Business UpdateOct 1, 2026, 07:44 AM
FrontView REIT Acquires 16 Properties for $50.6M in Q3
AI Summary
FrontView REIT, Inc. announced its third quarter investment and capital markets activity. The company acquired 16 properties for $50.6 million and sold 5 properties for $17.1 million during the quarter. Year-to-date, FrontView acquired 43 properties for $142.6 million and sold 20 properties for $49.7 million. Capital markets activities included the sale of common stock generating $0.2 million in gross proceeds and $32.7 million in net proceeds, as well as the issuance of $20.0 million in Series A Convertible Preferred Stock.
Key Highlights
- Acquired 16 properties for $50.6 million with a 7.6% cash yield in Q3.
- Sold 5 properties for $17.1 million with a 6.6% cash yield in Q3.
- Acquired 43 properties year-to-date for $142.6 million at a 7.5% cash yield.
- Sold 20 properties year-to-date for $49.7 million at a 6.9% cash yield.
- Sold 9,373 shares of common stock on a forward basis for $0.2 million in Q3.
- Issued 1,699,165 shares for $32.7 million in net proceeds in Q3.
- Issued $20.0 million in Series A Convertible Preferred Stock in Q3.
Price Impact
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