FrontView REIT raises 2026 net investment guidance to $110M
FrontView REIT, Inc. raised its 2026 net investment guidance to $110.0 million from $100.0 million, citing year-to-date acquisition activity and a recent equity offering, according to a press release from the Dallas-based company.
The net-lease REIT acquired 17 properties in the second quarter for $58.2 million at a cash yield of 7.34%, and sold 10 properties for an aggregate $22.9 million, including nine occupied properties at a cash yield of 7.12%.
On a year-to-date basis, the company acquired 27 properties for $92.0 million at a cash yield of 7.40%, and sold 15 properties for $32.5 million, including 11 occupied properties at a cash yield of 7.09%.
During the second quarter, FrontView sold 2,588,775 shares of common stock under its at-the-market equity offering program at a weighted average gross price of $19.50 per share, generating gross proceeds of approximately $50.5 million. Of those shares, 898,983 were issued and settled during the quarter, while 1,689,792 were sold on a forward basis.
As of quarter-end, the company had $50.0 million of remaining capacity under its Series A Convertible Preferred Equity commitment and approximately $32.2 million of estimated net proceeds available under unsettled forward equity sale agreements, assuming full physical settlement.
As of March 31, 2026, FrontView owned 309 properties across 36 U.S. states. The company trades on the New York Stock Exchange.
