FrontView REIT Inc (FVR) News & EventsFVRFrontView REIT Inc

Company Raises 2026 Net Investment Guidance to $110M

"Our second quarter investment activity continues to highlight the quality and depth of the opportunities we are sourcing within the market," said Steve Preston, Chairman and CEO. "Year-to-date, we have acquired more than $92M of properties, including over $58M across 17 properties in the second quarter, and we are increasing our 2026 net investment guidance from $100M to $110M. In addition, we raised $50.5M of new common equity during the quarter at a weighted average gross price of $19.50 per share, providing additional capacity to fund our external growth strategy through 2027 at our current acquisition pace." Quarter-to-date capital deployment: Acquired 17 properties for a purchase price of $58.2M with a cash yield of 7.34%. Sold 10 properties for an aggregate $22.9M, including 9 occupied properties with a cash yield of 7.12%. Year-to-date capital deployment: Acquired 27 properties for a purchase price of $92.0 million with a cash yield of 7.40%. Sold 15 properties for an aggregate $32.5M, including 11 occupied properties with a cash yield of 7.09%. Capital markets update: During the second quarter, we sold 2,588,775 shares of common stock under the Company's at-the-market equity offering program at a weighted average gross price of $19.50 per share, generating gross proceeds of approximately $50.5M. Of the total shares sold, 898,983 shares were issued and settled during the quarter, and 1,689,792 shares were sold on a forward basis. As of quarter-end, the Company had $50M of remaining capacity under its Series A Convertible Preferred Equity commitment and approximately $32.2M of estimated net proceeds available under unsettled forward equity sale agreements, assuming full physical settlement. Net investment guidance update: Increasing calendar year 2026 net investment guidance from $100M to $110M.

FrontView REIT Appoints Timothy McHugh as Independent Director

FrontView REIT (FVR) announced the appointment of Timothy McHugh to the Company's Board of Directors as an independent director, effective May 28, 2026. McHugh currently serves as Co-President and Chief Financial Officer of Welltower (WELL).

FrontView REIT Reports Q1 Revenue of $18.19M

Reports Q1 revenue $18.19M, consensus $17.47M. "The strength of our results was driven by solid property-level performance, continued benefits from active portfolio management and enhanced operating efficiencies across the platform. We are raising our AFFO per share guidance and believe FrontView is well-positioned to capitalize on a compelling pipeline of attractive frontage-based opportunities that can further accelerate growth and create long-term shareholder value," said Stephen Preston, Chief Executive Officer of FrontView REIT.