| | Call Details | Franklin Street Properties Earnings Conference Call (Q2 2008) Wed,
Jul 30, 2008, 9:30 am Eastern
| | About Franklin Street Properties
(AMEX:FSP) |
| | Franklin Street Properties Corp. provides real estate and investment banking/investment services in the United States. Its real estate operations include real estate rental, leasing, secured financing of real estate for interim acquisition or other property financing, and services for asset management, property management, property acquisitions, dispositions, and development. The companys investment banking/investment services comprise structuring of real estate investments and broker/dealer services, including the organization of sponsored real estate investment trusts (REITs), acquisition and development of real estate on behalf of sponsored REITs, and raising of capital to equitize the sponsored REITs through sale of preferred stock in private placements. Franklin Street Properties Corp. provides investment banking/investment services primarily to institutions and high net-worth individuals. As of December 31, 2007, it owned and operated a portfolio of 26 real estate properties, including 25 office buildings and 1 industrial use property. The company has elected to be treated as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1981 and is headquartered in Wakefield, Massachusetts. |
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