Four Corners Property Trust, Inc.

Four Corners Property Trust announced an agreement to acquire up to 102 veterinary facilities operated by Mission Pet Health for a purchase price of up to $268.0 million. The properties are primarily under two triple net master leases with a weighted average term of approximately 10 years and attractive annual rent escalations. This acquisition is expected to close in early Q3 2026 and will significantly increase FCPT's medical retail exposure and diversify its tenant base, making Mission Pet Health its third-largest brand by cash rent. The company also furnished an investor presentation for upcoming investor meetings.

Four Corners Property Trust, Inc. reported a strong first quarter for 2026, with net income available to common shareholders increasing by 16% to $30.3 million and diluted EPS rising to $0.28. Total revenues grew by 9.4% to $78.2 million, driven by increases in both rental and restaurant revenues. The company also declared a higher dividend of $0.3665 per common share, while cash and cash equivalents significantly increased.

Four Corners Property Trust announced strong Q1 2026 financial results, with rental revenue increasing 10.0% to $69.8 million and AFFO per diluted share growing 3.4% to $0.45. The company maintained high rent collection at 99.7% and acquired ten properties for $26.2 million. Post-quarter, FCPT secured a new $200 million senior unsecured delayed draw term loan facility, with $50 million drawn immediately to fund its investment pipeline.

Four Corners Property Trust, Inc. has entered into a new term loan agreement as of April 6, 2026, with Four Corners Operating Partnership, LP as the borrower and The Huntington National Bank as the Administrative Agent. The agreement outlines the terms and conditions for credit facilities, including commitments, loan repayment, interest rates, and various covenants, which will impact the company's financial flexibility and capital structure.

Four Corners Property Trust, Inc. has entered into a new term loan agreement as of April 6, 2026, with Huntington National Bank as Administrative Agent, U.S. Bank National Association, Fifth Third Bank, and Raymond James Bank. The agreement outlines the terms of the credit facilities, including commitments, interest rates, repayment terms, and various covenants, providing the company with access to capital.

Four Corners Property Trust's operating partnership entered into a new term loan agreement on April 6, 2026, with The Huntington National Bank as Administrative Agent, U.S. Bank National Association, Fifth Third Bank, and Raymond James Bank. This agreement provides the company with access to additional capital, potentially for acquisitions or other strategic initiatives, and impacts the company's financial obligations and flexibility.