Quarterly UpdatesJul 1, 2026, 07:31 AM
FrontView REIT Raises 2026 Net Investment Guidance to $110M
AI Summary
FrontView REIT provided an update on its second-quarter investment and capital markets activity, along with revised net investment guidance. The company acquired over $58 million across 17 properties in Q2, bringing year-to-date acquisitions to $92 million. FrontView also raised $50.5 million in new common equity during the quarter, which will support its external growth strategy. As a result of strong activity, the company increased its 2026 net investment guidance from $100 million to $110 million.
Key Highlights
- Acquired 17 properties for $58.2 million in Q2 2026 with a 7.34% cash yield.
- Sold 10 properties for $22.9 million in Q2 2026, including 9 occupied properties.
- Year-to-date, acquired 27 properties for $92.0 million with a 7.40% cash yield.
- Year-to-date, sold 15 properties for $32.5 million, including 11 occupied properties.
- Sold 2,588,775 common shares for $50.5 million at $19.50 per share in Q2.
- Increased 2026 net investment guidance from $100.0 million to $110.0 million.
- Has $50.0 million remaining capacity under Series A Convertible Preferred Equity.
Price Impact
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