JonesResearch initiated coverage of Orion Office REIT with a Hold rating. With a 100% office portfolio, the company faces upcoming debt maturities in 2026/27 that "could prove to be challenging" as office sector valuations remain discounted, the analyst tells investors. Orion could see challenges in the capital markets as they look to creatively address the 2026 credit facility and their 2027 CMBS tied to 19 properties, the analyst added.
