Reports Q3 revenue $83.68M, two estimates $84.38M. "We acquired more than $326 million in net lease properties during the quarter. This volume was a record for FCPT and was funded entirely with low-cost debt. This summer, we also successfully refinanced and upsized our credit facility to significantly extend our maturity profile. As expected, we also recently extended 100% of Olive Garden and LongHorn leases maturing in 2027 without landlord concessions," said Bill Lenehan, Chief Executive Officer. "Our portfolio is in great shape, and as we look forward, we remain as focused as ever on accretive capital allocation. As such and given current market conditions, we have announced our inaugural share repurchase program. At the current share price, we view share repurchases as delivering more value than property purchases. That said, we have started to see new acquisitions being priced at higher cap rates. We will continue to modulate our capital allocation decisions to maximize shareholder value creation."

10/7 17:00

Four Corners Property Trust Acquires LongHorn Steakhouse Property for $2.4M

Four Corners Property Trust announced the acquisition of a LongHorn Steakhouse property for $2.4M. The property is located in a highly trafficked corridor in Ohio and is corporate-operated under a triple net lease. The transaction was priced at a cap rate in range with previous FCPT transactions.

9/23 20:30

Four Corners Property Trust Acquires Automotive Service Property for $3.5 Million

Four Corners Property Trust announces the acquisition of an automotive service property leased to a national operator for $3.5 million via sale-leaseback. The property is located in a highly trafficked corridor in Kentucky and is corporate-operated under a long term, triple net lease. The transaction was priced at a cap rate in range with previous FCPT transactions.

9/9 16:30

Four Corners Property Trust Acquires Cooper's Hawk Restaurant for $9.1 Million

Four Corners Property Trust announces the acquisition of a Cooper's Hawk restaurant property for $9.1 million. The property is located in a strong retail corridor in Michigan and is corporate-operated under a long-term, triple net lease with ten years of term remaining. The transaction was priced at a 6.6% cap rate on rent as of the closing date and exclusive of transaction costs.

7/29 16:30

FCPT Reports Q2 Revenue of $78.418M, Acquires $268M Asset

Reports Q2 revenue $78.418M, consensus $79.43M. "FCPT delivered strong results in the second quarter of 2026 and, through July, has already surpassed its prior record for total annual investment in a single calendar year," said Bill Lenehan, Chief Executive Officer. "During July, we completed the largest single investment in the Company's history with the acquisition of The Mission Pet Health portfolio, which includes 102 buildings for an aggregate purchase price of $268 million. The transaction represents an important diversification milestone, as FCPT has now acquired more than 1,000 properties since founding and reduced our Darden exposure to approximately 41% of total rent. We also successfully refinanced and upsized our credit facility at attractive rates while broadening our lending syndicate to support future growth. With a fully undrawn $350 million revolver, FCPT remains well positioned to pursue its growth objectives."

イベントをもっと見る

本ページは調査目的であり、投資助言ではありません。モデルは誤ることがあります。過去の実績は将来の成果を保証しません。