FrontView REIT reports Q1 YTD investment activity: $35.3M acquired, $20.7M under contract

FrontView REIT, Inc.

Acquired 14 properties for $35.3M at 7.8% initial cash cap rate, weighted avg lease term 12.7 years.
6 properties under contract for $20.7M at 8.2% cap rate; portfolio diversified across 7 industries, 11 states.
Sold one property for $2.1M, recognizing $0.05M gain; portfolio occupancy ~98% at year-end 2024.
Expects Q1 2025 average cap rate between 7.8% and 7.9%, ~30-40 bps above prior expectations.
Watchlist includes Hooters, TGI Fridays, On The Border, Freddy's, World Auto, JOANN; expects repurposing in late 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.