Spirit Realty Capital (SRC) Tops Q3 FFO by 1c

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Go back to Spirit Realty Capital (SRC) Tops Q3 FFO by 1c

Spirit Realty Capital, Inc. Announces Third Quarter 2016 Financial and Operating Results

November 2, 2016 4:14 PM EDT

DALLAS, Nov. 2, 2016 /PRNewswire/ -- Spirit Realty Capital, Inc. (NYSE: SRC) ("Spirit" or the "Company"), a premier net lease real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, today released its financial and operating results for the three and nine month periods ended September 30, 2016.

Thomas H. Nolan, Jr., Chairman and Chief Executive Officer stated, "During the third quarter, we continued to grow and strengthen our portfolio, acquiring 102 properties with an investment value of $216 million and an overall initial yield of 7.50%. We also continue to proactively manage our... More