The company is cashflow positive based on quarterly cash flow of 13.565 M

Orion Properties Inc. is facing financial challenges due to declining demand for office space, resulting in significant lease expirations and a decrease in revenues by 15.5% in 2024. The company is managing a high level of debt, with $492 million in consolidated debt and $231 million in borrowing capacity, and has taken steps to extend its revolving credit facility to May 2026. Orion is shifting its portfolio focus towards dedicated use assets and has reduced its dividend to retain cash, but faces risks related to refinancing debt and maintaining occupancy levels amidst market uncertainties., Filed At: 2025-03-05