjustments included in rental income (1,852) (6,745)
Lease termination fees included in rental income (655) (559)
Non-cash amortization included in property operating expenses (105) (104)
Same Property Cash Basis NOI $ 52,646 $ 52,904
Reconciliation and Calculation of Same Property NOI and Same Property Cash Basis NOI
(dollars in thousands)
Seattle, WA
RETURN TO TABLE OF CONTENTS Q1 2026 15
Property Detail (by Collateral Pool)
As of March 31, 2026
(dollars and sq. ft. in thousands)
Number
of
Properties Sq. Ft.
Sq. Ft.
Expiring
Through
December
31st, 2026 Occupancy
Weighted
Average
Remaining
Lease Term
Annualized
Rental
Income
Trailing
Twelve
Months
NOI
Trailing
Twelve
Months
Cash Basis
NOI
Unspent
Leasing
Related
Obligations
Gross Book
Value of Real
Estate Assets
Encumbered Properties (1)
Credit Agreement
2235 Iron Point Road, Folsom, CA 1 96 — 100.0% 3.6 $ 2,895 $ 2,311 $ 2,449 $ — $ 14,138
4560 Viewridge Avenue, San Diego, CA 1 93 — 100.0% 5.2 3,524 2,326 2,380 — 28,961
440 First Street, NW, Washington, D.C. 1 142 22 82.9% 6.1 7,942 4,442 3,870 17 94,276
180 Ted Turner Drive SW, Atlanta, GA 1 91 — 100.0% 11.4 3,695 2,132 1,256 — 37,640
600 West Peachtree Street NW, Atlanta, GA 1 387 3 94.8% 3.6 9,820 5,730 6,243 323 71,440
1000 West Fulton Market, Chicago, IL 1 545 — 92.9% 3.2 27,939 15,420 14,912 — 364,228
2020 S. Arlington Heights, Arlington Heights, IL 1 58 — 100.0% 14.8 1,682 1,040 1,132 — 18,784
2555 Grand Boulevard, Kansas City, MO 1 596 — 69.2% 7.9 13,638 7,408 6,816 7,417 98,394
2300 Yorkmont Road, Charlotte, NC 1 151 17 100.0% 4.2 3,498 2,136 2,297 — 26,267
2400 Yorkmont Road, Charlotte, NC 1 133 — 100.0% 4.8 3,054 1,702 1,844 — 15,939
14668 Lee Road, Chantilly, VA 1 170 — 97.5% 13.1 5,847 4,134 3,836 — 58,223
14672 Lee Road, Chantilly, VA 1 159 — 100.0% 1.1 5,118 3,674 3,883 — 47,828
1751 Blue Hills Drive, Roanoke, VA 1 399 — 100.0% 7.5 2,168 1,768 1,800 — 15,431
45101 Warp Drive, Sterling, VA 1 161 — 100.0% 8.4 5,114 3,394 3,476 — 33,670
45201 Warp Drive, Sterling, VA 1 88 — 100.0% 8.4 2,806 1,840 1,887 — 18,748
45301 Warp Drive, Sterling, VA 1 88 — 100.0% 8.4 2,786 1,841 1,883 401 50,817
2420 Stevens Center Place, Richland, WA 1 93 — 100.0% 7.5 2,565 1,636 1,403 — 16,699
2430 Stevens Center Place, Richland, WA 1 47 — 100.0% 7.5 1,304 771 653 — 9,222
5353 Yellowstone Road, Cheyenne, WY 1 106 — 92.9% 14.7 2,590 1,745 1,104 75 15,066
Credit Agreement 19 3,603 42 92.3% 6.1 107,985 65,450 63,124 8,233 1,035,771
(1) For more information on OPI's debt agreements and encumbrances, see OPI's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 which is available on the SEC's website at www.sec.gov.
RETURN TO TABLE OF CONTENTS Q1 2026 16
Property Detail (by Collateral Pool)
As of March 31, 2026
(dollars and sq. ft. in thousands)
Number
of
Properties Sq. Ft.
Sq. Ft.
Expiring
Through
December
31st, 2026 Occupancy
Weighted
Average
Remaining
Lease Term
Annualized
Rental
Income
Trailing
Twelve
Months
NOI
Trailing
Twelve
Months
Cash Basis
NOI
Unspent
Leasing
Related
Obligations
Gross Book
Value of Real
Estate Assets
$445M Senior Notes due 2027
2115 O'Nel Drive, San Jose, CA 1 99 — 100.0% 7.7 2,908 2,482 3,029 1,483 24,357
2544 Campbell Place, Carlsbad, CA 1 45 — 100.0% 6.3 1,259 650 155 1,109 6,911
47131 Bayside Parkway, Fremont, CA 1 101 — 100.0% 11.8 3,230 2,548 23 — 18,407
11 Dupont Circle, NW, Washington, D.C. 1 159 — 74.7% 6.2 7,198 4,638 3,212 103 110,259
1401 K Street, NW, Washington, D.C. 1 130 8 57.7% 4.5 3,981 1,231 1,394 — 84,974
20 Massachusetts Avenue NW, Washington, D.C. (1) 1 188 — —% — — 2,238 2,636 — 283,916
625 Indiana Avenue, NW, Washington, D.C. 1 165 60 94.7% 5.5 7,724 4,386 4,249 — 64,310
8900 Grand Oak Circle, Tampa, FL 1 68 — 100.0% 5.9 2,066 1,103 1,108 — 15,550
100 North Washington Street, Boston, MA 1 49 8 33.7% 1.3 641 14 37 121 27,606
126-132 North Washington Street, Boston, MA 1 13 8 100.0% 0.6 396 55 55 — 11,865
25 Newport Avenue Extension, Quincy, MA 1 93 1 100.0% 5.2 2,480 1,143 1,098 — 16,988
251 Causeway Street, Boston, MA 1 141 — —% — — (1,502) (1,516) — 30,850
10320 Little Patuxent Parkway, Columbia, MD 1 155 2 47.6% 3.4 2,331 590 665 139 31,978
2009-2011 Commerce Park Drive, Annapolis, MD 1 51 — 100.0% 11.1 1,822 1,209 1,083 — 11,622
4201 Patterson Avenue, Baltimore, MD 1 85 85 100.0% — 1,270 703 694 — 12,121
520 Gaither Road, Rockville, MD 1 139 — 100.0% 5.9 3,920 2,194 2,481 4,604 46,252
530 Gaither Road, Rockville, MD 1 216 98 100.0% 2.5 6,991 4,028 3,282 340 60,762
534 Gaither Road, Rockville, MD 1 3 — 100.0% 10.7 23 (21) (21) — 608
540 Gaither Road, Rockville, MD 1 131 — 61.2% 3.3 2,409 831 1,218 — 35,194
(1) Sq. Ft. excludes 240 square feet under a hotel management agreement.
RETURN TO TABLE OF CONTENTS Q1 2026 17
Property Detail (by Collateral Pool)
As of March 31, 2026
(dollars and sq. ft. in thousands)
Number
of
Properties Sq. Ft.
Sq. Ft.
Expiring
Through
December
31st, 2026 Occupancy
Weighted
Average
Remaining
Lease Term
Annualized
Rental
Income
Trailing
Twelve
Months
NOI
Trailing
Twelve
Months
Cash Basis
NOI
Unspent
Leasing
Related
Obligations
Gross Book
Value of Real
Estate Assets
$445M Senior Notes due 2027 - Continued
6315 Hillside Court, Columbia, MD 1 44 — 19.6% 2.2 178 (38) (27) — 6,009
7001 Columbia Gateway Drive, Columbia, MD 1 117 — 69.5% 4.3 2,493 1,061 1,098 957 31,670
4241 NE 34th Street, Kansas City, MO 1 88 — 100.0% 4.5 2,048 839 830 — 12,112
299 Jefferson Road, Parsippany, NJ 1 151 — —% — — (854) (854) — 20,497
10b Airline Drive, Colonie, NY 1 64 — 100.0% 4.9 917 552 594 34 10,879
1212 Pittsford - Victor Road, Pittsford, NY 1 55 — 100.0% 3.8 1,169 536 525 — 4,573
8800 Tinicum Boulevard, Philadelphia, PA 1 441 — —% — — (2,721) (2,721) — 55,430
446 Wrenplace Road, Fort Mill, SC 1 150 — 100.0% 5.5 2,962 2,731 2,677 — 35,388
1511 East Common Street, New Braunfels, TX 1 63 — 100.0% 4.3 2,017 980 946 100 10,499
8675,8701-8711 Freeport Pkwy and 8901 Esters
Blvd, Irving, TX 3 458 — —% — — (277) (190) — 64,483
45600 Woodland Road, Sterling, VA 1 110 — 100.0% 4.0 3,627 2,492 2,460 449 26,602
45610 Woodland Road, Sterling, VA 1 111 6 78.5% 5.3 2,529 1,184 932 284 27,996
7987 Ashton Avenue, Manassas, VA 1 69 — 100.0% 4.8 1,694 973 1,098 1,007 13,708
9960 Mayland Drive, Richmond, VA 1 174 — 99.0% 0.8 3,609 2,266 2,596 — 27,822
$445M Senior Notes due 2027 35 4,126 276 57.8% 5.0 73,892 38,244 34,846 10,730 1,242,198
RETURN TO TABLE OF CONTENTS Q1 2026 18
Property Detail (by Collateral Pool)
As of March 31, 2026
(dollars and sq. ft. in thousands)
Number
of
Properties Sq. Ft.
Sq. Ft.
Expiring
Through
December
31st, 2026 Occupancy
Weighted
Average
Remaining
Lease Term
Annualized
Rental
Income
Trailing
Twelve
Months
NOI
Trailing
Twelve
Months
Cash Basis
NOI
Unspent
Leasing
Related
Obligations
Gross Book
Value of Real
Estate Assets
$300M Senior Notes due 2029
15451 North 28th Avenue, Phoenix, AZ 1 67 — 100.0% 6.8 1,444 867 681 — 14,733
2500 Walsh Avenue, Santa Clara, CA 1 66 — 100.0% 8.8 2,872 2,169 2,013 — 23,197
2548 Campbell Place, Carlsbad, CA 1 46 — 100.0% 5.0 1,831 1,529 1,583 — 11,232
350 West Java Drive, Sunnyvale, CA 1 96 — 100.0% 6.7 4,507 3,582 3,629 — 32,904
77 Rio Robles Drive, San Jose, CA 1 68 — 100.0% 4.7 2,660 1,801 1,913 — 25,818
915 L Street, Sacramento, CA 1 164 4 98.0% 4.7 5,716 3,652 3,678 — 50,489
9815 Goethe Road, Sacramento, CA 1 88 — 100.0% 7.3 2,096 1,171 1,145 8 19,413
7850 Southwest 6th Court, Plantation, FL 1 136 — 100.0% 11.6 4,255 2,831 2,649 — 58,676
1224 Hammond Drive NE, Atlanta, GA 1 358 — 97.4% 9.6 18,659 12,606 12,073 54 191,091
1185 South Vinnell Way, Boise, ID 1 30 — 100.0% 15.9 1,031 511 447 — 10,726
1249 South Vinnell Way, Boise, ID 1 60 — 100.0% 5.6 1,415 757 742 860 12,883
1387 South Vinnell Way, Boise, ID 1 91 — 100.0% 5.6 2,034 1,147 1,098 1,309 18,525
12515-4 Research Boulevard, Austin, TX 1 93 — 100.0% 3.3 2,878 1,941 2,093 — 15,589
3600 Wiseman Boulevard, San Antonio, TX 1 100 — 100.0% 6.6 3,288 2,055 2,016 — 20,902
1800 Novell Place, Provo, UT 1 412 — 87.8% 9.7 9,381 6,037 4,929 119 97,524
2101 Bermuda Hundred Drive, Chester, VA 1 225 — 100.0% 7.8 1,414 1,119 1,069 — 14,061
65 Bowdoin Street, S. Burlington, VT 1 27 — 100.0% 3.3 1,178 668 665 — 10,122
$300M Senior Notes due 2029 17 2,127 4 96.9% 8.0 66,659 44,443 42,423 2,350 627,885
RETURN TO TABLE OF CONTENTS Q1 2026 19
Property Detail (by Collateral Pool)
As of March 31, 2026
(dollars and sq. ft. in thousands)
Number
of
Properties Sq. Ft.
Sq. Ft.
Expiring
Through
December
31st, 2026 Occupancy
Weighted
Average
Remaining
Lease Term
Annualized
Rental
Income
Trailing
Twelve
Months
NOI
Trailing
Twelve
Months
Cash Basis
NOI
Unspent
Leasing
Related
Obligations
Gross Book
Value of Real
Estate Assets
$610M Senior Notes due 2029
445 Jan Davis Drive, Huntsville, AL 1 57 — 100.0% 5.3 948 846 853 — 6,840
10350 NW 112th Avenue, Miami, FL 1 79 — 100.0% 1.8 3,337 2,449 2,449 — 19,145
4712 Southpark Boulevard, Ellenwood, GA 1 352 — 100.0% 8.4 4,046 2,569 1,695 3,237 25,439
1415 West Diehl Road, Naperville, IL 1 735 — 55.5% 6.0 10,695 6,536 5,842 — 121,866
330 Billerica Road, Chelmsford, MA 1 98 5 59.1% 9.3 1,479 822 741 — 12,739
2645 and 2655 Long Lake Road, Roseville, MN 1 58 — 100.0% 9.2 1,312 646 481 — 11,327
18010 Burt Street, Omaha, NE 1 101 — 100.0% 8.3 2,369 1,824 1,344 — 19,453
2231 Schrock Road, Columbus, OH 1 42 — 100.0% 6.3 517 420 394 — 3,661
10451 Clay Road, Houston, TX 1 97 — 100.0% 3.0 2,312 2,193 1,893 — 23,673
16001 North Dallas Parkway, Addison, TX 2 554 — 100.0% 10.9 16,387 11,210 2,381 17,475 122,098
202 North Castlegory Road, Houston, TX 1 84 — 100.0% 1.8 2,826 1,654 1,697 — 14,396
3400 West Plano Parkway, Plano, TX 1 235 — 100.0% 5.1 1,710 1,776 1,517 — 25,711
4221 W. John Carpenter Freeway, Irving, TX 1 54 — 100.0% 7.2 936 696 633 790 6,189
14660 Lee Road, Chantilly, VA 1 80 — 100.0% 3.8 2,908 1,997 1,740 — 25,650
Two Commercial Place, Norfolk, VA 1 289 — 100.0% 1.3 6,285 4,064 4,352 — 41,858
351 Elliott Ave West, Seattle, WA 1 108 — —% — — (1,153) (1,153) — 41,005
401 Elliott Ave West, Seattle, WA 1 77 — 1.9% 2.9 86 (1,261) (1,260) — 103,574
501 Elliott Ave West, Seattle, WA 1 114 — 73.3% 8.5 7,492 5,738 5,358 — 110,784
$610M Senior Notes due 2029 19 3,214 5 81.9% 6.8 65,645 43,026 30,957 21,502 735,408
RETURN TO TABLE OF CONTENTS Q1 2026 20
Property Detail (by Collateral Pool)
As of March 31, 2026
(dollars and sq. ft. in thousands)
Number
of
Properties Sq. Ft.
Sq. Ft.
Expiring
Through
December
31st, 2026 Occupancy
Weighted
Average
Remaining
Lease Term
Annualized
Rental
Income
Trailing
Twelve
Months
NOI
Trailing
Twelve
Months
Cash Basis
NOI
Unspent
Leasing
Related
Obligations
Gross Book
Value of Real
Estate Assets
Mortgage Notes
145 Rio Robles Drive, San Jose, CA 1 58 — 100.0% 7.3 2,229 1,604 1,556 — 21,283
One Primerica Parkway, Duluth, GA 1 344 — 100.0% 9.8 5,730 5,340 5,198 7,614 55,994
3300 75th Avenue, Landover, MD 1 266 — 100.0% 13.4 4,837 4,476 4,379 — 48,328
1220 Echelon Parkway, Jackson, MS 1 110 — 100.0% 18.6 4,180 2,236 975 550 33,754
500 Charles Ewing Boulevard, Ewing, NJ 1 250 — 100.0% 7.2 6,055 5,676 5,791 — 53,505
701 Clay Road, Waco, TX 1 139 — 100.0% 9.8 3,161 1,704 1,925 — 25,827
22330 Glenn Drive, Sterling, VA 1 167 — 100.0% 5.4 5,488 3,872 3,763 1,683 67,247
Mortgage Notes 7 1,334 — 100.0% 10.1 31,680 24,908 23,587 9,847 305,938
Other Properties Collateralized in Debtor-in-
Possession Financing
131 Clayton Street, Montgomery, AL 1 58 — 100.0% 1.3 1,786 1,111 1,105 — 12,229
4344 Carmichael Road, Montgomery, AL 1 49 — 100.0% 3.1 1,631 1,185 1,056 — 16,750
711 S 14th Avenue, Safford, AZ 1 36 2 100.0% 3.1 1,069 642 635 — 9,273
100 Redwood Shores Parkway, Redwood City, CA 1 63 — 23.5% 2.9 582 2,381 2,286 — 28,849
10949 N. Mather Boulevard, Rancho Cordova, CA 1 94 — 100.0% 1.3 2,609 1,540 1,679 — 22,770
11020 Sun Center Drive, Rancho Cordova, CA 1 83 — 100.0% 10.8 2,024 1,108 1,007 — 19,167
51 Rio Robles Drive, San Jose, CA 1 61 — 100.0% 1.3 2,352 2,069 2,049 — 15,119
603 San Juan Avenue, Stockton, CA 1 22 — 100.0% 1.0 971 479 642 — 8,729
12795 West Alameda Parkway, Lakewood, CO 1 167 — —% — — (836) (853) — 5,831
7958 South Chester Street, Centennial, CO 1 167 — 47.7% 7.4 1,865 (640) (982) — 26,547
RETURN TO TABLE OF CONTENTS Q1 2026 21
Property Detail (by Collateral Pool)
As of March 31, 2026
(dollars and sq. ft. in thousands)
Number
of
Properties Sq. Ft.
Sq. Ft.
Expiring
Through
December
31st, 2026 Occupancy
Weighted
Average
Remaining
Lease Term
Annualized
Rental
Income
Trailing
Twelve
Months
NOI
Trailing
Twelve
Months
Cash Basis
NOI
Unspent
Leasing
Related
Obligations
Gross Book
Value of Real
Estate Assets
Other Properties Collateralized in Debtor-in-
Possession Financing - Continued
1211 Connecticut Avenue, NW, Washington, D.C. 1 140 10 38.0% 6.5 2,390 1,289 506 120 68,893
840 First Street, NE, Washington, D.C. 1 253 — 15.4% 4.5 2,060 405 642 — 148,339
8305 NW 62nd Avenue, Johnston, IA 1 199 — 100.0% 0.8 3,283 2,685 3,165 — 26,861
7601 Interactive Way, Indianapolis, IN 1 120 — 100.0% 1.3 2,791 1,751 1,845 60 16,912
7635 Interactive Way, Indianapolis, IN 1 155 — 100.0% 1.3 3,506 2,227 2,349 76 19,824
2001-2003 Commerce Park Drive, Annapolis, MD 1 52 5 50.1% 4.2 544 326 327 — 9,326
6310 Hillside Court, Columbia, MD 1 43 6 100.0% 3.3 1,170 695 726 — 5,687
3550 Green Court, Ann Arbor, MI 1 82 — 100.0% 1.6 1,721 1,614 1,693 — 13,392
18020 Burt Street, Omaha, NE 1 101 — 44.7% 10.3 1,186 (58) (813) — 16,817
9680 Old Bailes Road, Fort Mill, SC 1 60 — 100.0% 1.7 825 692 711 — 6,542
12515-3 Research Boulevard, Austin, TX 1 55 — —% — — (472) (472) — 9,311
2900 West Plano Parkway, Plano, TX 1 191 — 100.0% 5.1 4,040 1,992 1,727 1 25,305
1760 Business Center Drive, Reston, VA 1 275 — —% — — (666) (694) — 80,851
1775 Wiehle Avenue, Reston, VA 1 135 19 60.0% 5.6 2,663 1,509 1,694 1,471 42,443
9201 Forest Hill Avenue, Richmond, VA 1 48 — 100.0% 1.8 1,369 756 872 — 4,925
Vacant land parcels and other — — — —% — — (66) (68) — 6,055
Other Properties Collateralized Debtor-in-
Possession Financing 25 2,709 47 60.5% 3.5 42,437 23,718 22,834 1,728 666,747
Sold Properties — — — —% — — 449 449 — —
Total / Weighted Average 122 17,113 369 78.2% 6.4 $ 388,298 $ 240,238 $ 218,220 $ 54,390 $ 4,613,947
RETURN TO TABLE OF CONTENTS Q1 2026 22
Non-GAAP Financial Measures
OPI presents certain “non-GAAP financial measures” within the meaning of the applicable rules of the Securities and Exchange Commission, or the SEC, including NOI, Cash Basis NOI, Same Property NOI and Same Property Cash Basis NOI. These
measures do not represent cash generated by operating activities in accordance with GAAP and should not be considered alternatives to net income (loss) as indicators of OPI's operating performance or as measures of OPI's liquidity. These
measures should be considered in conjunction with net income (loss) as presented in OPI's consolidated statements of income (loss). OPI considers these non-GAAP measures to be appropriate supplemental measures of operating performance for
a REIT, along with net income (loss). OPI believes these measures provide useful information to investors because by excluding the effects of certain historical amounts, such as depreciation and amortization expense, they may facilitate a comparison
of OPI's operating performance between periods and with other REITs and, in the case of NOI, Cash Basis NOI, Same Property NOI and Same Property Cash Basis NOI reflecting only those income and expense items that are generated and incurred
at the property level may help both investors and management to understand the operations of OPI's properties.
NOI and Cash Basis NOI
The calculations of net operating income, or NOI, and Cash Basis NOI exclude certain components of net income (loss) in order to provide results that are more closely related to OPI's property level results of operations. OPI calculates NOI and Cash
Basis NOI as shown on page 12 and Same Property NOI and Same Property Cash Basis NOI as shown on page 13. OPI defines NOI as income from OPI's real estate less OPI's property operating expenses. NOI excludes amortization of capitalized
tenant improvement costs and leasing commissions that OPI records as depreciation and amortization expense. OPI defines Cash Basis NOI as NOI excluding non-cash straight line rent adjustments, lease value amortization, lease termination fees, if
any, and non-cash amortization included in other operating expenses. OPI calculates Same Property NOI and Same Property Cash Basis NOI in the same manner that OPI calculates the corresponding NOI and Cash Basis NOI amounts, except that
OPI only includes same properties in calculating Same Property NOI and Same Property Cash Basis NOI. OPI uses NOI, Cash Basis NOI, Same Property NOI and Same Property Cash Basis NOI to evaluate individual and company-wide property level
performance. Other real estate companies and REITs may calculate NOI, Cash Basis NOI, Same Property NOI and Same Property Cash Basis NOI differently than OPI does.
Annualized rental income is calculated using the annualized contractual base rents from OPI's tenants pursuant to its lease agreements as of March 31, 2026, plus straight line rent adjustments and estimated recurring expense reimbursements to be
paid to OPI, and excluding lease value amortization.
Building improvements generally include expenditures to replace obsolete building components and expenditures that extend the useful life of existing assets.
Development, redevelopment and other activities generally include capital expenditure projects that reposition a property or result in new sources of revenue.
GAAP is U.S. generally accepted accounting principles.
Gross book value of real estate assets is real estate properties at cost calculated in accordance with GAAP, plus certain acquisition costs, if any, before depreciation and purchase price allocations, less impairment writedowns, if any.
Investment grade tenants include: (a) investment grade rated tenants; (b) tenants with investment grade rated parent entities that guarantee the tenant's lease obligations; and/or (c) tenants with investment grade rated parent entities that do not
guarantee the tenant's lease obligations. Tenants contributing 59.6% of annualized rental income as of March 31, 2026 were investment grade rated (or their payment obligations were guaranteed by an investment grade rated parent) and tenants
contributing an additional 0.5% of annualized rental income as of March 31, 2026 were subsidiaries of an investment grade rated parent (although these parent entities are not liable for the payment of rents).
Lease related costs generally include capital expenditures used to improve tenants' space or amounts paid directly to tenants to improve their space and leasing related costs, such as brokerage commissions and tenant inducements.
Leased square feet is pursuant to leases existing as of March 31, 2026, and includes (i) space being fitted out for tenant occupancy pursuant to OPI's lease agreements, if any, and (ii) space which is leased, but is not occupied or is being offered for
sublease by tenants, if any. Square footage measurements are subject to changes when space is remeasured or reconfigured for new tenants.
Leasing cost and concession commitments include commitments made for leasing expenditures and concessions, such as tenant improvements, leasing commissions, tenant reimbursements and free rent.
Percent leased includes (i) space being fitted out for occupancy pursuant to OPI's lease agreements, if any, and (ii) space which is leased, but is not occupied or is being offered for sublease by tenants, if any, as of the measurement date.
REIT is real estate investment trust.
Rentable square feet represents total square feet available for lease as of the measurement date. Square footage measurements are subject to changes when space is remeasured or reconfigured for new tenants.
Same properties for the three months ended March 31, 2026 is based on properties OPI owned continuously since January 1, 2025; five properties affected by significant redevelopment activities and two properties owned by an unconsolidated
joint venture in which OPI owns a 51% interest.
Same property cash basis NOI % margin is Same Property Cash Basis NOI as a percentage of same property cash basis rental income. Cash basis rental income excludes non-cash straightline rent adjustments, the net effect of non-cash amortization
of intangible lease assets and liabilities and lease termination fees, if any.
Same property NOI % margin is Same Property NOI as a percentage of same property rental income.
Weighted average remaining lease term is the average remaining lease term in years weighted based on annualized rental income.
Non-GAAP Financial Measures and Certain Definitions
RETURN TO TABLE OF CONTENTS Q1 2026 23
Warning Concerning Forward-Looking Statements
This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws that are subject to risks and uncertainties.
These statements may include words such as “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, “will”, “may” and negatives or derivatives of these or similar expressions. These forward-looking statements include, among others, statements about: the process and potential outcomes of OPI’s bankruptcy proceedings; OPI’s plan of reorganization and the consummation of the
transactions contemplated by such plan; OPI’s ability to continue as a going concern; OPI’s leverage levels; demand for office space; OPI’s future leasing activity, commitments and obligations;
economic and market conditions; OPI’s liquidity needs and sources; OPI’s capital expenditure plans and commitments; OPI’s pending or potential dispositions; OPI’s redevelopment and
construction activities and plans; and the amount and timing of future distributions.
Forward-looking statements reflect OPI’s current expectations, are based on judgments and assumptions, are inherently uncertain and are subject to risks, uncertainties and other factors, which
could cause OPI’s actual results, performance or achievements to differ materially from expected future results, performance or achievements expressed or implied in those forward-looking
statements. Some of the risks, uncertainties and other factors that may cause OPI’s actual results, performance or achievements to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, the following: OPI’s ability to consummate the transactions contemplated by its plan of reorganization and emerge from bankruptcy; OPI’s ability to
comply with the terms of its debt agreements and meet financial covenants; OPI’s ability to make required payments on its debt or refinance its debts as they mature or otherwise become due; OPI’s
ability to maintain sufficient liquidity, including the availability of borrowings under its revolving credit facility and its ability to obtain new debt or equity financing, and otherwise manage leverage;
OPI’s ability to effectively raise and balance its use of debt and equity capital; whether OPI’s tenants will renew or extend their leases and not exercise early termination options pursuant to their
leases or that OPI will obtain replacement tenants on terms as favorable to OPI as its prior leases; the likelihood that OPI’s government tenants will be negatively impacted by government budget
constraints, or changes in the use of real estate by government agencies; OPI’s ability to increase or maintain occupancy at its properties on terms desirable to OPI, and OPI’s ability to increase rents
when its leases expire or renew; the impact of unfavorable market and commercial real estate industry conditions due to uncertainties surrounding interest rates and high inflation, changing tariffs
and trade policies and related uncertainty, supply chain disruptions, volatility in the public equity and debt markets and in commercial real estate markets, generally and in the sectors OPI operate,
geopolitical instability and tensions, pandemics, any U.S. government shutdown, economic downturns or a possible recession, labor market conditions or changes in real estate utilization, including
continued hybrid and other alternative arrangements, among other things, on OPI and its tenants; OPI’s tenant and geographic concentration; competition within the commercial real estate industry,
particularly in those markets in which OPI’s properties are located; OPI’s ability to sell properties at prices it targets, and the timing of such sales; OPI’s ability to manage its capital expenditures and
other operating costs effectively and to maintain and enhance its properties and their appeal to tenants; the financial strength of OPI’s tenants; risks and uncertainties regarding the costs and timing
of development, redevelopment and repositioning activities, including as a result of prolonged high inflation, cost overruns, supply chain challenges, tariffs, labor shortages, construction delays or
inability to obtain necessary permits or volatility in the commercial real estate markets; OPI’s ability to pay distributions to its shareholders; OPI’s ability to acquire properties that realize its targeted
returns; the ability of OPI’s manager, RMR, to successfully manage OPI; compliance with, and changes to, federal, state and local laws and regulations, accounting rules, tax laws and similar matters;
the impact of any U.S. government shutdown, elimination or reduction of government agencies and programs or failure to increase the government debt ceiling on OPI’S ability to collect rents and
pay its operating expenses, debt obligations and distributions to shareholders on a timely basis; actual and potential conflicts of interest with OPI’s related parties, including its Managing Trustees,
RMR, Sonesta and others affiliated with them; limitations imposed by and OPI’s ability to satisfy complex rules to maintain OPI’s qualification for taxation as a REIT for U.S. federal income tax
purposes; acts of terrorism, outbreaks of pandemics or other public health safety events or conditions, war or other hostilities, global climate change or other manmade or natural disasters beyond
OPI’s control, and other matters.
These risks, uncertainties and other factors are not exhaustive and should be read in conjunction with other cautionary statements that are included in OPI’s periodic filings. The information
contained in OPI’s filings with the SEC, including under the caption “Risk Factors” in its periodic reports, or incorporated therein, identifies important factors that could cause differences from the
forward-looking statements in this presentation. OPI’s filings with the SEC are available on the SEC’s website at www.sec.gov.
You should not place undue reliance upon OPI’s forward-looking statements. Except as required by law, OPI does not intend to update or change any forward-looking statements as a result of new
information, future events or otherwise.
EX-99.2 — EXHIBIT 99.2
EX-99.2
Filename: tm2616542d1_ex99-2.htm · Sequence: 3
Exhibit 99.2
IN THE UNITED STATES BANKRUPTCY COURT
FOR THE SOUTHERN DISTRICT OF TEXAS
HOUSTON DIVISION
Case
Name: Office Properties Income Trust, et al. 1
Petition
Date: October 30, 2025
Case
Number: 25-90530 (CML)
GLOBAL NOTES AND STATEMENTS
OF LIMITATIONS, METHODOLOGY, AND DISCLAIMERS REGARDING DEBTORS’ MONTHLY OPERATING REPORT
The accompanying Monthly Operating Report (the
“MOR”) has been prepared by Office Properties Income Trust and its debtor affiliates, as debtors and debtors
in possession (collectively, the “Debtors”) in the above-captioned chapter 11 cases (the “Chapter
11 Cases”). On October 30, 2025 (the “Petition Date”), the Debtors commenced these Chapter 11
Cases by filing voluntary petitions for relief under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”)
with the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”). These
Chapter 11 Cases have been consolidated for procedural purposes only and are being jointly administered under Case No. 25-90530 (CML).
The Debtors are authorized to operate their business as debtors-in-possession pursuant to sections 1107(a) and 1108 of the Bankruptcy
Code.
The following notes, statements, and limitations
should be referred to, and referenced in connection with, any review of the MOR accompanying these global notes (the “Global
Notes”).
1. General Methodology. The Debtors are filing this MOR solely for the purpose of complying with the
monthly reporting requirements of the Office of the United States Trustee for Region 7 (the “U.S. Trustee”)
and applicable bankruptcy reporting guidelines. The financial and supplemental information contained in these Global Notes is unaudited,
limited in scope, and is not prepared in accordance with accounting principles generally accepted in the United States of America (“U.S.
GAAP”) nor in accordance with federal or state securities laws or other applicable non-bankruptcy law or in lieu of complying
with any periodic reporting requirements thereunder, nor is it intended to fully reconcile to the consolidated financial statements prepared
by the Debtors. These Global Notes contain information that is applicable to each MOR filed in the Chapter 11 Cases contemporaneously
herewith. Accordingly, the financial information presented in the MORs is subject to further review, adjustment, and reclassification
as additional information becomes available. This MOR should not be relied upon for valuation, investment, or any other purpose other
than compliance with the applicable reporting guidelines noted above.
1 A complete list of the Debtors in the Chapter 11 Cases may be obtained on
the website of the Debtors’ claims and noticing agent at https://restructuring.ra.kroll.com/OPI. The Debtors’ mailing address
is Two Newton Place, 255 Washington Street, Suite 300, Newton, Massachusetts 02458-1634.
2. Basis of Presentation. In preparing this MOR, the Debtors relied on financial data available from
the books and records available to them at the time of such preparation, but this MOR and financial data do not
reflect in all circumstances presentation for U.S. GAAP. Asset values reflected in this MOR are book values and not based upon any contemporaneous
valuation. Although the Debtors made commercially reasonable efforts to ensure the accuracy and completeness of this MOR, inadvertent
errors or omissions may exist. The results of operations contained herein are not necessarily indicative of results which may be expected
from any other period or for the full year and may not necessarily reflect the results of operations, financial position and cash flows
of the Debtors in the future. Each signatory to this MOR has necessarily relied upon the efforts, statements, advice and representations
of personnel of the Debtors and the Debtors’ advisors and professionals. Each signatory has not (and could not have) personally
verified the accuracy of each such statement, representation, and answer contained in this MOR.
3. Reporting Period. Unless otherwise noted herein, this MOR generally reflects the Debtors’
books and records and financial activity occurring during the applicable reporting period. Except as otherwise noted, no adjustments have
been made for activity occurring after the close of the reporting period. For purposes of this MOR for the reporting period ending April
30, 2026, the Debtors have excluded cash receipts and disbursements processed from April 1, 2026 through April 3, 2026. The Debtors track
and report cash activity on a week-end basis, and these three days were included in the previously filed MORs for the period ended March
31, 2026. Additionally, the Debtors have included cash receipts and disbursements processed on May 1, 2026. The Debtors track and report
cash activity on a week-end basis. Separating these days would be highly burdensome relative to the limited additional precision that
would be achieved by such separation. Accordingly, all cash activity through the week ended May 1, 2026 has been included in this MOR,
and such activity, when duplicative, will be excluded from the Debtors’ subsequent reporting period.
4. Accuracy. The financial information disclosed herein was not prepared in accordance with federal
or state securities laws or other applicable non-bankruptcy law or in lieu of complying with any periodic reporting requirements thereunder.
Persons and entities trading in or otherwise purchasing, selling, or transferring claims against or equity interests in the Debtors should
evaluate this financial information in light of the purposes for which it was prepared. The Debtors are not liable for and undertake no
responsibility to indicate variations from securities laws or for any evaluations of the Debtors based on this financial information or
any other information.
5. Payment of Prepetition Claims Pursuant to First Day Orders. Pursuant to various “first day”
orders and any supplements or amendments to such orders entered by the Bankruptcy Court (each, a “First Day Order,”
and collectively, the “First Day Orders”), the Debtors and their estates are authorized or expect to be authorized
to pay certain prepetition claims, including, without limitation:
a. Essential Claims, as defined in the Final Order (I) Authorizing the Debtors to Pay Certain Prepetition
Claims of (A) Health, Safety, and Environmental Providers, (B) Lien Claimants, and (C) 503(b)(9) Claimants; (II) Confirming Administrative
Expense Priority of Outstanding Prepetition Orders; (III) Authorizing Financial Institutions to Honor and
Process Related Checks and Transfers; and (IV) Granting Related Relief [Docket No. 440];
2
b. Tenant Obligations, as defined in the Order (I) Authorizing the Debtors to Pay Tenant Obligations and
(II) Granting Related Relief [Docket No. 92];
c. Insurance Obligations, as defined in the Order (I) Authorizing Debtors to (A) Continue Insurance Programs,
and (B) Pay All Obligations with Respect Thereto; and (II) Granting Related Relief [Docket No. 95];
d. Taxes and Fees, as defined in the Order (I) Authorizing Debtors to Pay Certain Prepetition Taxes and
Fees; and (II) Granting Related Relief [Docket No. 96];
e. Adequate Assurance Deposits and Administrative Fees, as defined in the Order (I) Approving Debtors’
Proposed Form of Adequate Assurance of Payment to Utility Providers; (II) Establishing Procedures For Resolving Objections by Utility
Providers; (III) Prohibiting Utility Providers From Altering, Refusing, or Discontinuing Service; and (IV) Granting Related Relief [Docket
No. 97]; and
f. Account Fees, as defined in the Final Order (I) Authorizing Debtors to (A) Continue Existing Cash Management
System, (B) Maintain Existing Business Forms and Intercompany Arrangements, and (C) Continue Intercompany Transactions; and (II) Granting
Related Relief [Docket No. 438] (the “Final Cash Management Order”).
If any payments were made following
the commencement of the Chapter 11 Cases pursuant to the authority granted to the Debtors by the Bankruptcy Court under the First Day
Orders, such payments have been included in this MOR unless otherwise noted.
6. Liabilities Subject to Compromise. The amounts currently classified as liabilities subject to compromise
reflect the accounting impact of ASC 852, Reorganizations, effective from the Petition Date. Following adoption of this accounting standard,
certain prepetition liabilities have been reclassified and collated as a liability subject to compromise. The amounts currently classified
as subject to compromise do not reflect the claimant value but reflects the best estimate as at the reporting date. When claims are received
and reconciled, adjustments will be made prospectively.
7. Reservation of Rights. The Debtors hereby reserve all rights to dispute the validity, status, enforceability,
or executory nature of any claim amount, representation, or other statement in the MORs. The Debtors reserve all rights to amend or supplement
the MORs in all respects, as may be necessary or appropriate, but shall be under no obligation to do so. Nothing contained in the MORs
shall constitute a waiver of any of the Debtors’ rights or an admission with respect to their Chapter 11 Cases.
3
8. Insiders and Affiliates. In the circumstances where the MORs require information regarding “insiders”
or “affiliates,” the Debtors may include information with respect to the individuals and entities whom the Debtors believe
may be argued to fall within the definition of “insider”
set forth in section 101(31) of the Bankruptcy Code or “affiliate” set forth in section 101(2) of the Bankruptcy Code, as
applicable, during the relevant time periods. The listing or omission of a party as an “insider” or “affiliate”
for the purposes of the MOR is for informational purposes and is not intended to be nor should be construed as an admission that those
parties are insiders or affiliates for purposes of section 101(31) or 101(2), as applicable, of the Bankruptcy Code. Information regarding
the individuals or entities listed as insiders or affiliates in the MORs may not be used for: (a) the purposes of determining (i) control
of the Debtors; (ii) the extent to which any individual or entity exercised management responsibilities or functions; (iii) corporate
decision-making authority over the Debtors; or (iv) whether such individual or entity (or the Debtors) could successfully argue that they
are not an insider or affiliate under applicable law, including the Bankruptcy Code and federal securities laws, or with respect to any
theories of liability or (b) any other purpose. Furthermore, certain of the individuals or entities identified as insiders or affiliates
may not have been insiders or affiliates for the entirety of the twelve-month period before the Petition Date, but the Debtors have included
them herein out of an abundance of caution. The Debtors reserve all rights with respect thereto. For the avoidance of doubt, the Debtors
do not employ any employees.
9.
Specific MOR Disclosures.
Notes to Part 1: Cash Receipts and Disbursements
· The Debtors use a consolidated cash management system through which the Debtors pay substantially all
liabilities and expenses. A more complete description of the Debtors’ Cash Management System is set forth in the Emergency Motion
of Debtors for Entry of Interim and Final Orders (I) Authorizing Debtors to (A) Continue Existing Cash Management System, (B) Maintain
Existing Business Forms and Intercompany Arrangements, and (C) Continue Intercompany Transactions; and (II) Granting Related Relief [Docket
No. 21] (the “Cash Management Motion”) filed on October 31, 2025.
· Receipts primarily consist of rental income collections, supplemented by cash inflows from asset sales
and from proceeds from financing activity reflected on the MOR of Debtor Office Properties Income Trust.
· The Debtors have endeavored to allocate receipts and disbursements to the appropriate legal entity based
on the underlying transaction, even if the associated cash flow occurred through a different Debtor’s bank account.
o Rent and other receipts are attributed to the appropriate Debtor entity receiving the rent and other receipts,
regardless of the receiving bank account.
o Similarly, disbursements are attributed to the invoiced entity, irrespective of the entity making the
payment.
· Receipts and disbursements processed through Sonesta-controlled bank accounts, as described in the Cash
Management Motion, are included in the cash receipts and disbursements calculations. However, because these bank accounts are not controlled
by Debtor 20 Mass Ave TRS Inc., the related ending cash balances are excluded to reconcile to the Debtor’s book ending cash balance.
4
· Disbursements related to professional fees that are transferred into the professional fee reserve account
are included in cash disbursements at the time the amounts are transferred to such account. Notwithstanding the foregoing, such amounts
remain included in the ending cash balance until ultimately disbursed from the professional fee reserve account.
· Receipts and disbursements from non-Debtor entities have been excluded, even if such transactions pass
through Debtor bank accounts, as they are not attributable to the Debtors. However, receipts and disbursements related to the Non-Debtor
Mortgages, as defined in the Declaration of John R. Castellano in Support of Chapter 11 Petitions and First Day Relief [Docket
No. 26] (the “First Day Declaration”), are included in the Cash and Cash Equivalents of Office Properties Income
Trust.
· Based on guidance received from the Office of the United States Trustee, reported cash receipts and disbursements
should exclude intercompany transactions. Therefore, for those Debtors with net intercompany cash outflows or inflows during the reporting
period, the ending cash balances reported on Form 11 MOR Part 1 may not equal the ending cash balances per the Debtors’ bank statements
or the Debtors’ books and records.
Notes to Part 2: Asset and Liability Status
· The amounts identified in Part 2 of this MOR are derived from the Debtors’ unaudited and estimated
balance sheets. Please refer to the notes above for information regarding presentation and limitations that may exist in this MOR.
· The Debtors report cash on their balance sheets in Cash and cash equivalents and in Restricted cash. Restricted
cash includes cash subject to legal or contractual restrictions, such as property level reserves, professional fee escrows, utility deposits,
DIP Facility-related balances, and other escrowed amounts.
· The funded secured and unsecured debt amounts identified in Part 2 of the MOR are derived from the Debtors’
unaudited and estimated balance sheets. Such amounts do not reflect the Debtors’ view as to the amount of any claim and the Debtors
reserve all rights with respect to any asserted claim amounts. Accordingly, there may be differences between such amounts asserted in
the MORs and any corresponding amounts stated in the Debtors’ statements of financial affairs and schedules of assets and liabilities.
· While receipts and disbursements processed through Sonesta-controlled bank accounts are included in the
cash activity for Debtor 20 Mass Ave TRS Inc., the balance sheet only includes the cumulative net income from the tenant hotel business
once excess cash from the Sonesta-controlled bank accounts is transferred to Debtor 20 Mass Ave TRS Inc. as described in the Cash Management
Motion pursuant to the Sonesta Management Agreement as defined in the First Day Declaration.
· Amounts reported in “Liabilities Subject to Compromise” include intercompany balances. Intercompany
balances have not been eliminated between Debtors for MOR reporting purposes.
5
Notes to Part 4: Income Statement (Statement of Operations)
· The income statement included in this MOR reflects month-to-date results. This clarification is provided for the avoidance of doubt.
· While receipts and disbursements processed through Sonesta-controlled bank accounts are included in the
cash activity for Debtor 20 Mass Ave TRS Inc., the income statement only includes the net gain/loss from the tenant hotel business once
excess cash from the Sonesta-controlled bank accounts is transferred to Debtor 20 Mass Ave TRS Inc. as further described in the Cash Management
Motion and the First Day Declaration.
· Please refer to the notes above for information about presentation and limitations that may exist in the
MOR.
Notes to Part 5: Professional Fees
· Debtor professional fees are recorded at the paying Debtor – Office Properties
Income Trust - and are not further allocated to individual legal entities.
Notes to Part 6: Postpetition Taxes
· In the ordinary course of business, the Debtors are obligated to pay, among other taxes, sales and use,
property, and income taxes, and various other governmental charges, fees, and assessments (collectively, the “Taxes and Fees”).
· The Debtors believe that they are current with respect to any postpetition Taxes and Fees that have come
due.
Notes to Part 7: Questionnaire
· 7a – Payments on Prepetition Debt: As further described above, all payments made by the Debtors
during the period were authorized under First Day Orders or the Final DIP Order (as defined below) granted by the Bankruptcy Court.
· 7c – Payments to Insiders: The personnel and various services the Company requires to operate
its business and properties are provided by The RMR Group LLC (“RMR”) pursuant to two agreements: a business
management agreement (“RMR Management Agreement”) and a property management agreement (“RMR Property
Management Agreement” and together, collectively, the “RMR Management Agreements”).
As described in more detail in
the First Day Declaration, the Debtors pay RMR for business management fees, property management fees, construction management fees,
payroll reimbursement and accounts payable funding, regionwide expenses, and certain operating reimbursements. As discussed above,
the Debtors reserve all rights with respect to the determination or status of RMR, and any other individual or entity listed herein,
as an “insider” as defined in section 101(13) of the Bankruptcy Code or an affiliate as defined in section 101(2) of the
Bankruptcy Code. To the extent RMR is listed in the Payments to Insiders attachment, such inclusion is for informational purposes
only and is not intended to be nor should be construed as an admission that RMR is an Insider for purposes of section 101(31) or
101(2), as applicable, of the Bankruptcy Code.
6
Additionally, as described in the First
Day Declaration, the Debtors pay certain fees and reimbursements to Sonesta pursuant to the Sonesta Management Agreement. Accordingly,
to the extent Sonesta is listed in the Payments to Insiders attachment, such inclusion is for informational purposes only and is not intended
to be nor should be construed as an admission that Sonesta is an Insider for purposes of section 101(31) or 101(2), as applicable, of
the Bankruptcy Code.
· 7g – Postpetition Borrowing: On November 5, 2025, the Bankruptcy Court entered the Interim
Order Pursuant to Sections 105, 361, 362, 363, and 364 of the Bankruptcy Code and Rules 2002, 4001, 6004, and 9014 of the Federal Rules
of Bankruptcy Procedure (I) Authorizing the Debtors to Use Cash Collateral and Obtain Secured Postpetition Financing; (II) Granting Liens
and Superpriority Administrative Claims; (III)
Providing Adequate Protection; (IV) Scheduling a Final Hearing; and (V) Granting Related Relief [Docket No. 150] (the “Interim
DIP Order”) authorizing the Debtors to enter into the DIP Documents (as defined in the Interim DIP Order) and obtain post-petition
borrowing thereunder. On November 6, 2025, in accordance with the Interim DIP Order, the Debtors drew $10 million under the DIP Facility,
net any fees payable to the DIP Agent and the DIP Lenders (each as defined in the Interim DIP Order). The Debtors received $9.7 million
on November 6, 2025 into their Segregated Account (as defined in the Interim DIP
Order). The Bankruptcy Court held the Final Hearing (as defined in the Final DIP Order) on January 28, 2026 and January 29, 2026, and
on February 4, 2026, entered the Final Order Pursuant to Sections 105, 361, 362, 363, and 364 of the Bankruptcy Code and Rules 2002,
4001, 6004, and 9014 of the Federal Rules of Bankruptcy Procedure (I) Authorizing the Debtors to Use Cash Collateral and Obtain Secured
Postpetition Financing; (II) Granting Liens and Superpriority Administrative Claims; (III) Providing Adequate Protection; and (IV) Granting
Related Relief (the “Final DIP Order”). By February 6, 2026, in accordance with the terms of the
Final DIP Order, the Debtors drew $75 million under the DIP Facility. The Debtors received $64.3 million on February 6, 2026 into their
Segregated Account, net any fees payable to the DIP Agent and the DIP Lenders and the amount of the Tranche A2 Term Loan (as defined in
the Final DIP Order). The remaining $10.7 million amount of the Tranche A2 Term Loan was syndicated to eligible participants of the DIP
Facility. The syndication process terminated on February 26, 2026, at 5:00 p.m. (prevailing Eastern Time), and the Debtors received the
$10.7 million Tranche A2 Term Loan on March 13, 2026. Additionally, the Debtors received $39.0 million of Tranche B Term Loan proceeds
during the week ended April 10, 2026, and an additional $1.0 million during the week ended April 17, 2026, for total Tranche B funding
of $40.0 million.
· 7j – Plan of Reorganization: On April 21, 2026, the Debtors filed the Fourth Amended
Joint Chapter 11 Plan of Reorganization of Office Properties Income Trust and Its Debtor Affiliates (the “Plan”)
[Docket No. 1223]. The Confirmation Hearing (as defined in the Plan) was held on April 22, 2026, and on April 22, 2026, the Bankruptcy
Court entered the Order Confirming the Fourth Amended Joint Chapter 11 Plan of Reorganization [Docket No. 1241] (the “Confirmation
Order”), confirming the Plan. As of the date of this MOR, the effective date of the Plan has not yet occurred.
7
UST Form 11-MOR (12/01/2021) 1
UNITED STATES BANKRUPTCY COURT
Southern DISTRICT OF Texas
Houston
In Re. Office Properties Income Trust
Debtor(s)
§
§
§
§
Case No. 25-90530
Lead Case No. 25-90530
Jointly Administered
Monthly Operating Report Chapter 11
Reporting Period Ended: 04/30/2026 Petition Date: 10/30/2025
Months Pending: 6 Industry Classification: 5 3 1 1
Reporting Method: Accrual Basis Cash Basis
Debtor's Full-Time Employees (current): 0
Debtor's Full-Time Employees (as of date of order for relief): 0
Supporting Documentation (check all that are attached):
(For jointly administered debtors, any required schedules must be provided on a non-consolidated basis for each debtor)
Statement of cash receipts and disbursements
Balance sheet containing the summary and detail of the assets, liabilities and equity (net worth) or deficit
Statement of operations (profit or loss statement)
Accounts receivable aging
Postpetition liabilities aging
Statement of capital assets
Schedule of payments to professionals
Schedule of payments to insiders
All bank statements and bank reconciliations for the reporting period
Description of the assets sold or transferred and the terms of the sale or transfer
Signature of Responsible Party Printed Name of Responsible Party
Date
Address
/s/ Timothy A. (“Tad”) Davidson II
05/29/2026
Timothy A. (“Tad”) Davidson II
600 Travis Street, Suite 4200, Houston, TX 77002
STATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R. §
1320.4(a)(2) applies.
UST Form 11-MOR (12/01/2021) 2
Debtor's Name Office Properties Income Trust Case No. 25-90530
Part 1: Cash Receipts and Disbursements Current Month Cumulative
a. Cash balance beginning of month $32,875,812
b. Total receipts (net of transfers between accounts) $40,120,906 $125,508,100
c. Total disbursements (net of transfers between accounts) $3,920,944 $27,549,582
d. Cash balance end of month (a+b-c) $69,075,774
e. Disbursements made by third party for the benefit of the estate $0 $0
f. Total disbursements for quarterly fee calculation (c+e) $3,920,944 $27,549,582
Part 2: Asset and Liability Status Current Month
(Not generally applicable to Individual Debtors. See Instructions.)
a. Accounts receivable (total net of allowance) $0
b. Accounts receivable over 90 days outstanding (net of allowance) $0
c. Inventory (Book Market Other (attach explanation)) $0
d Total current assets $76,891,775
e. Total assets $3,625,768,837
f. Postpetition payables (excluding taxes) $178,379,829
g. Postpetition payables past due (excluding taxes) $2,750
h. Postpetition taxes payable $68,085
i. Postpetition taxes past due $0
j. Total postpetition debt (f+h) $178,447,914
k. Prepetition secured debt $1,309,358,645
l. Prepetition priority debt $0
m. Prepetition unsecured debt $2,768,535,132
n. Total liabilities (debt) (j+k+l+m) $4,256,341,691
o. Ending equity/net worth (e-n) $-630,572,854
Part 3: Assets Sold or Transferred Current Month Cumulative
a. Total cash sales price for assets sold/transferred outside the ordinary
course of business $0 $0
b. Total payments to third parties incident to assets being sold/transferred
outside the ordinary course of business $0 $0
c. Net cash proceeds from assets sold/transferred outside the ordinary
course of business (a-b) $0 $0
Part 4: Income Statement (Statement of Operations) Current Month Cumulative
(Not generally applicable to Individual Debtors. See Instructions.)
a. Gross income/sales (net of returns and allowances) $0
b. Cost of goods sold (inclusive of depreciation, if applicable) $0
c. Gross profit (a-b) $0
d. Selling expenses $0
e. General and administrative expenses $85,828
f. Other expenses $0
g. Depreciation and/or amortization (not included in 4b) $0
h. Interest $1,091,305
i. Taxes (local, state, and federal) $0
j. Reorganization items $3,397,140
k. Profit (loss) $-4,574,273 $-55,096,711
UST Form 11-MOR (12/01/2021) 3
Debtor's Name Office Properties Income Trust Case No. 25-90530
Part 5: Professional Fees and Expenses
Approved
Current Month
Approved
Cumulative
Paid Current
Month
Paid
Cumulative
a. Debtor's professional fees & expenses (bankruptcy) Aggregate Total $4,286,503 $21,057,887 $4,286,503 $21,057,887
Itemized Breakdown by Firm
Firm Name Role
i Latham & Watkins LLP Lead Counsel $2,182,020 $11,060,363 $2,182,020 $11,060,363
ii Hunton Andrews Kurth LLP Local Counsel $272,425 $1,372,985 $272,425 $1,372,985
iii AP Services, LLC Financial Professional $1,250,151 $6,355,611 $1,250,151 $6,355,611
iv Quinn Emanuel Urquhart & Su Special Counsel $195,036 $984,791 $195,036 $984,791
v Moelis & Company LLC Financial Professional $90,000 $671,030 $90,000 $671,030
vi Sullivan & Worcester LLP Special Counsel $270,471 $586,707 $270,471 $586,707
vii PwC US Tax LLP Other $26,400 $26,400 $26,400 $26,400
viii
ix
x
xi
xii
xiii
xiv
xv
xvi
xvii
xviii
xix
xx
xxi
xxii
xxiii
xxiv
xxv
xxvi
xxvii
xxviii
xxix
xxx
xxxi
xxxii
xxxiii
xxxiv
xxxv
xxxvi
UST Form 11-MOR (12/01/2021) 4
Debtor's Name Office Properties Income Trust Case No. 25-90530
xxxvii
xxxvii
xxxix
xl
xli
xlii
xliii
xliv
xlv
xlvi
xlvii
xlviii
xlix
l
li
lii
liii
liv
lv
lvi
lvii
lviii
lix
lx
lxi
lxii
lxiii
lxiv
lxv
lxvi
lxvii
lxviii
lxix
lxx
lxxi
lxxii
lxxiii
lxxiv
lxxv
lxxvi
lxxvii
lxxviii
UST Form 11-MOR (12/01/2021) 5
Debtor's Name Office Properties Income Trust Case No. 25-90530
lxxix
lxxx
lxxxi
lxxxii
lxxxiii
lxxxiv
lxxxv
lxxxvi
lxxxvi
lxxxvi
lxxxix
xc
xci
xcii
xciii
xciv
xcv
xcvi
xcvii
xcviii
xcix
c
ci
Approved
Current Month
Approved
Cumulative
Paid Current
Month
Paid
Cumulative
b. Debtor's professional fees & expenses (nonbankruptcy) Aggregate Total $66,164 $312,923 $66,164 $312,923
Itemized Breakdown by Firm
Firm Name Role
i Benesch Friedlander Coplan & ASpecial Counsel $0 $463 $0 $463
ii Broadspire Services Inc Other $12,098 $12,266 $12,098 $12,266
iii Cox, Castle & Nicholson LLP Special Counsel $0 $11,612 $0 $11,612
iv Deloitte & Touche LLP Other $44,582 $240,050 $44,582 $240,050
v Fairfield and Woods PC Special Counsel $0 $345 $0 $345
vi Goulston & Storrs PC Special Counsel $1,163 $1,719 $1,163 $1,719
vii Klehr Harrison Harvey BranzbuSpecial Counsel $0 $11,811 $0 $11,811
viii Ryan, LLC Other $3,553 $7,447 $3,553 $7,447
ix Deloitte Tax LLP Other $0 $8,942 $0 $8,942
x Meridian Insights Other $4,500 $18,000 $4,500 $18,000
xi Miles & Stockbridge PC Special Counsel $268 $268 $268 $268
xii
xiii
xiv
UST Form 11-MOR (12/01/2021) 6
Debtor's Name Office Properties Income Trust Case No. 25-90530
xv
xvi
xvii
xviii
xix
xx
xxi
xxii
xxiii
xxiv
xxv
xxvi
xxvii
xxviii
xxix
xxx
xxxi
xxxii
xxxiii
xxxiv
xxxv
xxxvi
xxxvii
xxxvii
xxxix
xl
xli
xlii
xliii
xliv
xlv
xlvi
xlvii
xlviii
xlix
l
li
lii
liii
liv
lv
lvi
UST Form 11-MOR (12/01/2021) 7
Debtor's Name Office Properties Income Trust Case No. 25-90530
lvii
lviii
lix
lx
lxi
lxii
lxiii
lxiv
lxv
lxvi
lxvii
lxviii
lxix
lxx
lxxi
lxxii
lxxiii
lxxiv
lxxv
lxxvi
lxxvii
lxxviii
lxxix
lxxx
lxxxi
lxxxii
lxxxiii
lxxxiv
lxxxv
lxxxvi
lxxxvi
lxxxvi
lxxxix
xc
xci
xcii
xciii
xciv
xcv
xcvi
xcvii
xcviii
UST Form 11-MOR (12/01/2021) 8
Debtor's Name Office Properties Income Trust Case No. 25-90530
xcix
c
c. All professional fees and expenses (debtor & committees) $6,026,277 $29,832,239 $6,026,277 $29,832,239
Part 6: Postpetition Taxes Current Month Cumulative
a. Postpetition income taxes accrued (local, state, and federal) $0 $0
b. Postpetition income taxes paid (local, state, and federal) $0 $0
c. Postpetition employer payroll taxes accrued $0 $0
d. Postpetition employer payroll taxes paid $0 $0
e. Postpetition property taxes paid $0 $0
f. Postpetition other taxes accrued (local, state, and federal) $0 $0
g. Postpetition other taxes paid (local, state, and federal) $0 $0
Part 7: Questionnaire - During this reporting period:
a. Were any payments made on prepetition debt? (if yes, see Instructions) Yes No
b. Were any payments made outside the ordinary course of business Yes No
without court approval? (if yes, see Instructions)
c. Were any payments made to or on behalf of insiders? Yes No
d. Are you current on postpetition tax return filings? Yes No
e. Are you current on postpetition estimated tax payments? Yes No
f. Were all trust fund taxes remitted on a current basis? Yes No
g. Was there any postpetition borrowing, other than trade credit? Yes No
(if yes, see Instructions)
h. Were all payments made to or on behalf of professionals approved by
the court?
Yes No N/A
i. Do you have: Worker's compensation insurance? Yes No
If yes, are your premiums current? Yes No N/A (if no, see Instructions)
Casualty/property insurance? Yes No
If yes, are your premiums current? Yes No N/A (if no, see Instructions)
General liability insurance? Yes No
If yes, are your premiums current? Yes No N/A (if no, see Instructions)
j. Has a plan of reorganization been filed with the court? Yes No
k. Has a disclosure statement been filed with the court? Yes No
l. Are you current with quarterly U.S. Trustee fees as
set forth under 28 U.S.C. § 1930?
Yes No
UST Form 11-MOR (12/01/2021) 9
Debtor's Name Office Properties Income Trust Case No. 25-90530
Part 8: Individual Chapter 11 Debtors (Only)
a. Gross income (receipts) from salary and wages $0
b. Gross income (receipts) from self-employment $0
c. Gross income from all other sources $0
d. Total income in the reporting period (a+b+c) $0
e. Payroll deductions $0
f. Self-employment related expenses $0
g. Living expenses $0
h. All other expenses $0
i. Total expenses in the reporting period (e+f+g+h) $0
j. Difference between total income and total expenses (d-i) $0
k. List the total amount of all postpetition debts that are past due $0
l. Are you required to pay any Domestic Support Obligations as defined by 11
U.S.C § 101(14A)?
Yes No
m. If yes, have you made all Domestic Support Obligation payments? Yes No N/A
Privacy Act Statement
28 U.S.C. § 589b authorizes the collection of this information, and provision of this information is mandatory under 11 U.S.C.
§§ 704, 1106, and 1107. The United States Trustee will use this information to calculate statutory fee assessments under 28
U.S.C. § 1930(a)(6). The United States Trustee will also use this information to evaluate a chapter 11 debtor's progress through
the bankruptcy system, including the likelihood of a plan of reorganization being confirmed and whether the case is being
prosecuted in good faith. This information may be disclosed to a bankruptcy trustee or examiner when the information is
needed to perform the trustee's or examiner's duties or to the appropriate federal, state, local, regulatory, tribal, or foreign law
enforcement agency when the information indicates a violation or potential violation of law. Other disclosures may be made
for routine purposes. For a discussion of the types of routine disclosures that may be made, you may consult the Executive
Office for United States Trustee's systems of records notice, UST-001, "Bankruptcy Case Files and Associated Records." See 71
Fed. Reg. 59,818 et seq. (Oct. 11, 2006). A copy of the notice may be obtained at the following link: http://www.justice.gov/ust/
eo/rules_regulations/index.htm. Failure to provide this information could result in the dismissal or conversion of your
bankruptcy case or other action by the United States Trustee. 11 U.S.C. § 1112(b)(4)(F).
I declare under penalty of perjury that the foregoing Monthly Operating Report and its supporting
documentation are true and correct and that I have been authorized to sign this report on behalf of the estate.
/s/ John R. Castellano
Signature of Responsible Party
Chief Restructuring Officer
Printed Name of Responsible Party
05/29/2026
Title Date
John R. Castellano
UST Form 11-MOR (12/01/2021) 10
Debtor's Name Office Properties Income Trust Case No. 25-90530
PageOnePartOne
PageOnePartTwo
PageTwoPartOne
PageTwoPartTwo
UST Form 11-MOR (12/01/2021) 11
Debtor's Name Office Properties Income Trust Case No. 25-90530
Bankruptcy51to100
NonBankruptcy1to50
NonBankruptcy51to100
Bankruptcy1to50
UST Form 11-MOR (12/01/2021) 12
Debtor's Name Office Properties Income Trust Case No. 25-90530
PageFour
PageThree
United States Bankruptcy Court
Southern District of Texas Houston Division
In re: Case No. 25-90530 (CML)
Office Properties Income Trust, et al. Reporting Period: April 1, 2026 through April 30, 2026
Debtors
Support Documentation to MOR - 1
Cash Receipts and Disbursements by Legal Entity
For the period 4/1/2026 through 4/30/2026
(See Global Notes for Additional Details)
Office Properties
Income Trust
Government
Properties Income
Trust LLC
112 Ave Miami LLC 20 Mass Ave TRS Inc. 3400 Plano TX LLC 440 First Street LLC ACP East LLC Bayside Pkwy
Fremont 2 LLC
Burt Street Omaha
LLC Clay Holdco LLC
Case No. 25-90530 Case No. 25-90536 Case No. 25-90551 Case No. 25-90565 Case No. 25-90555 Case No. 25-90570 Case No. 25-90573 Case No. 25-90532 Case No. 25-90556 Case No. 25-90576
Rent and Other Receipts 120,906 552,919 278,097 4,426,477 - 466,674 33,788 58,762 200,237 -
Operating Disbursements
Payroll & Benefits - (19,299) (8,958) - (4,152) (35,757) (5,587) (6,078) (4,059) -
Property and Other Taxes - (50,493) (6) - (6) (516,075) (2) (3) (4) -
Property Management Fees - (9,202) (9,128) - (4,101) (20,299) (1,768) (927) (6,886) -
Business Management Fee - (67,187) (6,306) - (6,939) (19,449) (1,918) (3,227) (4,001) -
Insurance - - - - - - - - - -
Utilities - (40,661) (19,679) - (23) (43,381) (1,336) (10) (13) -
Maintenance & Other Expenses - (161,265) (58,304) - (424) (103,878) (4,277) (13,596) (2,740) -
Corporate G&A - (18,536) (1,740) - (1,914) (5,366) (529) (890) (1,104) -
Total Operating Disbursements - (366,642) (104,119) - (17,560) (744,206) (15,418) (24,732) (18,807) -
Total Capex - (3,500) - - - (16,704) - - - -
Total Hotel Disbursements - - - (2,249,622) - - - - - -
Net Cash Flow From Operations 120,906 182,777 173,978 2,176,855 (17,560) (294,237) 18,371 34,030 181,430 -
Non-Operating Disbursements
Debt Service (1,204,937) - - - - - - - - -
Professional Fees (2,716,007) - - - - - - - - -
Utility Deposits - - - - - - - - - -
First Day Motions - Taxes - - - - - (103,350) - - - -
First Day Motions - Vendors - - - - - - - - - -
First Day Motions - Return of Tenant Deposits - - - - - - - - - -
Total Non-Operating Disbursements (3,920,944) - - - - (103,350) - - - -
Asset Sales - - - - - - - - - -
Net Cash Flow (3,800,038) 182,777 173,978 2,176,855 (17,560) (397,587) 18,371 34,030 181,430 -
DIP Proceeds 40,000,000 - - - - - - - - -
Net Cash Flow After Financing 36,199,962 182,777 173,978 2,176,855 (17,560) (397,587) 18,371 34,030 181,430 -
Beg. Cash Balance 32,875,812 11,892,290 - 955,896 - 3,050,435 - - - -
(+/-) Net Cash Flow After Financing 36,199,962 182,777 173,978 2,176,855 (17,560) (397,587) 18,371 34,030 181,430 -
MOR Part 1 d. Cash Balance $ 69,075,774 $ 12,075,067 $ 173,978 $ 3,132,751 $ (17,560) $ 2,652,848 $ 18,371 $ 34,030 $ 181,430 $ -
(+/-) Net Cash Flow from/to CMBS (1,064,413) - - - - - - - - -
(+/-) Sonesta Controlled Accounts Net Activity - - - (1,490,310) - - - - - -
(+/-) Professional Fee Reserve Net Activity 2,995,182 - - - - - - - - -
(+/-) Utility Disbursement Reserve Net Activity - - - - - - - - - -
(+/-) Intercompany Transactions, net, and Cash In Transit 5,885,232 (1,753,752) (173,978) - 17,560 78,053 (18,371) (34,030) (181,430) -
Cash Balance End of Period, Book $ 76,891,775 $ 10,321,315 $ - $ 1,642,441 $ - $ 2,730,901 $ - $ - $ - $ -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 1
Cash Receipts and Disbursements by Legal Entity
For the period 4/1/2026 through 4/30/2026
(See Global Notes for Additional Details)
Rent and Other Receipts
Operating Disbursements
Payroll & Benefits
Property and Other Taxes
Property Management Fees
Business Management Fee
Insurance
Utilities
Maintenance & Other Expenses
Corporate G&A
Total Operating Disbursements
Total Capex
Total Hotel Disbursements
Net Cash Flow From Operations
Non-Operating Disbursements
Debt Service
Professional Fees
Utility Deposits
First Day Motions - Taxes
First Day Motions - Vendors
First Day Motions - Return of Tenant Deposits
Total Non-Operating Disbursements
Asset Sales
Net Cash Flow
DIP Proceeds
Net Cash Flow After Financing
Beg. Cash Balance
(+/-) Net Cash Flow After Financing
MOR Part 1 d. Cash Balance
(+/-) Net Cash Flow from/to CMBS
(+/-) Sonesta Controlled Accounts Net Activity
(+/-) Professional Fee Reserve Net Activity
(+/-) Utility Disbursement Reserve Net Activity
(+/-) Intercompany Transactions, net, and Cash In Transit
Cash Balance End of Period, Book
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
Clay Road Houston
LLC CRI SIR LLC Elliott Ave Seattle LLC Ewing Holdco LLC First Potomac DC
Holdings, LLC
FP 11 Dupont Circle,
LLC
FP 1211 Connecticut
Avenue, LLC FP 1401 K, LLC FP 1775 Wiehle
Avenue, LLC FP 540 Gaither, LLC
Case No. 25-90557 Case No. 25-90578 Case No. 25-90558 Case No. 25-90581 Case No. 25-90584 Case No. 25-90534 Case No. 25-90590 Case No. 25-90540 Case No. 25-90593 Case No. 25-90537
204,725 - 635,326 - - 271,145 238,020 235,238 272,850 166,360
(2,975) - (28,842) - - (26,377) (32,769) (37,625) (15,522) (15,530)
(6) - (893,958) - - (368,489) (298,436) (79,321) (8) (7)
(6,142) - (19,297) - - (14,824) (6,594) (12,675) (9,086) (7,979)
(6,867) - (62,815) - - (22,839) (14,456) (17,605) (8,827) (8,222)
- - - - - - - - - -
(22) - (40,053) - - (29,790) (45,486) (22,474) (26,623) (13,989)
(781) - (214,845) - - (64,382) (67,763) (65,722) (44,654) (52,891)
(1,894) - (17,329) - - (6,301) (3,988) (4,857) (2,435) (2,268)
(18,688) - (1,277,140) - - (533,001) (469,491) (240,280) (107,155) (100,886)
- - (25,379) - - - - - (544,895) -
- - - - - - - - - -
186,037 - (667,193) - - (261,857) (231,472) (5,042) (379,200) 65,473
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - (71,423) (58,713) (60,246) (1,026) -
- - (5,970) - - - (1,500) (2,221) - -
- - - - - - - - - -
- - (5,970) - - (71,423) (60,213) (62,467) (1,026) -
- - - - - - - - - -
186,037 - (673,163) - - (333,280) (291,685) (67,509) (380,226) 65,473
- - - - - - - - - -
186,037 - (673,163) - - (333,280) (291,685) (67,509) (380,226) 65,473
- - - - - - - - - -
186,037 - (673,163) - - (333,280) (291,685) (67,509) (380,226) 65,473
$ 186,037 $ - $ (673,163) $ - $ - $ (333,280) $ (291,685) $ (67,509) $ (380,226) $ 65,473
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
(186,037) - 673,163 - - 333,280 291,685 67,509 380,226 (65,473)
$ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 1
Cash Receipts and Disbursements by Legal Entity
For the period 4/1/2026 through 4/30/2026
(See Global Notes for Additional Details)
Rent and Other Receipts
Operating Disbursements
Payroll & Benefits
Property and Other Taxes
Property Management Fees
Business Management Fee
Insurance
Utilities
Maintenance & Other Expenses
Corporate G&A
Total Operating Disbursements
Total Capex
Total Hotel Disbursements
Net Cash Flow From Operations
Non-Operating Disbursements
Debt Service
Professional Fees
Utility Deposits
First Day Motions - Taxes
First Day Motions - Vendors
First Day Motions - Return of Tenant Deposits
Total Non-Operating Disbursements
Asset Sales
Net Cash Flow
DIP Proceeds
Net Cash Flow After Financing
Beg. Cash Balance
(+/-) Net Cash Flow After Financing
MOR Part 1 d. Cash Balance
(+/-) Net Cash Flow from/to CMBS
(+/-) Sonesta Controlled Accounts Net Activity
(+/-) Professional Fee Reserve Net Activity
(+/-) Utility Disbursement Reserve Net Activity
(+/-) Intercompany Transactions, net, and Cash In Transit
Cash Balance End of Period, Book
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
FP 6310 Hillside
Center, LLC
FP 6315 Hillside
Center, LLC
FP 840 First Street,
LLC
FP Atlantic Corporate
Park, LLC
FP Patuxent
Parkway, LLC
FP Redland
Technology Center
LLC
FP Sterling Park Land,
LLC GOV Lake Fairfax Inc. GOV Lakewood
Properties Trust GOV NEW OPPTY LP
Case No. 25-90594 Case No. 25-90543 Case No. 25-90587 Case No. 25-90531 Case No. 25-90546 Case No. 25-90533 Case No. 25-90596 Case No. 25-90599 Case No. 25-90560 Case No. 25-90564
63,666 14,936 95,583 507,134 121,672 435,120 - - - -
(7,370) (5,435) (36,268) (31,417) (20,736) (32,615) - (8,441) (10,555) -
(1) (1) (496,276) (10) (6) (20) (0) (15) (9) -
(3,749) (601) (6,090) (37,727) (6,726) (40,461) - - (947) -
(1,170) (1,245) (30,734) (11,297) (6,777) (22,453) (261) (16,661) (6,257) -
- - - - - - - - - -
(11,515) (6,530) (37,788) (69,082) (28,992) (59,191) (1) (15,757) (3,864) -
(20,935) (12,463) (57,229) (87,958) (70,733) (136,778) - (21,849) (13,653) -
(323) (344) (8,479) (3,117) (1,870) (6,194) (72) (4,597) (1,726) -
(45,063) (26,619) (672,863) (240,609) (135,840) (297,714) (334) (67,320) (37,011) -
- - - (66,732) - (417,708) - (33,083) - -
- - - - - - - - - -
18,603 (11,683) (577,281) 199,793 (14,169) (280,302) (334) (100,403) (37,011) -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - (97,210) - - - - - (209,775) -
- - - - - - - - - -
- - - - - - - - (13,184) -
- - (97,210) - - - - - (222,959) -
- - - - - - - - - -
18,603 (11,683) (674,491) 199,793 (14,169) (280,302) (334) (100,403) (259,970) -
- - - - - - - - - -
18,603 (11,683) (674,491) 199,793 (14,169) (280,302) (334) (100,403) (259,970) -
- - - - - - - - - -
18,603 (11,683) (674,491) 199,793 (14,169) (280,302) (334) (100,403) (259,970) -
$ 18,603 $ (11,683) $ (674,491) $ 199,793 $ (14,169) $ (280,302) $ (334) $ (100,403) $ (259,970) $ -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
(18,603) 11,683 674,491 (199,793) 14,169 280,302 334 100,403 259,970 -
$ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 1
Cash Receipts and Disbursements by Legal Entity
For the period 4/1/2026 through 4/30/2026
(See Global Notes for Additional Details)
Rent and Other Receipts
Operating Disbursements
Payroll & Benefits
Property and Other Taxes
Property Management Fees
Business Management Fee
Insurance
Utilities
Maintenance & Other Expenses
Corporate G&A
Total Operating Disbursements
Total Capex
Total Hotel Disbursements
Net Cash Flow From Operations
Non-Operating Disbursements
Debt Service
Professional Fees
Utility Deposits
First Day Motions - Taxes
First Day Motions - Vendors
First Day Motions - Return of Tenant Deposits
Total Non-Operating Disbursements
Asset Sales
Net Cash Flow
DIP Proceeds
Net Cash Flow After Financing
Beg. Cash Balance
(+/-) Net Cash Flow After Financing
MOR Part 1 d. Cash Balance
(+/-) Net Cash Flow from/to CMBS
(+/-) Sonesta Controlled Accounts Net Activity
(+/-) Professional Fee Reserve Net Activity
(+/-) Utility Disbursement Reserve Net Activity
(+/-) Intercompany Transactions, net, and Cash In Transit
Cash Balance End of Period, Book
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
GOV NEW OPPTY LP
REIT
GOV NEW OPPTY
REIT GPT Properties LLC GPT Properties Trust Grand Oak Circle
Tampa LLC
Jan Davis Huntsville
LLC OPI 25 Exchange LLC OPI AL Properties LLC OPI BND Holdings
Trust
OPI BND Properties
LLC
Case No. 25-90562 Case No. 25-90567 Case No. 25-90538 Case No. 25-90541 Case No. 25-90544 Case No. 25-90552 Case No. 25-90547 Case No. 25-90569 Case No. 25-90572 Case No. 25-90574
- - 33,500 1,480,511 63,617 80,059 576,252 273,832 - 2,598,849
- - (6,663) (79,692) (9,777) (5,189) (41,562) (15,385) - (143,754)
- - (2) (220,806) (3) (2) (169,127) (5) - (52,786)
- - (989) (48,429) (4,878) (2,633) (30,667) (8,285) - (182,235)
- - (2,441) (37,649) (3,207) (2,115) (21,216) (5,961) - (81,592)
- - - - - - - - - (2,625)
- - (1,589) (93,683) (10,272) (7) (56,787) (28,937) - (151,447)
- - (6,028) (279,181) (27,452) (35) (145,920) (24,007) - (380,835)
- - (673) (10,387) (885) (583) (5,853) (1,644) - (22,510)
- - (18,386) (769,827) (56,475) (10,563) (471,133) (84,224) - (1,017,785)
- - (2,600) (19,500) (110,820) - - - - (1,406,724)
- - - - - - - - - -
- - 12,514 691,185 (103,677) 69,496 105,119 189,608 - 174,340
- - - - - - - - - -
- - - - - - (1,550,740) - - (2,379,663)
- - - - - - - - - -
- - - - - - - - - (73,824)
- - - (3,833) - - - - - -
- - - - - - - - - -
- - - (3,833) - - (1,550,740) - - (2,453,487)
- - - - - - - - - -
- - 12,514 687,351 (103,677) 69,496 (1,445,621) 189,608 - (2,279,147)
- - - - - - - - - -
- - 12,514 687,351 (103,677) 69,496 (1,445,621) 189,608 - (2,279,147)
- - - - - - 22,176 - - 9,038,905
- - 12,514 687,351 (103,677) 69,496 (1,445,621) 189,608 - (2,279,147)
$ - $ - $ 12,514 $ 687,351 $ (103,677) $ 69,496 $ (1,423,445) $ 189,608 $ - $ 6,759,758
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - (12,514) (687,351) 103,677 (69,496) 1,548,193 (189,608) - (6,754,934)
$ - $ - $ - $ - $ - $ - $ 124,748 $ - $ - $ 4,824
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 1
Cash Receipts and Disbursements by Legal Entity
For the period 4/1/2026 through 4/30/2026
(See Global Notes for Additional Details)
Rent and Other Receipts
Operating Disbursements
Payroll & Benefits
Property and Other Taxes
Property Management Fees
Business Management Fee
Insurance
Utilities
Maintenance & Other Expenses
Corporate G&A
Total Operating Disbursements
Total Capex
Total Hotel Disbursements
Net Cash Flow From Operations
Non-Operating Disbursements
Debt Service
Professional Fees
Utility Deposits
First Day Motions - Taxes
First Day Motions - Vendors
First Day Motions - Return of Tenant Deposits
Total Non-Operating Disbursements
Asset Sales
Net Cash Flow
DIP Proceeds
Net Cash Flow After Financing
Beg. Cash Balance
(+/-) Net Cash Flow After Financing
MOR Part 1 d. Cash Balance
(+/-) Net Cash Flow from/to CMBS
(+/-) Sonesta Controlled Accounts Net Activity
(+/-) Professional Fee Reserve Net Activity
(+/-) Utility Disbursement Reserve Net Activity
(+/-) Intercompany Transactions, net, and Cash In Transit
Cash Balance End of Period, Book
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
OPI Notex Holdings
Trust
OPI Notex Properties
LLC OPI TRS Inc. OPI WF Borrower LLC OPI WF Holding LLC OPI WF Owner LLC Primerica Holdco LLC Santa Clara (Walsh)
LLC SC Merger Sub LLC Schrock Road
Columbus LLC
Case No. 25-90554 Case No. 25-90550 Case No. 25-90529 Case No. 25-90577 Case No. 25-90580 Case No. 25-90583 Case No. 25-90586 Case No. 25-90589 Case No. 25-90591 Case No. 25-90553
- 3,172,812 - - - 7,685,218 - 228,803 - 41,286
- (154,786) - - - (355,033) - (5,025) - (4,395)
- (92,289) - - - (113,538) - (6) - (1)
- (134,103) - - - (251,232) - (6,130) - (1,221)
- (102,699) - - - (223,084) - (6,255) - (1,452)
- - - - - - - - - -
- (363,935) - - - (442,038) - (20) - (5)
- (631,963) - - - (1,364,043) - (970) - (967)
- (28,363) - - - (69,541) - (1,726) - (401)
- (1,508,137) - - - (2,818,509) - (20,132) - (8,443)
- (15,293) - - - (120,648) - - - -
- - - - - - - - - -
- 1,649,381 - - - 4,746,061 - 208,671 - 32,843
- - - - - (3,929,795) - - - -
- (3,888,536) - - - (1,670,958) - - - -
- - - - - - - - - -
- - - - - (34,349) - - - -
- (363,745) - - - (14,768) - - - -
- - - - - - - - - -
- (4,252,281) - - - (5,649,870) - - - -
- - - - - - - - - -
- (2,602,900) - - - (903,808) - 208,671 - 32,843
- - - - - - - - - -
- (2,602,900) - - - (903,808) - 208,671 - 32,843
- 125,723 - - - 7,729,359 - - - -
- (2,602,900) - - - (903,808) - 208,671 - 32,843
$ - $ (2,477,177) $ - $ - $ - $ 6,825,550 $ - $ 208,671 $ - $ 32,843
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- 2,477,203 - - - 903,146 - (208,671) - (32,843)
$ - $ 26 $ - $ - $ - $ 7,728,696 $ - $ - $ - $ -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 1
Cash Receipts and Disbursements by Legal Entity
For the period 4/1/2026 through 4/30/2026
(See Global Notes for Additional Details)
Rent and Other Receipts
Operating Disbursements
Payroll & Benefits
Property and Other Taxes
Property Management Fees
Business Management Fee
Insurance
Utilities
Maintenance & Other Expenses
Corporate G&A
Total Operating Disbursements
Total Capex
Total Hotel Disbursements
Net Cash Flow From Operations
Non-Operating Disbursements
Debt Service
Professional Fees
Utility Deposits
First Day Motions - Taxes
First Day Motions - Vendors
First Day Motions - Return of Tenant Deposits
Total Non-Operating Disbursements
Asset Sales
Net Cash Flow
DIP Proceeds
Net Cash Flow After Financing
Beg. Cash Balance
(+/-) Net Cash Flow After Financing
MOR Part 1 d. Cash Balance
(+/-) Net Cash Flow from/to CMBS
(+/-) Sonesta Controlled Accounts Net Activity
(+/-) Professional Fee Reserve Net Activity
(+/-) Utility Disbursement Reserve Net Activity
(+/-) Intercompany Transactions, net, and Cash In Transit
Cash Balance End of Period, Book
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
SIR Campbell Place
Inc. SIR Centennial LLC SIR Colorado Springs
LLC SIR Fort Mill LLC SIR GP Redwood City
LLC
SIR Holdings
Corporation
SIR Irving (Freeport)
LLC SIR Johnston LLC SIR Omaha LLC SIR Operating
Partnership LP
Case No. 25-90535 Case No. 25-90595 Case No. 25-90598 Case No. 25-90559 Case No. 25-90561 Case No. 25-90563 Case No. 25-90539 Case No. 25-90566 Case No. 25-90568 Case No. 25-90571
103,641 55,811 4,952 193,320 - - - 280,255 1,238 -
(7,121) (13,542) - (4,059) - - (3,634) (4,175) (5,495) -
(4) (8) - (2) - - (19) (8) (9) -
(3,271) (10,396) - (2,002) - - - (8,408) (1,233) -
(4,403) (9,020) - (2,185) - - (21,131) (9,151) (9,914) -
- - - - - - - - - -
(2,896) (20,207) - (7) - - (65,148) (30) (12,965) -
(17,489) (39,419) - (143) - - (15,676) (112) (31,981) -
(1,215) (2,489) - (603) - - (5,830) (2,525) (2,735) -
(36,398) (95,082) - (9,002) - - (111,438) (24,408) (64,333) -
- - - - - - - - - -
- - - - - - - - - -
67,243 (39,271) 4,952 184,318 - - (111,438) 255,847 (63,095) -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
67,243 (39,271) 4,952 184,318 - - (111,438) 255,847 (63,095) -
- - - - - - - - - -
67,243 (39,271) 4,952 184,318 - - (111,438) 255,847 (63,095) -
- - 12,373,397 - - - - - - -
67,243 (39,271) 4,952 184,318 - - (111,438) 255,847 (63,095) -
$ 67,243 $ (39,271) $ 12,378,349 $ 184,318 $ - $ - $ (111,438) $ 255,847 $ (63,095) $ -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
(67,243) 39,271 625,860 (184,318) - - 111,438 (255,847) 63,095 -
$ - $ - $ 13,004,210 $ - $ - $ - $ - $ - $ - $ -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 1
Cash Receipts and Disbursements by Legal Entity
For the period 4/1/2026 through 4/30/2026
(See Global Notes for Additional Details)
Rent and Other Receipts
Operating Disbursements
Payroll & Benefits
Property and Other Taxes
Property Management Fees
Business Management Fee
Insurance
Utilities
Maintenance & Other Expenses
Corporate G&A
Total Operating Disbursements
Total Capex
Total Hotel Disbursements
Net Cash Flow From Operations
Non-Operating Disbursements
Debt Service
Professional Fees
Utility Deposits
First Day Motions - Taxes
First Day Motions - Vendors
First Day Motions - Return of Tenant Deposits
Total Non-Operating Disbursements
Asset Sales
Net Cash Flow
DIP Proceeds
Net Cash Flow After Financing
Beg. Cash Balance
(+/-) Net Cash Flow After Financing
MOR Part 1 d. Cash Balance
(+/-) Net Cash Flow from/to CMBS
(+/-) Sonesta Controlled Accounts Net Activity
(+/-) Professional Fee Reserve Net Activity
(+/-) Utility Disbursement Reserve Net Activity
(+/-) Intercompany Transactions, net, and Cash In Transit
Cash Balance End of Period, Book
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
SIR Parsippany
(Jefferson) LLC SIR Philadelphia LLC SIR Properties REIT
LLC SIR Properties Trust SIR Redwood City LP SIR REIT New
Braunfels LLC SIR REIT Plano LLC SIR Rocklin (Office)
LLC SIR San Jose LLC SIR Santa Clara LP
Case No. 25-90542 Case No. 25-90549 Case No. 25-90575 Case No. 25-90579 Case No. 25-90582 Case No. 25-90545 Case No. 25-90585 Case No. 25-90588 Case No. 25-90548 Case No. 25-90592
- - 1,420,784 152,524 - 290,753 - - 315,883 -
(10,478) (3,228) (59,738) (17,309) (5,025) (9,183) (14,148) - (3,626) -
(76,959) (17) (13,457) (12) (8) (3) (5) - (7) -
- - (29,044) (16,750) 767 (6,189) (11,726) - (9,990) -
(8,280) (18,752) (20,872) (13,760) (8,309) (3,678) (5,889) - (8,236) -
- - - - - - - - - -
(12,352) (58,653) (49,504) (17,285) (54,256) (17,215) (19) - (2,780) -
(17,678) (62,968) (92,306) (17,811) (35,327) (27,049) (90,044) - (12,001) -
(2,284) (5,173) (5,758) (3,796) (2,292) (1,015) (1,625) - (2,272) -
(128,031) (148,791) (270,680) (86,723) (104,450) (64,332) (123,456) - (38,911) -
- - (104,627) - (6,275) - - - - -
- - - - - - - - - -
(128,031) (148,791) 1,045,478 65,801 (110,725) 226,420 (123,456) - 276,972 -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - (457,712) - - - - - - -
- (66) (3,782) - - - - - - -
- - - - - - - - - -
- (66) (461,494) - - - - - - -
- - - - - - - - - -
(128,031) (148,857) 583,984 65,801 (110,725) 226,420 (123,456) - 276,972 -
- - - - - - - - - -
(128,031) (148,857) 583,984 65,801 (110,725) 226,420 (123,456) - 276,972 -
- - - - - - - - - -
(128,031) (148,857) 583,984 65,801 (110,725) 226,420 (123,456) - 276,972 -
$ (128,031) $ (148,857) $ 583,984 $ 65,801 $ (110,725) $ 226,420 $ (123,456) $ - $ 276,972 $ -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
128,031 148,857 (583,984) (65,801) 110,725 (226,420) 123,456 - (276,972) -
$ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 1
Cash Receipts and Disbursements by Legal Entity
For the period 4/1/2026 through 4/30/2026
(See Global Notes for Additional Details)
Rent and Other Receipts
Operating Disbursements
Payroll & Benefits
Property and Other Taxes
Property Management Fees
Business Management Fee
Insurance
Utilities
Maintenance & Other Expenses
Corporate G&A
Total Operating Disbursements
Total Capex
Total Hotel Disbursements
Net Cash Flow From Operations
Non-Operating Disbursements
Debt Service
Professional Fees
Utility Deposits
First Day Motions - Taxes
First Day Motions - Vendors
First Day Motions - Return of Tenant Deposits
Total Non-Operating Disbursements
Asset Sales
Net Cash Flow
DIP Proceeds
Net Cash Flow After Financing
Beg. Cash Balance
(+/-) Net Cash Flow After Financing
MOR Part 1 d. Cash Balance
(+/-) Net Cash Flow from/to CMBS
(+/-) Sonesta Controlled Accounts Net Activity
(+/-) Professional Fee Reserve Net Activity
(+/-) Utility Disbursement Reserve Net Activity
(+/-) Intercompany Transactions, net, and Cash In Transit
Cash Balance End of Period, Book
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
SIR Westford LLC Twelve24 Atlanta LLC West Java Sunnyvale
LLC
Case No. 25-90597 Case No. 25-90600 Case No. 25-90601
- 24,467 385,518
- (24,559) (3,192)
- (36) (6)
- (52,473) (11,409)
- (39,652) (6,486)
- - -
- (58,585) (2,114)
- (204,873) (94)
- (10,939) (1,789)
- (391,116) (25,091)
- - -
- - -
- (366,648) 360,427
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- (366,648) 360,427
- - -
- (366,648) 360,427
- - -
- (366,648) 360,427
$ - $ (366,648) $ 360,427
- - -
- - -
- - -
- - -
- 366,648 (360,427)
$ - $ - $ -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re: Case No. 25-90530 (CML)
Office Properties Income Trust, et al. Reporting Period: April 1, 2026 through April 30, 2026
Debtors
Support Documentation to MOR - 2
Balance Sheet by Legal Entity
For the period ended 4/30/2026
Office Properties
Income Trust
Government
Properties Income
Trust LLC
112 Ave Miami LLC 20 Mass Ave TRS Inc. 3400 Plano TX LLC 440 First Street LLC ACP East LLC Bayside Pkwy
Fremont 2 LLC
Burt Street Omaha
LLC Clay Holdco LLC
Case No. 25-90530 Case No. 25-90536 Case No. 25-90551 Case No. 25-90565 Case No. 25-90555 Case No. 25-90570 Case No. 25-90573 Case No. 25-90532 Case No. 25-90556 Case No. 25-90576
Cash and cash equivalents 38,454,750 10,302,086 - 1,642,441 - - - - - -
Restricted cash 38,437,026 19,229 - - - 2,730,901 - - - -
Rents receivable - 799,413 816,834 418,975 296,888 3,783,075 123,131 2,910,454 1,898,966 -
Total Current Assets 76,891,775 11,120,728 816,834 2,061,416 296,888 6,513,976 123,131 2,910,454 1,898,966 -
Land - 14,589,447 4,798,130 - 4,543,015 27,903,162 2,477,233 10,783,527 2,819,172 -
Buildings and improvements - 293,674,773 5,170,147 - 16,285,485 42,581,277 5,037,689 2,125,461 10,897,668 -
Accumulated depreciation - (88,102,434) (1,458,845) - (3,356,136) (9,271,116) (1,502,124) (361,325) (1,835,258) -
Real estate properties (net) - 220,161,786 8,509,432 - 17,472,364 61,213,322 6,012,798 12,547,662 11,881,582 -
Due from related parties 63,488,534 610,440,776 11,999,679 988,592 8,927,503 27,576,864 278,143 7,984,983 615,707 -
Deferred leasing costs (net) - 456,083 - - 877,314 3,794,139 108,492 2,303,564 1,303,964 -
Acquired real estate leases - net - - 115,741 - 1,794,053 2,381,957 - 1,145,167 - -
Other assets (net) 3,485,388,528 (139,380,442) (16,783,869) 548,000 (25,292,166) (88,432,232) (8,159,571) (16,198,840) 3,026 -
Total Assets 3,625,768,837 702,798,932 4,657,817 3,598,008 4,075,955 13,048,026 (1,637,007) 10,692,990 15,703,245 -
Accounts payable and other liabilities 50,635,414 1,279,587 170,816 5,004,637 4,015 3,031,574 52,692 636,523 314,752 -
Due to related parties - 6,196,036 - - - 132,051 - 85,796 - -
Assumed real estate lease obligations (net) - - - - 925,168 - - - - -
Secured debt (net) 409,178,145 - - - - - - - - -
Liabilities subject to compromise 3,796,528,132 31,952 4,322 - 139 35,248 2,456 3,462 13,264,133 -
Total Liabilities 4,256,341,690 7,507,575 175,138 5,004,637 929,323 3,198,873 55,148 725,780 13,578,885 -
Common shares of beneficial interest 739,411 - - - - - - - - -
Additional paid in capital 2,658,636,481 - - - - - - - - -
Cumulative net income (1,820,032,949) 695,191,357 4,482,679 (1,406,630) 3,146,633 9,849,154 (1,692,155) 9,967,209 2,124,360 -
Cumulative common distributions (1,469,915,797) 100,000 - - - - - - - -
Total Shareholders' Equity (630,572,854) 695,291,357 4,482,679 (1,406,630) 3,146,633 9,849,154 (1,692,155) 9,967,209 2,124,360 -
Total Liabilities and Shareholders' Equity 3,625,768,837 702,798,932 4,657,817 3,598,008 4,075,955 13,048,026 (1,637,007) 10,692,990 15,703,245 -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 2
Balance Sheet by Legal Entity
For the period ended 4/30/2026
Cash and cash equivalents
Restricted cash
Rents receivable
Total Current Assets
Land
Buildings and improvements
Accumulated depreciation
Real estate properties (net)
Due from related parties
Deferred leasing costs (net)
Acquired real estate leases - net
Other assets (net)
Total Assets
Accounts payable and other liabilities
Due to related parties
Assumed real estate lease obligations (net)
Secured debt (net)
Liabilities subject to compromise
Total Liabilities
Common shares of beneficial interest
Additional paid in capital
Cumulative net income
Cumulative common distributions
Total Shareholders' Equity
Total Liabilities and Shareholders' Equity
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
Clay Road Houston
LLC CRI SIR LLC Elliott Ave Seattle LLC Ewing Holdco LLC First Potomac DC
Holdings, LLC
FP 11 Dupont Circle,
LLC
FP 1211 Connecticut
Avenue, LLC FP 1401 K, LLC FP 1775 Wiehle
Avenue, LLC FP 540 Gaither, LLC
Case No. 25-90557 Case No. 25-90578 Case No. 25-90558 Case No. 25-90581 Case No. 25-90584 Case No. 25-90534 Case No. 25-90590 Case No. 25-90540 Case No. 25-90593 Case No. 25-90537
- - - - - - - - - -
- - - - - - - - - -
640,922 - 4,197,823 - - 6,316,173 1,904,675 2,549,835 650,619 (43,224)
640,922 - 4,197,823 - - 6,316,173 1,904,675 2,549,835 650,619 (43,224)
5,494,791 - 26,639,923 - - 28,254,691 30,387,895 29,215,662 4,137,884 10,740,463
12,686,047 - 204,920,395 - - 69,276,820 28,254,580 42,876,580 31,819,187 20,787,449
(3,383,969) - (29,430,348) - - (20,315,758) (7,912,359) (13,237,322) (8,230,322) (5,015,460)
14,796,869 - 202,129,970 - - 77,215,754 50,730,117 58,854,920 27,726,748 26,512,452
12,161,187 - 1,203,302 - - 1,486,875 - 963,347 6,513,649 4,237,664
241,622 - 1,614,184 - - 3,038,602 693,187 816,721 751,607 405,214
- - - - - 750,877 491,518 802,764 545,544 269,206
(20,952,291) - (27,349,301) - - (19,159,464) (37,377,849) (40,761,584) (36,305,861) (30,877,318)
6,888,309 - 181,795,977 - - 69,648,817 16,441,648 23,226,002 (117,695) 503,993
207,569 - 83,551 - - 884,127 512,233 630,921 267,951 260,106
- - - - - - 370,223 - - -
- - - - - - - 364 - -
- - - - - - - - - -
51 - 207,159,299 - 5,734,868 79,693,941 25,385,826 35,701,967 16,363 35,450
207,620 - 207,242,850 - 5,734,868 80,578,068 26,268,283 36,333,252 284,314 295,556
- - - - - - - - - -
- - - - - - - - - -
6,680,689 - (25,446,873) - (5,734,868) (10,929,250) (9,826,635) (13,107,250) (402,009) 208,436
- - - - - - - - - -
6,680,689 - (25,446,873) - (5,734,868) (10,929,250) (9,826,635) (13,107,250) (402,009) 208,436
6,888,309 - 181,795,977 - - 69,648,817 16,441,648 23,226,002 (117,695) 503,993
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 2
Balance Sheet by Legal Entity
For the period ended 4/30/2026
Cash and cash equivalents
Restricted cash
Rents receivable
Total Current Assets
Land
Buildings and improvements
Accumulated depreciation
Real estate properties (net)
Due from related parties
Deferred leasing costs (net)
Acquired real estate leases - net
Other assets (net)
Total Assets
Accounts payable and other liabilities
Due to related parties
Assumed real estate lease obligations (net)
Secured debt (net)
Liabilities subject to compromise
Total Liabilities
Common shares of beneficial interest
Additional paid in capital
Cumulative net income
Cumulative common distributions
Total Shareholders' Equity
Total Liabilities and Shareholders' Equity
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
FP 6310 Hillside
Center, LLC
FP 6315 Hillside
Center, LLC
FP 840 First Street,
LLC
FP Atlantic Corporate
Park, LLC
FP Patuxent
Parkway, LLC
FP Redland
Technology Center
LLC
FP Sterling Park Land,
LLC GOV Lake Fairfax Inc. GOV Lakewood
Properties Trust GOV NEW OPPTY LP
Case No. 25-90594 Case No. 25-90543 Case No. 25-90587 Case No. 25-90531 Case No. 25-90546 Case No. 25-90533 Case No. 25-90596 Case No. 25-90599 Case No. 25-90560 Case No. 25-90564
- - - - - - - - - -
- - - - - - - - - -
480,322 40,404 1,705,505 2,362,962 606,508 4,373,034 - - - -
480,322 40,404 1,705,505 2,362,962 606,508 4,373,034 - - - -
1,423,645 2,012,902 42,726,334 5,750,957 3,125,956 12,714,223 1,267,184 5,033,407 584,662 -
2,533,910 2,674,630 76,172,621 34,052,033 21,522,358 69,908,198 - 56,884,904 3,622,154 -
(785,649) (817,786) (17,321,439) (8,062,048) (5,282,367) (15,718,881) - (17,334,239) (240,708) -
3,171,906 3,869,747 101,577,516 31,740,942 19,365,947 66,903,541 1,267,184 44,584,072 3,966,108 -
4,492,734 2,576,658 8,976,670 21,833,948 5,224,298 39,780,816 - - 26,371,503 7,897,414
24,703 11,242 712,354 1,797,250 328,814 3,825,254 - - - -
614,089 - - - 209,780 614,553 - - - -
(5,165,331) (5,432,428) (111,216,944) (49,154,462) (26,342,012) (98,089,963) 4,750 (75,620,390) (18,770,286) (7,752,402)
3,618,424 1,065,623 1,755,102 8,580,640 (606,665) 17,407,235 1,271,934 (31,036,319) 11,567,325 145,012
23,096 22,238 173,607 1,568,265 321,074 1,711,083 5,324 61,248 72,915 -
- 48,832 622,778 - - - 1,755 592,200 500,099 -
213,475 - - - - - - - - -
- - - - - - - - - -
8,661 3,305 94,748 43,564 30,975 9,402 1,504,525 41,223,494 12,087 -
245,232 74,375 891,133 1,611,829 352,049 1,720,485 1,511,604 41,876,942 585,101 -
- - - - - - - - - -
- - - - - - - - - -
3,373,192 991,247 863,969 6,968,811 (958,714) 15,686,750 (239,670) (72,913,261) 10,982,224 145,012
- - - - - - - - - -
3,373,192 991,247 863,969 6,968,811 (958,714) 15,686,750 (239,670) (72,913,261) 10,982,224 145,012
3,618,424 1,065,623 1,755,102 8,580,640 (606,665) 17,407,235 1,271,934 (31,036,319) 11,567,325 145,012
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 2
Balance Sheet by Legal Entity
For the period ended 4/30/2026
Cash and cash equivalents
Restricted cash
Rents receivable
Total Current Assets
Land
Buildings and improvements
Accumulated depreciation
Real estate properties (net)
Due from related parties
Deferred leasing costs (net)
Acquired real estate leases - net
Other assets (net)
Total Assets
Accounts payable and other liabilities
Due to related parties
Assumed real estate lease obligations (net)
Secured debt (net)
Liabilities subject to compromise
Total Liabilities
Common shares of beneficial interest
Additional paid in capital
Cumulative net income
Cumulative common distributions
Total Shareholders' Equity
Total Liabilities and Shareholders' Equity
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
GOV NEW OPPTY LP
REIT
GOV NEW OPPTY
REIT GPT Properties LLC GPT Properties Trust Grand Oak Circle
Tampa LLC
Jan Davis Huntsville
LLC OPI 25 Exchange LLC OPI AL Properties LLC OPI BND Holdings
Trust
OPI BND Properties
LLC
Case No. 25-90562 Case No. 25-90567 Case No. 25-90538 Case No. 25-90541 Case No. 25-90544 Case No. 25-90552 Case No. 25-90547 Case No. 25-90569 Case No. 25-90572 Case No. 25-90574
- - - - - - 124,748 - - 4,824
- - - - - - - - - -
- - 34,061 6,338,297 834,174 414,813 3,787,745 73,339 - 21,558,849
- - 34,061 6,338,297 834,174 414,813 3,912,493 73,339 - 21,563,673
- - 2,618,281 41,704,569 1,100,000 1,501,255 26,025,942 2,293,870 - 41,059,701
- - 9,246,016 125,299,469 13,592,998 1,491,443 45,663,390 21,902,107 - 277,850,143
- - (1,431,848) (39,432,426) (5,239,733) (291,060) (13,367,348) (7,513,250) - (86,358,983)
- - 10,432,449 127,571,611 9,453,265 2,701,639 58,321,984 16,682,727 - 232,550,861
- - 491,124 164,001,999 588,682 6,068,181 38,680,033 27,749,177 - 133,182,203
- - 5,187 2,045,224 185,272 - 1,817,900 - - 13,966,750
- - - 4,085,985 - 1,603,806 646,543 731,443 - 3,574,659
- - (11,798,951) (120,091,155) (3,982,759) (6,872,468) (73,117,029) (27,593,156) - (283,812,954)
- - (836,131) 183,951,962 7,078,633 3,915,971 30,261,923 17,643,529 - 121,025,193
- - 64,575 1,300,165 141,710 52,099 8,269,018 86,498 - 9,379,567
- - - - - - 28,416,924 - - 12,287,113
- - - - - - - 151,756 - -
- - - - - - - - - 1,911,216
- - 224 180,545 16,857 7,801 129,706 33,637 - 336,099
- - 64,799 1,480,710 158,567 59,900 36,815,648 271,890 - 23,913,995
- - - - - - - - - -
- - - - - - - - - -
- - (900,930) 182,471,252 6,920,066 3,856,072 (6,553,725) 17,371,639 - 97,111,198
- - - - - - - - - -
- - (900,930) 182,471,252 6,920,066 3,856,072 (6,553,725) 17,371,639 - 97,111,198
- - (836,131) 183,951,962 7,078,633 3,915,971 30,261,923 17,643,529 - 121,025,193
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 2
Balance Sheet by Legal Entity
For the period ended 4/30/2026
Cash and cash equivalents
Restricted cash
Rents receivable
Total Current Assets
Land
Buildings and improvements
Accumulated depreciation
Real estate properties (net)
Due from related parties
Deferred leasing costs (net)
Acquired real estate leases - net
Other assets (net)
Total Assets
Accounts payable and other liabilities
Due to related parties
Assumed real estate lease obligations (net)
Secured debt (net)
Liabilities subject to compromise
Total Liabilities
Common shares of beneficial interest
Additional paid in capital
Cumulative net income
Cumulative common distributions
Total Shareholders' Equity
Total Liabilities and Shareholders' Equity
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
OPI Notex Holdings
Trust
OPI Notex Properties
LLC OPI TRS Inc. OPI WF Borrower LLC OPI WF Holding LLC OPI WF Owner LLC Primerica Holdco LLC Santa Clara (Walsh)
LLC SC Merger Sub LLC Schrock Road
Columbus LLC
Case No. 25-90554 Case No. 25-90550 Case No. 25-90529 Case No. 25-90577 Case No. 25-90580 Case No. 25-90583 Case No. 25-90586 Case No. 25-90589 Case No. 25-90591 Case No. 25-90553
- 26 - - - - - - - -
- - - - - 7,728,696 - - - -
- 27,258,505 - - - 36,305,152 - 1,410,490 - 167,264
- 27,258,531 - - - 44,033,848 - 1,410,490 - 167,264
- 36,462,190 - - - 98,527,272 - 6,686,964 - 716,285
- 217,547,102 - - - 638,813,519 - 11,815,914 - 794,543
- (56,249,634) - - - (166,538,626) - (2,101,983) - (316,291)
- 197,759,658 - - - 570,802,165 - 16,400,895 - 1,194,537
- 120,445,440 - - - 709,183,604 - 29,421,708 - 1,861,064
- 19,515,996 - - - 13,686,239 - 1,576,542 - 344,109
- 11,360,691 - - - 49,949,456 - 752,112 - -
- (302,831,433) - - - (789,203,706) - (38,651,093) - (2,775,745)
- 73,508,884 - - - 598,451,606 - 10,910,655 - 791,228
- 17,512,717 - - - 17,198,674 - 318,581 - 65,037
- 42,758,827 22,327 - - 2,541,518 - - - -
- 110,527 - - - 6,061,816 - - - -
- - - - - 424,395,377 - - - -
- 390,343 271,415 - - 3,026,170 - 762 - 133
- 60,772,415 293,742 - - 453,223,554 - 319,343 - 65,170
- - - - - - - - - -
- - - - - - - - - -
- 12,736,470 (293,742) - - 145,228,051 - 10,591,311 - 726,059
- - - - - - - - - -
- 12,736,470 (293,742) - - 145,228,051 - 10,591,311 - 726,059
- 73,508,884 - - - 598,451,606 - 10,910,655 - 791,228
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 2
Balance Sheet by Legal Entity
For the period ended 4/30/2026
Cash and cash equivalents
Restricted cash
Rents receivable
Total Current Assets
Land
Buildings and improvements
Accumulated depreciation
Real estate properties (net)
Due from related parties
Deferred leasing costs (net)
Acquired real estate leases - net
Other assets (net)
Total Assets
Accounts payable and other liabilities
Due to related parties
Assumed real estate lease obligations (net)
Secured debt (net)
Liabilities subject to compromise
Total Liabilities
Common shares of beneficial interest
Additional paid in capital
Cumulative net income
Cumulative common distributions
Total Shareholders' Equity
Total Liabilities and Shareholders' Equity
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
SIR Campbell Place
Inc. SIR Centennial LLC SIR Colorado Springs
LLC SIR Fort Mill LLC SIR GP Redwood City
LLC
SIR Holdings
Corporation
SIR Irving (Freeport)
LLC SIR Johnston LLC SIR Omaha LLC SIR Operating
Partnership LP
Case No. 25-90535 Case No. 25-90595 Case No. 25-90598 Case No. 25-90559 Case No. 25-90561 Case No. 25-90563 Case No. 25-90539 Case No. 25-90566 Case No. 25-90568 Case No. 25-90571
- - 2,162,295 - - - - - - -
- - 10,841,915 - - - - - - -
754,423 751,808 - 69,019 - - (200,000) 53,910 824,198 -
754,423 751,808 13,004,210 69,019 - - (200,000) 53,910 824,198 -
2,687,482 6,682,058 - 834,031 - - 12,970,268 2,649,274 4,157,250 -
3,409,718 10,911,205 - 3,034,769 - - 32,417,689 7,996,883 8,686,400 -
(1,220,094) (2,261,595) - (646,756) - - (6,416,253) (1,625,503) (1,376,475) -
4,877,105 15,331,668 - 3,222,044 - - 38,971,704 9,020,654 11,467,175 -
2,250,758 - 12,005,500 4,750,966 - - 36,884,894 22,704,981 27,056,105 -
391,918 1,073,818 - 116,557 - - - - 702,506 -
- - - - - - - 1,377,266 - -
(5,477,963) (20,244,778) (10,065,676) (6,226,365) - - (62,628,131) (26,360,741) (30,659,944) -
2,796,241 (3,087,484) 14,944,033 1,932,221 - - 13,028,467 6,796,070 9,390,040 -
262,595 1,045,073 - 186,588 - - 288,138 284,032 201,220 -
- 671,856 1,724,722 - - - 1,245,230 - 974,998 -
- - - - - - - - - -
- - - - - - - - - -
5,257 894,568 109,881 39 - - 88,509 111 101,695 -
267,852 2,611,498 1,834,603 186,626 - - 1,621,877 284,143 1,277,912 -
- - - - - - - - - -
- - - - - - - - - -
2,528,389 (5,698,982) 13,109,430 1,745,595 - - 11,406,590 6,511,927 8,112,127 -
- - - - - - - - - -
2,528,389 (5,698,982) 13,109,430 1,745,595 - - 11,406,590 6,511,927 8,112,127 -
2,796,241 (3,087,484) 14,944,033 1,932,221 - - 13,028,467 6,796,070 9,390,040 -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 2
Balance Sheet by Legal Entity
For the period ended 4/30/2026
Cash and cash equivalents
Restricted cash
Rents receivable
Total Current Assets
Land
Buildings and improvements
Accumulated depreciation
Real estate properties (net)
Due from related parties
Deferred leasing costs (net)
Acquired real estate leases - net
Other assets (net)
Total Assets
Accounts payable and other liabilities
Due to related parties
Assumed real estate lease obligations (net)
Secured debt (net)
Liabilities subject to compromise
Total Liabilities
Common shares of beneficial interest
Additional paid in capital
Cumulative net income
Cumulative common distributions
Total Shareholders' Equity
Total Liabilities and Shareholders' Equity
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
SIR Parsippany
(Jefferson) LLC SIR Philadelphia LLC SIR Properties REIT
LLC SIR Properties Trust SIR Redwood City LP SIR REIT New
Braunfels LLC SIR REIT Plano LLC SIR Rocklin (Office)
LLC SIR San Jose LLC SIR Santa Clara LP
Case No. 25-90542 Case No. 25-90549 Case No. 25-90575 Case No. 25-90579 Case No. 25-90582 Case No. 25-90545 Case No. 25-90585 Case No. 25-90588 Case No. 25-90548 Case No. 25-90592
- - - - - - - - - -
- - - - - - - - - -
- - 1,823,961 586,204 169,005 (169,611) 1,197,760 - (258,577) 17,968
- - 1,823,961 586,204 169,005 (169,611) 1,197,760 - (258,577) 17,968
4,543,015 5,573,288 9,318,246 14,038,798 14,453,262 4,964,936 6,819,428 - 12,304,407 -
4,578,094 29,818,264 60,856,163 17,373,795 7,723,326 2,375,284 13,499,313 - 5,563,098 -
(1,117,984) (5,802,917) (16,138,369) (4,750,855) (1,569,658) (307,934) (1,953,745) - (1,184,342) -
8,003,125 29,588,635 54,036,040 26,661,738 20,606,930 7,032,286 18,364,996 - 16,683,163 -
8,314,251 - 79,470,446 55,652,099 17,519,127 5,562,590 6,726,469 917,628 17,725,669 24,960,496
- - 733,009 - 145,877 382,207 3,576,486 - 1,283,554 -
- - 3,136,629 1,297,818 - - - - 728,146 -
(17,763,399) (6,862,854) (94,927,566) (43,656,041) (27,443,853) (9,032,045) (20,899,833) - (23,055,628) -
(1,446,024) 22,725,781 44,272,520 40,541,819 10,997,085 3,775,428 8,965,878 917,628 13,106,327 24,978,464
21,524 34,377 1,886,611 665,091 290,546 310,301 739,614 - 953,929 -
491,988 1,335,457 - - 599,522 - 5,116,705 - 94,006 -
- - 153,070 - - - - - - -
- - - - - - - - - -
13,184 18,979,752 705,016 19,353 1,473 562 401 - 3,538 -
526,697 20,349,586 2,744,697 684,444 891,541 310,863 5,856,721 - 1,051,473 -
- - - - - - - - - -
- - - - - - - - - -
(1,972,721) 2,376,194 41,527,823 39,857,374 10,105,544 3,464,565 3,109,158 917,628 12,054,854 24,978,464
- - - - - - - - - -
(1,972,721) 2,376,194 41,527,823 39,857,374 10,105,544 3,464,565 3,109,158 917,628 12,054,854 24,978,464
(1,446,024) 22,725,781 44,272,520 40,541,819 10,997,085 3,775,428 8,965,878 917,628 13,106,327 24,978,464
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 2
Balance Sheet by Legal Entity
For the period ended 4/30/2026
Cash and cash equivalents
Restricted cash
Rents receivable
Total Current Assets
Land
Buildings and improvements
Accumulated depreciation
Real estate properties (net)
Due from related parties
Deferred leasing costs (net)
Acquired real estate leases - net
Other assets (net)
Total Assets
Accounts payable and other liabilities
Due to related parties
Assumed real estate lease obligations (net)
Secured debt (net)
Liabilities subject to compromise
Total Liabilities
Common shares of beneficial interest
Additional paid in capital
Cumulative net income
Cumulative common distributions
Total Shareholders' Equity
Total Liabilities and Shareholders' Equity
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
SIR Westford LLC Twelve24 Atlanta LLC West Java Sunnyvale
LLC
Case No. 25-90597 Case No. 25-90600 Case No. 25-90601
- - -
- - -
- 5,462,822 3,258,564
- 5,462,822 3,258,564
- 13,040,272 24,608,813
- 145,947,638 3,757,541
- (21,603,350) (875,399)
- 137,384,559 27,490,955
17,137,960 40,116,343 13,915,355
- 121,117 1,873,467
- 21,003,023 792,111
- (179,899,199) (28,873,645)
17,137,960 24,188,665 18,456,807
- 1,199,132 395,184
- - -
- - -
- - -
- 66,812 1,399
- 1,265,944 396,583
- - -
- - -
17,137,960 22,922,721 18,060,224
- - -
17,137,960 22,922,721 18,060,224
17,137,960 24,188,665 18,456,807
United States Bankruptcy Court
Southern District of Texas Houston Division
In re: Case No. 25-90530 (CML)
Office Properties Income Trust, et al. Reporting Period: April 1, 2026 through April 30, 2026
Debtors
Support Documentation to MOR - 3
Income Statement by Legal Entity
For the period 4/1/2026 through 4/30/2026
Office Properties
Income Trust
Government
Properties Income
Trust LLC
112 Ave Miami LLC 20 Mass Ave TRS Inc. 3400 Plano TX LLC 440 First Street LLC ACP East LLC Bayside Pkwy
Fremont 2 LLC
Burt Street Omaha
LLC Clay Holdco LLC
Case No. 25-90530 Case No. 25-90536 Case No. 25-90551 Case No. 25-90565 Case No. 25-90555 Case No. 25-90570 Case No. 25-90573 Case No. 25-90532 Case No. 25-90556 Case No. 25-90576
Rental Income - 816,235 236,718 3,312,868 158,028 667,630 45,299 269,893 190,496 -
Real estate taxes - (138,170) (40,302) - - (108,299) (5,160) (20,197) (21,568) -
Utility expenses - (14,906) (22,627) - - (22,735) (3,134) - - -
Other operating expenses - (178,745) (83,934) (2,886,718) (9,766) (103,196) (16,394) (39,810) (15,611) -
Depreciation and amortization - (1,142,645) (42,195) - (82,945) (199,673) (25,355) (33,195) (62,960) -
Transaction related costs - - - - - - - - - -
General and administrative (85,828) (26,036) (6,902) (545) (7,595) (21,287) (2,100) (3,532) (4,379) -
Total Expenses (85,828) (1,500,502) (195,960) (2,887,264) (100,306) (455,190) (52,142) (96,734) (104,518) -
Operating Income (85,828) (684,267) 40,758 425,605 57,722 212,440 (6,843) 173,159 85,978 -
Gain/loss on sale of real estate - - - - - - - - - -
Interest and other income 102,079 16,502 - 1,652 - 4,445 - - - -
Interest expense (1,193,384) - - - - - - - - -
Reorganization Items, net (3,397,140) (4,211) (395) - (435) (1,219) (120) (202) (251) -
Income tax (expense) benefit - - - - - - - - - -
Equity in net losses of investees - - - - - - - - - -
Net income (loss) available for common shareholders (4,574,273) (671,976) 40,363 427,257 57,287 215,666 (6,963) 172,957 85,727 -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 3
Income Statement by Legal Entity
For the period 4/1/2026 through 4/30/2026
Rental Income
Real estate taxes
Utility expenses
Other operating expenses
Depreciation and amortization
Transaction related costs
General and administrative
Total Expenses
Operating Income
Gain/loss on sale of real estate
Interest and other income
Interest expense
Reorganization Items, net
Income tax (expense) benefit
Equity in net losses of investees
Net income (loss) available for common shareholders
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
Clay Road Houston
LLC CRI SIR LLC Elliott Ave Seattle LLC Ewing Holdco LLC First Potomac DC
Holdings, LLC
FP 11 Dupont Circle,
LLC
FP 1211 Connecticut
Avenue, LLC FP 1401 K, LLC FP 1775 Wiehle
Avenue, LLC FP 540 Gaither, LLC
Case No. 25-90557 Case No. 25-90578 Case No. 25-90558 Case No. 25-90581 Case No. 25-90584 Case No. 25-90534 Case No. 25-90590 Case No. 25-90540 Case No. 25-90593 Case No. 25-90537
192,703 - 634,445 - - 455,531 213,928 331,209 178,888 182,184
- - (171,651) - - (76,407) (62,523) 173,789 (24,283) (36,121)
- - (41,663) - - (9,097) (35,263) 40,023 (15,493) (12,869)
(10,684) - (124,780) - - (62,960) (69,626) (84,913) (72,164) (76,788)
(62,968) - (867,584) - - (349,491) (104,174) (192,571) (155,010) (87,574)
- - - - - - - - - -
(7,516) - (68,752) - - (24,998) (15,822) (19,269) (9,661) (8,999)
(81,168) - (1,274,430) - - (522,952) (287,409) (82,941) (276,610) (222,352)
111,535 - (639,985) - - (67,421) (73,481) 248,268 (97,722) (40,168)
- - - - - - - - - -
- - - - - - - - - -
- - - - - - - - - -
(430) - (3,937) - - (1,431) (906) (1,103) (553) (515)
- - - - - - - - - -
- - - - - - - - - -
111,105 - (643,922) - - (68,852) (74,387) 247,165 (98,276) (40,683)
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 3
Income Statement by Legal Entity
For the period 4/1/2026 through 4/30/2026
Rental Income
Real estate taxes
Utility expenses
Other operating expenses
Depreciation and amortization
Transaction related costs
General and administrative
Total Expenses
Operating Income
Gain/loss on sale of real estate
Interest and other income
Interest expense
Reorganization Items, net
Income tax (expense) benefit
Equity in net losses of investees
Net income (loss) available for common shareholders
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
FP 6310 Hillside
Center, LLC
FP 6315 Hillside
Center, LLC
FP 840 First Street,
LLC
FP Atlantic Corporate
Park, LLC
FP Patuxent
Parkway, LLC
FP Redland
Technology Center
LLC
FP Sterling Park Land,
LLC GOV Lake Fairfax Inc. GOV Lakewood
Properties Trust GOV NEW OPPTY LP
Case No. 25-90594 Case No. 25-90543 Case No. 25-90587 Case No. 25-90531 Case No. 25-90546 Case No. 25-90533 Case No. 25-90596 Case No. 25-90599 Case No. 25-90560 Case No. 25-90564
101,478 16,057 167,977 514,431 205,693 990,072 - - - -
(7,964) (5,923) (102,819) (25,674) (20,109) (117,161) (1,341) - 336,059 -
(2,114) (4,877) 61,363 (20,980) (11,809) 37,671 - (11,389) (3,421) -
(34,289) (12,789) (58,391) (105,611) (49,788) (195,991) - (25,292) (25,281) -
(23,589) (9,293) (185,225) (123,669) (92,014) (449,375) - (134,417) (12,647) -
- - - - - - - - - -
(1,280) (1,363) (33,639) (12,365) (7,418) (24,575) (285) (18,236) (6,848) -
(69,236) (34,245) (318,711) (288,300) (181,138) (749,431) (1,626) (189,334) 287,862 -
32,241 (18,189) (150,733) 226,132 24,555 240,641 (1,626) (189,334) 287,862 -
- - - - - - - - - -
- - - - 3,254 - - - - -
- - - - - - - - - -
(73) (78) (1,926) (708) (425) (1,407) (16) (1,044) (392) -
- - - - - - - - - -
- - - - - - - - - -
32,168 (18,267) (152,659) 225,424 27,385 239,233 (1,642) (190,378) 287,470 -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 3
Income Statement by Legal Entity
For the period 4/1/2026 through 4/30/2026
Rental Income
Real estate taxes
Utility expenses
Other operating expenses
Depreciation and amortization
Transaction related costs
General and administrative
Total Expenses
Operating Income
Gain/loss on sale of real estate
Interest and other income
Interest expense
Reorganization Items, net
Income tax (expense) benefit
Equity in net losses of investees
Net income (loss) available for common shareholders
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
GOV NEW OPPTY LP
REIT
GOV NEW OPPTY
REIT GPT Properties LLC GPT Properties Trust Grand Oak Circle
Tampa LLC
Jan Davis Huntsville
LLC OPI 25 Exchange LLC OPI AL Properties LLC OPI BND Holdings
Trust
OPI BND Properties
LLC
Case No. 25-90562 Case No. 25-90567 Case No. 25-90538 Case No. 25-90541 Case No. 25-90544 Case No. 25-90552 Case No. 25-90547 Case No. 25-90569 Case No. 25-90572 Case No. 25-90574
- - 33,025 1,546,967 334,601 86,719 521,157 286,465 - 3,345,928
- - (5,947) (217,852) (18,734) (7,695) (88,836) (11,067) - (376,569)
- - (2,545) 12,366 (516) - (6,990) (22,564) - (92,448)
- - (10,726) (294,485) (81,858) (9,139) (177,604) (32,745) - (552,437)
- - (19,276) (467,901) (40,323) (28,794) (230,655) (73,075) - (1,320,043)
- - - - - - - - - -
- - (2,671) (41,207) (3,510) (2,315) (23,221) (6,524) - (89,304)
- - (41,166) (1,009,080) (144,941) (47,943) (527,307) (145,975) - (2,430,800)
- - (8,141) 537,888 189,660 38,775 (6,150) 140,491 - 915,128
- - - - - - - - - -
- - - - - - 1,043 - - 4,770
- - - - - - (1,132,067) - - (2,727,804)
- - (153) (2,360) (201) (133) (4,065,446) (374) - (1,646,203)
- - - - - - - - - -
- - - - - - - - - -
- - (8,294) 535,528 189,459 38,643 (5,202,620) 140,117 - (3,454,108)
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 3
Income Statement by Legal Entity
For the period 4/1/2026 through 4/30/2026
Rental Income
Real estate taxes
Utility expenses
Other operating expenses
Depreciation and amortization
Transaction related costs
General and administrative
Total Expenses
Operating Income
Gain/loss on sale of real estate
Interest and other income
Interest expense
Reorganization Items, net
Income tax (expense) benefit
Equity in net losses of investees
Net income (loss) available for common shareholders
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
OPI Notex Holdings
Trust
OPI Notex Properties
LLC OPI TRS Inc. OPI WF Borrower LLC OPI WF Holding LLC OPI WF Owner LLC Primerica Holdco LLC Santa Clara (Walsh)
LLC SC Merger Sub LLC Schrock Road
Columbus LLC
Case No. 25-90554 Case No. 25-90550 Case No. 25-90529 Case No. 25-90577 Case No. 25-90580 Case No. 25-90583 Case No. 25-90586 Case No. 25-90589 Case No. 25-90591 Case No. 25-90553
- 3,967,111 - - - 8,311,846 - 232,615 - 43,648
- (390,610) - - - (1,099,706) - (29,805) - -
- (146,484) - - - (42,642) - - - -
- (911,470) - - - (1,539,976) - (19,200) - (8,642)
- (1,327,557) - - - (3,688,411) - (64,413) - (10,071)
- - - - - - - - - -
- (112,435) - - - (251,976) - (6,846) - (1,590)
- (2,888,556) - - - (6,622,711) - (120,264) - (20,303)
- 1,078,554 - - - 1,689,135 - 112,351 - 23,346
- - - - - - - - - -
- 26 - - - 10,019 - - - -
- (4,537,493) - - - (4,215,669) - - - -
- (3,501,875) - - - (1,346,645) - (392) - (91)
- - - - - - - - - -
- - - - - - - - - -
- (6,960,787) - - - (3,863,160) - 111,959 - 23,255
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 3
Income Statement by Legal Entity
For the period 4/1/2026 through 4/30/2026
Rental Income
Real estate taxes
Utility expenses
Other operating expenses
Depreciation and amortization
Transaction related costs
General and administrative
Total Expenses
Operating Income
Gain/loss on sale of real estate
Interest and other income
Interest expense
Reorganization Items, net
Income tax (expense) benefit
Equity in net losses of investees
Net income (loss) available for common shareholders
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
SIR Campbell Place
Inc. SIR Centennial LLC SIR Colorado Springs
LLC SIR Fort Mill LLC SIR GP Redwood City
LLC
SIR Holdings
Corporation
SIR Irving (Freeport)
LLC SIR Johnston LLC SIR Omaha LLC SIR Operating
Partnership LP
Case No. 25-90535 Case No. 25-90595 Case No. 25-90598 Case No. 25-90559 Case No. 25-90561 Case No. 25-90563 Case No. 25-90539 Case No. 25-90566 Case No. 25-90568 Case No. 25-90571
104,662 155,504 - 67,116 - - - 238,058 87,400 -
(15,079) (76,356) - - - - (73,929) - (23,513) -
(3,304) (16,411) - - - - 11,826 - (2,451) -
(28,735) (57,157) - (7,719) - - (20,969) (13,761) (32,673) -
(22,928) (59,537) - (11,824) - - (72,912) (151,559) (36,298) -
- - - - - - - - - -
(4,819) (9,873) - (2,391) - - (23,128) (10,016) (10,851) -
(74,866) (219,333) - (21,934) - - (179,113) (175,336) (105,785) -
29,796 (63,829) - 45,183 - - (179,113) 62,722 (18,385) -
- - - - - - - - - -
- - 32,896 - - - - - - -
- - - - - - - - - -
(276) (565) - (137) - - (1,324) (574) (621) -
- - - - - - - - - -
- - - - - - - - - -
29,520 (64,395) 32,896 45,046 - - (180,437) 62,148 (19,006) -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 3
Income Statement by Legal Entity
For the period 4/1/2026 through 4/30/2026
Rental Income
Real estate taxes
Utility expenses
Other operating expenses
Depreciation and amortization
Transaction related costs
General and administrative
Total Expenses
Operating Income
Gain/loss on sale of real estate
Interest and other income
Interest expense
Reorganization Items, net
Income tax (expense) benefit
Equity in net losses of investees
Net income (loss) available for common shareholders
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
SIR Parsippany
(Jefferson) LLC SIR Philadelphia LLC SIR Properties REIT
LLC SIR Properties Trust SIR Redwood City LP SIR REIT New
Braunfels LLC SIR REIT Plano LLC SIR Rocklin (Office)
LLC SIR San Jose LLC SIR Santa Clara LP
Case No. 25-90542 Case No. 25-90549 Case No. 25-90575 Case No. 25-90579 Case No. 25-90582 Case No. 25-90545 Case No. 25-90585 Case No. 25-90588 Case No. 25-90548 Case No. 25-90592
- - 1,038,439 430,390 51,938 148,490 321,122 - 243,775 -
(25,650) 103,078 (117,651) (52,230) (42,627) (17,738) (27,500) - (44,016) -
(17,276) (6,094) 15,823 (10,144) (44,704) (142) - - (3,189) -
(19,174) (70,639) (228,562) (61,404) (46,707) (44,608) (103,696) - (27,819) -
(14,124) (76,616) (416,702) (131,046) (22,147) (19,687) (82,239) - (37,156) -
- - - - - - - - - -
(9,063) (20,524) (22,844) (15,060) (9,094) (4,026) (6,446) - (9,014) -
(85,288) (70,794) (769,937) (269,884) (165,279) (86,201) (219,881) - (121,193) -
(85,288) (70,794) 268,503 160,506 (113,341) 62,289 101,241 - 122,582 -
- - - (438) - - - - - -
304 - - - - - - - - -
- - - - - - - - - -
(519) (1,175) (1,308) (862) (521) (231) (369) - (516) -
- - - - - - - - - -
- - - - - - - - - -
(85,503) (71,969) 267,195 159,206 (113,862) 62,059 100,872 - 122,066 -
United States Bankruptcy Court
Southern District of Texas Houston Division
In re:
Office Properties Income Trust, et al.
Debtors
Support Documentation to MOR - 3
Income Statement by Legal Entity
For the period 4/1/2026 through 4/30/2026
Rental Income
Real estate taxes
Utility expenses
Other operating expenses
Depreciation and amortization
Transaction related costs
General and administrative
Total Expenses
Operating Income
Gain/loss on sale of real estate
Interest and other income
Interest expense
Reorganization Items, net
Income tax (expense) benefit
Equity in net losses of investees
Net income (loss) available for common shareholders
Case No. 25-90530 (CML)
Reporting Period: April 1, 2026 through April 30, 2026
SIR Westford LLC Twelve24 Atlanta LLC West Java Sunnyvale
LLC
Case No. 25-90597 Case No. 25-90600 Case No. 25-90601
- 1,470,333 360,245
- (170,795) (34,130)
- 13,278 (1,764)
- (268,620) (26,629)
- (577,654) (60,073)
- - -
- (43,399) (7,099)
- (1,047,191) (129,696)
- 423,142 230,549
- - -
- - -
- - -
- (2,485) (407)
- - -
- - -
- 420,657 230,142
United States Bankruptcy Court
Southern District of Texas Houston Division
In re: Case No. 25-90530 (CML)
Office Properties Income Trust, et al. Reporting Period: April 1, 2026 through April 30, 2026
Debtors
Support Documentation to MOR - 4
Schedule of Prepetition Payments
For the period 4/1/2026 through 4/30/2026
The Debtors hereby submit this attestation regarding prepetition payments payments during the period of April 1, 2026 through April 30, 2026.
/s/ John R. Castellano May 29, 2026
Signature of Authorized Individual Date
John R. Castellano Chief Restructuring Officer
Printed Name of Authorized Individual Title of Authorized Individual
All payments made by the Debtors on account of prepetition claims during the period of April 1, 2026 through April 30, 2026 were authorized under First Day Orders granted by
the Bankruptcy Court.
United States Bankruptcy Court
Southern District of Texas Houston Division
In re: Case No. 25-90530 (CML)
Office Properties Income Trust, et al. Reporting Period: April 1, 2026 through April 30, 2026
Debtors
Support Documentation to MOR - 5
Schedule of Payments to Insiders
For the period 4/1/2026 through 4/30/2026
Legal Entity Party Name Description Date Sum of Amount
112 Ave Miami LLC The RMR Group LLC Business Management Fee 4/30/2026 6,306
112 Ave Miami LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 106
112 Ave Miami LLC The RMR Group LLC Payroll & Benefits 4/30/2026 8,958
112 Ave Miami LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 202
112 Ave Miami LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 8,926
3400 Plano TX LLC The RMR Group LLC Business Management Fee 4/30/2026 6,939
3400 Plano TX LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 311
3400 Plano TX LLC The RMR Group LLC Payroll & Benefits 4/30/2026 4,152
3400 Plano TX LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 4,101
440 First Street LLC The RMR Group LLC Business Management Fee 4/30/2026 19,449
440 First Street LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 46
440 First Street LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 17
440 First Street LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 26
440 First Street LLC The RMR Group LLC Payroll & Benefits 4/30/2026 35,757
440 First Street LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 20,299
ACP East LLC The RMR Group LLC Business Management Fee 4/30/2026 1,918
ACP East LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 36
ACP East LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 2
ACP East LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 24
ACP East LLC The RMR Group LLC Payroll & Benefits 4/30/2026 5,587
ACP East LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 1,768
Bayside Pkwy Fremont 2 LLC The RMR Group LLC Business Management Fee 4/30/2026 3,227
Bayside Pkwy Fremont 2 LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 3
Bayside Pkwy Fremont 2 LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 131
Bayside Pkwy Fremont 2 LLC The RMR Group LLC Payroll & Benefits 4/30/2026 6,078
Bayside Pkwy Fremont 2 LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 927
Burt Street Omaha LLC The RMR Group LLC Business Management Fee 4/30/2026 4,001
Burt Street Omaha LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 241
Burt Street Omaha LLC The RMR Group LLC Payroll & Benefits 4/30/2026 4,059
Burt Street Omaha LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 6,886
Clay Road Houston LLC The RMR Group LLC Business Management Fee 4/30/2026 6,867
Clay Road Houston LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 183
Clay Road Houston LLC The RMR Group LLC Payroll & Benefits 4/30/2026 2,975
Clay Road Houston LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 6,142
Elliott Ave Seattle LLC The RMR Group LLC Business Management Fee 4/30/2026 62,815
Elliott Ave Seattle LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 317
Elliott Ave Seattle LLC The RMR Group LLC Payroll & Benefits 4/30/2026 28,842
Elliott Ave Seattle LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 19,297
FP 11 Dupont Circle, LLC The RMR Group LLC Business Management Fee 4/30/2026 22,839
FP 11 Dupont Circle, LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 46
FP 11 Dupont Circle, LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 545
FP 11 Dupont Circle, LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 26
FP 11 Dupont Circle, LLC The RMR Group LLC Payroll & Benefits 4/30/2026 26,377
FP 11 Dupont Circle, LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 14,824
FP 1211 Connecticut Avenue, LLC The RMR Group LLC Business Management Fee 4/30/2026 14,456
FP 1211 Connecticut Avenue, LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 46
FP 1211 Connecticut Avenue, LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 13
FP 1211 Connecticut Avenue, LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 65
FP 1211 Connecticut Avenue, LLC The RMR Group LLC Payroll & Benefits 4/30/2026 32,769
FP 1211 Connecticut Avenue, LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 6,594
FP 1401 K, LLC The RMR Group LLC Business Management Fee 4/30/2026 17,605
FP 1401 K, LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 46
FP 1401 K, LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 15
FP 1401 K, LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 26
FP 1401 K, LLC The RMR Group LLC Payroll & Benefits 4/30/2026 37,625
FP 1401 K, LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 12,675
FP 1775 Wiehle Avenue, LLC The RMR Group LLC Business Management Fee 4/30/2026 8,827
FP 1775 Wiehle Avenue, LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 532
FP 1775 Wiehle Avenue, LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 256
FP 1775 Wiehle Avenue, LLC The RMR Group LLC Payroll & Benefits 4/30/2026 15,522
FP 1775 Wiehle Avenue, LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 9,086
FP 540 Gaither, LLC The RMR Group LLC Business Management Fee 4/30/2026 8,222
The Debtors hereby submit this attestation regarding insider payments payments during the period of April 1, 2026 through April 30, 2026. For additional information
regarding the applicable reporting period and insider payment details, please refer to the Global Notes.
Legal Entity Party Name Description Date Sum of Amount
FP 540 Gaither, LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 45
FP 540 Gaither, LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 1,466
FP 540 Gaither, LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 80
FP 540 Gaither, LLC The RMR Group LLC Payroll & Benefits 4/30/2026 15,530
FP 540 Gaither, LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 7,979
FP 6310 Hillside Center, LLC The RMR Group LLC Business Management Fee 4/30/2026 1,170
FP 6310 Hillside Center, LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 36
FP 6310 Hillside Center, LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 1
FP 6310 Hillside Center, LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 24
FP 6310 Hillside Center, LLC The RMR Group LLC Payroll & Benefits 4/30/2026 7,370
FP 6310 Hillside Center, LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 3,749
FP 6315 Hillside Center, LLC The RMR Group LLC Business Management Fee 4/30/2026 1,245
FP 6315 Hillside Center, LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 36
FP 6315 Hillside Center, LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 1
FP 6315 Hillside Center, LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 24
FP 6315 Hillside Center, LLC The RMR Group LLC Payroll & Benefits 4/30/2026 5,435
FP 6315 Hillside Center, LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 601
FP 840 First Street, LLC The RMR Group LLC Business Management Fee 4/30/2026 30,734
FP 840 First Street, LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 60
FP 840 First Street, LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 27
FP 840 First Street, LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 26
FP 840 First Street, LLC The RMR Group LLC Payroll & Benefits 4/30/2026 36,268
FP 840 First Street, LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 6,090
FP Atlantic Corporate Park, LLC The RMR Group LLC Business Management Fee 4/30/2026 11,297
FP Atlantic Corporate Park, LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 23
FP Atlantic Corporate Park, LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 511
FP Atlantic Corporate Park, LLC The RMR Group LLC Payroll & Benefits 4/30/2026 31,417
FP Atlantic Corporate Park, LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 37,727
FP Patuxent Parkway, LLC The RMR Group LLC Business Management Fee 4/30/2026 6,777
FP Patuxent Parkway, LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 36
FP Patuxent Parkway, LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 103
FP Patuxent Parkway, LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 24
FP Patuxent Parkway, LLC The RMR Group LLC Payroll & Benefits 4/30/2026 20,736
FP Patuxent Parkway, LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 6,726
FP Redland Technology Center LLC The RMR Group LLC Business Management Fee 4/30/2026 22,453
FP Redland Technology Center LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 72
FP Redland Technology Center LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 2,300
FP Redland Technology Center LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 272
FP Redland Technology Center LLC The RMR Group LLC Payroll & Benefits 4/30/2026 32,615
FP Redland Technology Center LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 40,461
FP Sterling Park Land, LLC The RMR Group LLC Business Management Fee 4/30/2026 261
GOV Lake Fairfax Inc. The RMR Group LLC Business Management Fee 4/30/2026 16,661
GOV Lake Fairfax Inc. The RMR Group LLC Maintenance & Other Expenses 4/24/2026 15
GOV Lake Fairfax Inc. The RMR Group LLC Maintenance & Other Expenses 4/30/2026 224
GOV Lake Fairfax Inc. The RMR Group LLC Payroll & Benefits 4/30/2026 8,441
GOV Lakewood Properties Trust The RMR Group LLC Business Management Fee 4/30/2026 6,257
GOV Lakewood Properties Trust The RMR Group LLC Maintenance & Other Expenses 4/24/2026 234
GOV Lakewood Properties Trust The RMR Group LLC Payroll & Benefits 4/30/2026 10,555
GOV Lakewood Properties Trust The RMR Group LLC Property Management & Construction Fees 4/30/2026 947
Government Properties Income Trust LLC The RMR Group LLC Business Management Fee 4/30/2026 67,187
Government Properties Income Trust LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 82
Government Properties Income Trust LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 384
Government Properties Income Trust LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 614
Government Properties Income Trust LLC The RMR Group LLC Payroll & Benefits 4/30/2026 19,299
Government Properties Income Trust LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 9,202
GPT Properties LLC The RMR Group LLC Business Management Fee 4/30/2026 2,441
GPT Properties LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 2
GPT Properties LLC The RMR Group LLC Payroll & Benefits 4/30/2026 6,663
GPT Properties LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 989
GPT Properties Trust The RMR Group LLC Business Management Fee 4/30/2026 37,649
GPT Properties Trust The RMR Group LLC Maintenance & Other Expenses 4/10/2026 46
GPT Properties Trust The RMR Group LLC Maintenance & Other Expenses 4/24/2026 1,187
GPT Properties Trust The RMR Group LLC Maintenance & Other Expenses 4/30/2026 36
GPT Properties Trust The RMR Group LLC Payroll & Benefits 4/30/2026 60,047
GPT Properties Trust The RMR Group LLC Property Management & Construction Fees 4/30/2026 600
GPT Properties Trust The RMR Group LLC Property Management & Construction Fees 4/30/2026 47,829
Grand Oak Circle Tampa LLC The RMR Group LLC Business Management Fee 4/30/2026 3,207
Grand Oak Circle Tampa LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 1,422
Grand Oak Circle Tampa LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 46
Grand Oak Circle Tampa LLC The RMR Group LLC Payroll & Benefits 4/30/2026 9,777
Grand Oak Circle Tampa LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 5,205
Jan Davis Huntsville LLC The RMR Group LLC Business Management Fee 4/30/2026 2,115
Jan Davis Huntsville LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 2
Jan Davis Huntsville LLC The RMR Group LLC Payroll & Benefits 4/30/2026 5,189
Jan Davis Huntsville LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 2,633
Office Properties Income Trust TRP Advisors LLC Independent Director Fees 4/17/2026 10,942
Office Properties Income Trust Redan Advisors LLC Independent Director Fees 4/17/2026 7,659
Office Properties Income Trust Wildrose Partners LLC Independent Director Fees 4/24/2026 7,659
OPI 25 Exchange LLC The RMR Group LLC Business Management Fee 4/30/2026 21,216
Legal Entity Party Name Description Date Sum of Amount
OPI 25 Exchange LLC TRP Advisors LLC Independent Director Fees 4/17/2026 9,313
OPI 25 Exchange LLC Redan Advisors LLC Independent Director Fees 4/17/2026 6,519
OPI 25 Exchange LLC Wildrose Partners LLC Independent Director Fees 4/24/2026 6,519
OPI 25 Exchange LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 72
OPI 25 Exchange LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 111
OPI 25 Exchange LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 49
OPI 25 Exchange LLC The RMR Group LLC Payroll & Benefits 4/30/2026 41,562
OPI 25 Exchange LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 30,667
OPI AL Properties LLC The RMR Group LLC Business Management Fee 4/30/2026 5,961
OPI AL Properties LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026
5
OPI AL Properties LLC The RMR Group LLC Payroll & Benefits 4/30/2026 15,385
OPI AL Properties LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 8,285
OPI BND Properties LLC The RMR Group LLC Business Management Fee 4/30/2026 81,592
OPI BND Properties LLC TRP Advisors LLC Independent Director Fees 4/17/2026 6,684
OPI BND Properties LLC Redan Advisors LLC Independent Director Fees 4/17/2026 4,679
OPI BND Properties LLC Wildrose Partners LLC Independent Director Fees 4/24/2026 4,679
OPI BND Properties LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 1,164
OPI BND Properties LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 3,352
OPI BND Properties LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 1,015
OPI BND Properties LLC The RMR Group LLC Payroll & Benefits 4/30/2026 116,372
OPI BND Properties LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 82,122
OPI BND Properties LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 100,114
OPI Notex Properties LLC The RMR Group LLC Business Management Fee 4/30/2026 102,699
OPI Notex Properties LLC TRP Advisors LLC Independent Director Fees 4/17/2026 13,591
OPI Notex Properties LLC Redan Advisors LLC Independent Director Fees 4/17/2026 9,514
OPI Notex Properties LLC Wildrose Partners LLC Independent Director Fees 4/24/2026 9,514
OPI Notex Properties LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 615
OPI Notex Properties LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 12,004
OPI Notex Properties LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 589
OPI Notex Properties LLC The RMR Group LLC Payroll & Benefits 4/30/2026 154,786
OPI Notex Properties LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 10,588
OPI Notex Properties LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 123,515
OPI WF Owner LLC The RMR Group LLC Business Management Fee 4/30/2026 223,084
OPI WF Owner LLC TRP Advisors LLC Independent Director Fees 4/17/2026 9,469
OPI WF Owner LLC Redan Advisors LLC Independent Director Fees 4/17/2026 6,629
OPI WF Owner LLC Wildrose Partners LLC Independent Director Fees 4/24/2026 6,629
OPI WF Owner LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 51
OPI WF Owner LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 10,070
OPI WF Owner LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 3,578
OPI WF Owner LLC The RMR Group LLC Payroll & Benefits 4/30/2026 210,945
OPI WF Owner LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 2,734
OPI WF Owner LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 248,498
Santa Clara (Walsh) LLC The RMR Group LLC Business Management Fee 4/30/2026 6,255
Santa Clara (Walsh) LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026
5
Santa Clara (Walsh) LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 131
Santa Clara (Walsh) LLC The RMR Group LLC Payroll & Benefits 4/30/2026 5,025
Santa Clara (Walsh) LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 6,130
Schrock Road Columbus LLC The RMR Group LLC Business Management Fee 4/30/2026 1,452
Schrock Road Columbus LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026
1
Schrock Road Columbus LLC The RMR Group LLC Payroll & Benefits 4/30/2026 4,395
Schrock Road Columbus LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 1,221
SIR Campbell Place Inc. The RMR Group LLC Business Management Fee 4/30/2026 4,403
SIR Campbell Place Inc. The RMR Group LLC Maintenance & Other Expenses 4/24/2026
4
SIR Campbell Place Inc. The RMR Group LLC Maintenance & Other Expenses 4/30/2026 1,791
SIR Campbell Place Inc. The RMR Group LLC Payroll & Benefits 4/30/2026 7,121
SIR Campbell Place Inc. The RMR Group LLC Property Management & Construction Fees 4/30/2026 3,271
SIR Centennial LLC The RMR Group LLC Business Management Fee 4/30/2026 9,020
SIR Centennial LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 275
SIR Centennial LLC The RMR Group LLC Payroll & Benefits 4/30/2026 13,542
SIR Centennial LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 7,290
SIR Centennial LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 3,106
SIR Fort Mill LLC The RMR Group LLC Business Management Fee 4/30/2026 2,185
SIR Fort Mill LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 79
SIR Fort Mill LLC The RMR Group LLC Payroll & Benefits 4/30/2026 4,059
SIR Fort Mill LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 2,002
SIR Irving (Freeport) LLC The RMR Group LLC Business Management Fee 4/30/2026 21,131
SIR Irving (Freeport) LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 3,653
SIR Irving (Freeport) LLC The RMR Group LLC Payroll & Benefits 4/30/2026 3,634
SIR Johnston LLC The RMR Group LLC Business Management Fee 4/30/2026 9,151
SIR Johnston LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026
8
SIR Johnston LLC The RMR Group LLC Payroll & Benefits 4/30/2026 4,175
SIR Johnston LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 8,408
SIR Omaha LLC The RMR Group LLC Business Management Fee 4/30/2026 9,914
SIR Omaha LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 501
SIR Omaha LLC The RMR Group LLC Payroll & Benefits 4/30/2026 5,495
SIR Omaha LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 1,233
SIR Parsippany (Jefferson) LLC The RMR Group LLC Business Management Fee 4/30/2026 8,280
SIR Parsippany (Jefferson) LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026
9
SIR Parsippany (Jefferson) LLC The RMR Group LLC Payroll & Benefits 4/30/2026 10,478
Legal Entity Party Name Description Date Sum of Amount
SIR Philadelphia LLC The RMR Group LLC Business Management Fee 4/30/2026 18,752
SIR Philadelphia LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 19
SIR Philadelphia LLC The RMR Group LLC Payroll & Benefits 4/30/2026 3,228
SIR Properties REIT LLC The RMR Group LLC Business Management Fee 4/30/2026 20,872
SIR Properties REIT LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 572
SIR Properties REIT LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 971
SIR Properties REIT LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 600
SIR Properties REIT LLC The RMR Group LLC Payroll & Benefits 4/30/2026 59,738
SIR Properties REIT LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 2,505
SIR Properties REIT LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 26,540
SIR Properties Trust The RMR Group LLC Business Management Fee 4/30/2026 13,760
SIR Properties Trust The RMR Group LLC Maintenance & Other Expenses 4/24/2026 1,314
SIR Properties Trust The RMR Group LLC Maintenance & Other Expenses 4/30/2026 160
SIR Properties Trust The RMR Group LLC Payroll & Benefits 4/30/2026 17,309
SIR Properties Trust The RMR Group LLC Property Management & Construction Fees 4/30/2026 1,981
SIR Properties Trust The RMR Group LLC Property Management & Construction Fees 4/30/2026 14,769
SIR Redwood City LP The RMR Group LLC Business Management Fee 4/30/2026 8,309
SIR Redwood City LP The RMR Group LLC Maintenance & Other Expenses 4/24/2026 9,916
SIR Redwood City LP The RMR Group LLC Maintenance & Other Expenses 4/30/2026 131
SIR Redwood City LP The RMR Group LLC Payroll & Benefits 4/30/2026 5,025
SIR Redwood City LP The RMR Group LLC Property Management & Construction Fees 4/30/2026 272
SIR REIT New Braunfels LLC The RMR Group LLC Business Management Fee 4/30/2026 3,678
SIR REIT New Braunfels LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 129
SIR REIT New Braunfels LLC The RMR Group LLC Payroll & Benefits 4/30/2026 9,183
SIR REIT New Braunfels LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 6,189
SIR REIT Plano LLC The RMR Group LLC Business Management Fee 4/30/2026 5,889
SIR REIT Plano LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 4,513
SIR REIT Plano LLC The RMR Group LLC Payroll & Benefits 4/30/2026 14,148
SIR REIT Plano LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 11,945
SIR San Jose LLC The RMR Group LLC Business Management Fee 4/30/2026 8,236
SIR San Jose LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 7
SIR San Jose LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 131
SIR San Jose LLC The RMR Group LLC Payroll & Benefits 4/30/2026 3,626
SIR San Jose LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 9,990
Twelve24 Atlanta LLC The RMR Group LLC Business Management Fee 4/30/2026 39,652
Twelve24 Atlanta LLC The RMR Group LLC Maintenance & Other Expenses 4/10/2026 24
Twelve24 Atlanta LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 919
Twelve24 Atlanta LLC The RMR Group LLC Payroll & Benefits 4/30/2026 24,559
Twelve24 Atlanta LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 52,473
West Java Sunnyvale LLC The RMR Group LLC Business Management Fee 4/30/2026 6,486
West Java Sunnyvale LLC The RMR Group LLC Maintenance & Other Expenses 4/24/2026 6
West Java Sunnyvale LLC The RMR Group LLC Maintenance & Other Expenses 4/30/2026 131
West Java Sunnyvale LLC The RMR Group LLC Payroll & Benefits 4/30/2026 3,192
West Java Sunnyvale LLC The RMR Group LLC Property Management & Construction Fees 4/30/2026 11,409
/s/ John R. Castellano May 29, 2026
Signature of Authorized Individual Date
John R. Castellano Chief Restructuring Officer
Printed Name of Authorized Individual Title of Authorized Individual
United States Bankruptcy Court
Southern District of Texas Houston Division
In re: Case No. 25-90530 (CML)
Office Properties Income Trust, et al. Reporting Period: April 1, 2026 through April 30, 2026
Debtors
Support Documentation to MOR - 6
Schedule of Post-Petition Tax Payments
For the period 4/1/2026 through 4/30/2026
The Debtors hereby submit this attestation regarding postpetition tax payments during the period of April 1, 2026 through April 30, 2026.
The Debtors believe that they are current with respect to any postpetition Taxes and Fees that have come due.
/s/ John R. Castellano May 29, 2026
Signature of Authorized Individual Date
John R. Castellano Chief Restructuring Officer
Printed Name of Authorized Individual Title of Authorized Individual
United States Bankruptcy Court
Southern District of Texas Houston Division
In re: Case No. 25-90530 (CML)
Office Properties Income Trust, et al. Reporting Period: April 1, 2026 through April 30, 2026
Debtors
Support Documentation to MOR - 7
Schedule of Post-Petition Borrowing
For the period 4/1/2026 through 4/30/2026
The Debtors hereby submit this attestation regarding postpetition borrowing during the period of April 1, 2026 through April 30, 2026.
/s/ John R. Castellano May 29, 2026
Signature of Authorized Individual Date
John R. Castellano Chief Restructuring Officer
Printed Name of Authorized Individual Title of Authorized Individual
On November 5, 2025, the Bankruptcy Court entered the Interim Order Pursuant to Sections 105, 361, 362, 363, and 364 of the Bankruptcy Code and Rules 2002, 4001, 6004,
and 9014 of the Federal Rules of Bankruptcy Procedure (I) Authorizing the Debtors to Use Cash Collateral and Obtain Secured Postpetition Financing; (II) Granting Liens and
Superpriority Administrative Claims; (III) Providing Adequate Protection; (IV) Scheduling a Final Hearing; and (V) Granting Related Relief [Docket No. 150] (the “Interim DIP
Order”) authorizing the Debtors to enter into the DIP Documents (as defined in the Interim DIP Order) and obtain post-petition borrowing thereunder.
On November 6, 2025, in accordance with the Interim DIP Order, the Debtors drew $10 million under the DIP Facility, net any fees payable to the DIP Agent and the DIP Lenders
(each as defined in the Interim DIP Order). The Debtors received $9.7 million on November 6, 2025 into their Segregated Account (as defined in the Interim DIP Order).
The Bankruptcy Court held the Final Hearing (as defined in the Final DIP Order) on January 28, 2026 and January 29, 2026, and on February 4, 2026, entered the Final Order
Pursuant to Sections 105, 361, 362, 363, and 364 of the Bankruptcy Code and Rules 2002, 4001, 6004, and 9014 of the Federal Rules of Bankruptcy Procedure (I) Authorizing the
Debtors to Use Cash Collateral and Obtain Secured Postpetition Financing; (II) Granting Liens and Superpriority Administrative Claims; (III) Providing Adequate Protection; and
(IV) Granting Related Relief (the “Final DIP Order”). By February 6, 2026, in accordance with the terms of the Final DIP Order, the Debtors drew $75 million under the DIP
Facility. The Debtors received $64.3 million on February 6, 2026 into their Segregated Account, net any fees payable to the DIP Agent and the DIP Lenders and the amount of the
Tranche A2 Term Loan (as defined in the Final DIP Order). The remaining $10.7 million amount of the Tranche A2 Term Loan was syndicated to eligible participants of the DIP
Facility. The syndication process terminated on February 26, 2026, at 5:00 p.m. (prevailing Eastern Time), and the Debtors received the $10.7 million Tranche A2 Term Loan on
March 13, 2026. Additionally, the Debtors received $39.0 million of Tranche B Term Loan proceeds during the week ended April 10, 2026, and an additional $1.0 million during
the week ended April 17, 2026, for total Tranche B funding of $40.0 million.
United States Bankruptcy Court
Southern District of Texas Houston Division
In re: Case No. 25-90530 (CML)
Office Properties Income Trust, et al. Reporting Period: April 1, 2026 through April 30, 2026
Debtors
Support Documentation to MOR - 8
Bank Statements and Bank Reconciliations
For the period 4/1/2026 through 4/30/2026
The Debtors hereby submit this attestation regarding bank account reconciliations in lieu of providing copies of bank reconciliations and journal entries.
/s/ John R. Castellano May 29, 2026
Signature of Authorized Individual Date
John R. Castellano Chief Restructuring Officer
Printed Name of Authorized Individual Title of Authorized Individual
The Debtors’ standard practice is to ensure that bank reconciliations are completed as part of the month end close each reporting period. I attest that each of the Debtors’ bank
accounts has been reconciled in accordance with their standard practices.
The Debtors have seperately submitted bank statements for the Debtors' bank accounts covering the periods of April 1, 2026 through April 30, 2026 to the US Trustee.
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img001.jpg · Sequence: 7
Binary file (70277 bytes)
Download tm2616542d1_ex99-1img001.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img002.jpg · Sequence: 8
Binary file (157685 bytes)
Download tm2616542d1_ex99-1img002.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img003.jpg · Sequence: 9
Binary file (49143 bytes)
Download tm2616542d1_ex99-1img003.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img004.jpg · Sequence: 10
Binary file (141118 bytes)
Download tm2616542d1_ex99-1img004.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img005.jpg · Sequence: 11
Binary file (175328 bytes)
Download tm2616542d1_ex99-1img005.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img006.jpg · Sequence: 12
Binary file (100423 bytes)
Download tm2616542d1_ex99-1img006.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img007.jpg · Sequence: 13
Binary file (198606 bytes)
Download tm2616542d1_ex99-1img007.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img008.jpg · Sequence: 14
Binary file (178012 bytes)
Download tm2616542d1_ex99-1img008.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img009.jpg · Sequence: 15
Binary file (131858 bytes)
Download tm2616542d1_ex99-1img009.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img010.jpg · Sequence: 16
Binary file (64697 bytes)
Download tm2616542d1_ex99-1img010.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img011.jpg · Sequence: 17
Binary file (152259 bytes)
Download tm2616542d1_ex99-1img011.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img012.jpg · Sequence: 18
Binary file (43513 bytes)
Download tm2616542d1_ex99-1img012.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img013.jpg · Sequence: 19
Binary file (198728 bytes)
Download tm2616542d1_ex99-1img013.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img014.jpg · Sequence: 20
Binary file (161383 bytes)
Download tm2616542d1_ex99-1img014.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img015.jpg · Sequence: 21
Binary file (236019 bytes)
Download tm2616542d1_ex99-1img015.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img016.jpg · Sequence: 22
Binary file (212334 bytes)
Download tm2616542d1_ex99-1img016.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img017.jpg · Sequence: 23
Binary file (183907 bytes)
Download tm2616542d1_ex99-1img017.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img018.jpg · Sequence: 24
Binary file (203235 bytes)
Download tm2616542d1_ex99-1img018.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img019.jpg · Sequence: 25
Binary file (209524 bytes)
Download tm2616542d1_ex99-1img019.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img020.jpg · Sequence: 26
Binary file (204410 bytes)
Download tm2616542d1_ex99-1img020.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img021.jpg · Sequence: 27
Binary file (218302 bytes)
Download tm2616542d1_ex99-1img021.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img022.jpg · Sequence: 28
Binary file (323820 bytes)
Download tm2616542d1_ex99-1img022.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-1img023.jpg · Sequence: 29
Binary file (417567 bytes)
Download tm2616542d1_ex99-1img023.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img001.jpg · Sequence: 30
Binary file (119357 bytes)
Download tm2616542d1_ex99-2img001.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img002.jpg · Sequence: 31
Binary file (164521 bytes)
Download tm2616542d1_ex99-2img002.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img003.jpg · Sequence: 32
Binary file (132308 bytes)
Download tm2616542d1_ex99-2img003.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img004.jpg · Sequence: 33
Binary file (91340 bytes)
Download tm2616542d1_ex99-2img004.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img005.jpg · Sequence: 34
Binary file (140693 bytes)
Download tm2616542d1_ex99-2img005.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img006.jpg · Sequence: 35
Binary file (91791 bytes)
Download tm2616542d1_ex99-2img006.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img007.jpg · Sequence: 36
Binary file (93192 bytes)
Download tm2616542d1_ex99-2img007.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img008.jpg · Sequence: 37
Binary file (140493 bytes)
Download tm2616542d1_ex99-2img008.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img009.jpg · Sequence: 38
Binary file (175687 bytes)
Download tm2616542d1_ex99-2img009.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img010.jpg · Sequence: 39
Binary file (313237 bytes)
Download tm2616542d1_ex99-2img010.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img011.jpg · Sequence: 40
Binary file (323265 bytes)
Download tm2616542d1_ex99-2img011.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img012.jpg · Sequence: 41
Binary file (176737 bytes)
Download tm2616542d1_ex99-2img012.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img013.jpg · Sequence: 42
Binary file (122629 bytes)
Download tm2616542d1_ex99-2img013.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img014.jpg · Sequence: 43
Binary file (119641 bytes)
Download tm2616542d1_ex99-2img014.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img015.jpg · Sequence: 44
Binary file (122797 bytes)
Download tm2616542d1_ex99-2img015.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img016.jpg · Sequence: 45
Binary file (119633 bytes)
Download tm2616542d1_ex99-2img016.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img017.jpg · Sequence: 46
Binary file (110102 bytes)
Download tm2616542d1_ex99-2img017.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img018.jpg · Sequence: 47
Binary file (112247 bytes)
Download tm2616542d1_ex99-2img018.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img019.jpg · Sequence: 48
Binary file (118227 bytes)
Download tm2616542d1_ex99-2img019.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img020.jpg · Sequence: 49
Binary file (68180 bytes)
Download tm2616542d1_ex99-2img020.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img021.jpg · Sequence: 50
Binary file (117605 bytes)
Download tm2616542d1_ex99-2img021.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img022.jpg · Sequence: 51
Binary file (110548 bytes)
Download tm2616542d1_ex99-2img022.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img023.jpg · Sequence: 52
Binary file (115772 bytes)
Download tm2616542d1_ex99-2img023.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img024.jpg · Sequence: 53
Binary file (110795 bytes)
Download tm2616542d1_ex99-2img024.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img025.jpg · Sequence: 54
Binary file (98265 bytes)
Download tm2616542d1_ex99-2img025.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img026.jpg · Sequence: 55
Binary file (106618 bytes)
Download tm2616542d1_ex99-2img026.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img027.jpg · Sequence: 56
Binary file (114323 bytes)
Download tm2616542d1_ex99-2img027.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img028.jpg · Sequence: 57
Binary file (61168 bytes)
Download tm2616542d1_ex99-2img028.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img029.jpg · Sequence: 58
Binary file (79330 bytes)
Download tm2616542d1_ex99-2img029.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img030.jpg · Sequence: 59
Binary file (76794 bytes)
Download tm2616542d1_ex99-2img030.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img031.jpg · Sequence: 60
Binary file (81257 bytes)
Download tm2616542d1_ex99-2img031.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img032.jpg · Sequence: 61
Binary file (78821 bytes)
Download tm2616542d1_ex99-2img032.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img033.jpg · Sequence: 62
Binary file (71462 bytes)
Download tm2616542d1_ex99-2img033.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img034.jpg · Sequence: 63
Binary file (74058 bytes)
Download tm2616542d1_ex99-2img034.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img035.jpg · Sequence: 64
Binary file (78393 bytes)
Download tm2616542d1_ex99-2img035.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img036.jpg · Sequence: 65
Binary file (44398 bytes)
Download tm2616542d1_ex99-2img036.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img037.jpg · Sequence: 66
Binary file (65252 bytes)
Download tm2616542d1_ex99-2img037.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img038.jpg · Sequence: 67
Binary file (276670 bytes)
Download tm2616542d1_ex99-2img038.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img039.jpg · Sequence: 68
Binary file (329135 bytes)
Download tm2616542d1_ex99-2img039.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img040.jpg · Sequence: 69
Binary file (318663 bytes)
Download tm2616542d1_ex99-2img040.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img041.jpg · Sequence: 70
Binary file (192656 bytes)
Download tm2616542d1_ex99-2img041.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img042.jpg · Sequence: 71
Binary file (60649 bytes)
Download tm2616542d1_ex99-2img042.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img043.jpg · Sequence: 72
Binary file (195892 bytes)
Download tm2616542d1_ex99-2img043.jpg
GRAPHIC
GRAPHIC
Filename: tm2616542d1_ex99-2img044.jpg · Sequence: 73
Binary file (77472 bytes)
Download tm2616542d1_ex99-2img044.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 75
v3.26.1
Cover
May 29, 2026
Cover [Abstract]
Document Type
8-K
Amendment Flag
false
Document Period End Date
May 29, 2026
Entity File Number
001-34364
Entity Registrant Name
OFFICE PROPERTIES INCOME TRUST
Entity Central Index Key
0001456772
Entity Tax Identification Number
26-4273474
Entity Incorporation, State or Country Code
MD
Entity Address, Address Line One
Two
Newton Place
Entity Address, Address Line Two
255
Washington Street
Entity Address, Address Line Three
Suite
300
Entity Address, City or Town
Newton
Entity Address, State or Province
MA
Entity Address, Postal Zip Code
02458-1634
City Area Code
617
Local Phone Number
219-1440
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Entity Emerging Growth Company
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 2 such as Street or Suite number
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine2
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 3 such as an Office Park
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine3
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration