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Franklin Street Properties Appoints New Board Director

Story Highlights
  • Bruce J. Schanzer resigned from Franklin Street Properties’ Board on October 9, 2025.
  • Jennifer Bitterman was appointed as a replacement director on October 15, 2025, enhancing governance with her extensive experience.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Franklin Street Properties Appoints New Board Director

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Franklin Street Properties ( (FSP) ) just unveiled an announcement.

Franklin Street Properties Corp. announced that Bruce J. Schanzer resigned from its Board of Directors on October 9, 2025, without any disagreement regarding the company’s operations. Subsequently, the company appointed Jennifer Bitterman as a replacement director on October 15, 2025, under a cooperation agreement with Converium Capital and Erez Asset Management. Bitterman, with extensive experience in asset management and real estate, will also serve on the Audit and Compensation Committees. This move is part of a strategic alignment with key stakeholders and aims to ensure continued effective governance.

The most recent analyst rating on (FSP) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Franklin Street Properties stock, see the FSP Stock Forecast page.

Spark’s Take on FSP Stock

According to Spark, TipRanks’ AI Analyst, FSP is a Neutral.

Franklin Street Properties’ overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues and persistent losses. Technical analysis indicates a bearish trend, and valuation concerns arise from a negative P/E ratio. The modest dividend yield provides limited offset to these challenges.

To see Spark’s full report on FSP stock, click here.

More about Franklin Street Properties

Average Trading Volume: 356,980

Technical Sentiment Signal: Strong Sell

Current Market Cap: $151.4M

Learn more about FSP stock on TipRanks’ Stock Analysis page.

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