-

Office Properties Income Trust Elects Timothy Pohl to Board of Trustees

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it has elected Timothy Pohl to its Board of Trustees as an Independent Trustee, effective immediately.

Timothy Pohl is the founder of TRP Advisors, LLC, where he advises companies, financial institutions and private equity firms on distressed situations, portfolio challenges and acquisition opportunities. Prior to founding TRP Advisors, he was a Managing Director in the Restructuring and Capital Solutions Group at Lazard, Freres & Co. LLC, and earlier, co-headed the global corporate restructuring practice at Skadden, Arps, Slate, Meagher & Flom LLP. With over three decades of experience, Mr. Pohl has extensive experience and expertise in all aspects of corporate restructurings and financing, mergers and acquisitions, valuation, liquidity and balance sheet assessment and analysis, capital markets, corporate law, restructuring law and litigation. He has played a pivotal role in many of the most high-profile corporate restructurings across industries such as energy, retail and real estate. Recognized as a leading investment banker and attorney, he has been featured in numerous industry rankings and has provided expert testimony on valuation and restructuring matters.

About Office Properties Income Trust

OPI is a national REIT focused on owning and leasing office properties to high credit quality tenants in markets throughout the United States. As of March 31, 2025, approximately 60% of OPI's revenues were from investment grade rated tenants. OPI owned 125 properties as of March 31, 2025, with approximately 17.3 million square feet located in 29 states and Washington, D.C. In 2024, OPI was named as an Energy Star® Partner of the Year for the seventh consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $40 billion in assets under management as of March 31, 2025, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquartered in Newton, MA. For more information, visit opireit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

Contacts

Kevin Barry, Senior Director, Investor Relations
(617) 219-1410

Office Properties Income Trust

NASDAQ:OPI

Release Versions

Contacts

Kevin Barry, Senior Director, Investor Relations
(617) 219-1410

More News From Office Properties Income Trust

Office Properties Income Trust Enters into Restructuring Support Agreement with Noteholders to Reduce Debt and Strengthen Balance Sheet

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (“OPI” or the “Company”) today announced that it has entered into a Restructuring Support Agreement (“RSA”) with an ad hoc group (the “September 2029 Ad Hoc Group”) of certain holders of its senior secured notes due September 2029 (the “September 2029 Notes”) to restructure its corporate debt and allow the Company to substantially deleverage its balance sheet. The transactions contemplated by the RSA provide the Company with a signi...

Office Properties Income Trust Announces Second Quarter 2025 Results

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended June 30, 2025, which can be found at the Quarterly Results section of OPI’s website at https://www.opireit.com/investors/financial-information/default.aspx. A conference call discussing OPI's second quarter results will be held on Thursday, July 31, 2025 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 328-1172 or (412) 317-5418...

Office Properties Income Trust Suspends Quarterly Distribution to Preserve Cash

NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that its Board of Trustees has suspended OPI’s quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year) in order to preserve OPI’s cash. OPI currently expects to retain approximately $3.0 million of cash annually as a result. About Office Properties Income Trust OPI is a national REIT focused on owning and leasing office properties to high credit quality tenants in...
Back to Newsroom