secwatch.observer — SEC 8-K summary
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Issuer:     FrontView REIT, Inc. (FVR)
CIK:        0001988494
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001193125-25-277713
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FrontView REIT raises 2025 AFFO guidance, introduces 2026 guidance, $75M preferred equity
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- Raised full-year 2025 AFFO per share guidance by $0.01 to midpoint; introduced 2026 AFFO/sh guidance of $1.26-$1.30 (~3.2% growth).
- Secured $75M delayed-draw convertible perpetual preferred equity from Maewyn Capital at 6.75% dividend, $17.00 conversion price (~30% premium).
- Q3 occupancy 98.0% (+20bps QoQ); net sold $32.9M at 6.8% cap rate vs bought $16M at 7.5%.
- Net debt to annualized adjusted EBITDAre improved to 5.3x; pro forma liquidity $236M.
- Added Charles Fitzgerald to Board from Maewyn; implied cap rate 9.5% vs peer avg 6.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1988494/000119312525277713/0001193125-25-277713-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1988494/000119312525277713/fvr-20251112.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-277713

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer