FrontView REIT increased 2026 net investment guidance to $110.0 million after acquiring $58.2 million of properties in Q2 and raising $50.5 million of common equity.
Key Highlights:
- Acquired 17 properties in Q2 for $58.2M with a cash yield of 7.34%, bolstering external growth capacity.
- Year-to-date acquisitions: 27 properties for $92.0M with a 7.40% cash yield.
- Sold 10 properties in Q2 for $22.9M; YTD sales 15 properties for $32.5M (occupied sales included).
- Raised $50.5M of common equity via ATM at a $19.50 weighted avg gross price; 1.69M shares sold forward.
- As of quarter-end, $50.0M capacity remains under Series A preferred commitment and ~$32.2M estimated net proceeds from unsettled forwards.
Original SEC Filing:
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