A real estate investment trust that buys and rents out "outparcel" properties — the freestanding buildings in front of shopping centers along busy roads — to service businesses like restaurants, dentists, auto shops, and banks. Founded in 2016 by Stephen Preston, its name comes from the strategy of choosing properties for their front visibility and high-traffic "view." The Dallas-based firm listed on the New York Stock Exchange in October 2024.
FrontView REIT enters amended distribution agreement for up to $125M ATM offering
FrontView REIT and its operating partnership entered into an amended and restated distribution agreement dated August 19, 2026, with multiple sales agents and forward sellers.
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The agreement allows the company to sell shares of common stock with an aggregate gross sales price of up to $125.0 million under a continuous offering program.
Approximately $50.7 million of shares had already been sold under the prior agreement, leaving about $74.3 million available for future sales.
Sales may be made through agents as 'at-the-market' offerings or in negotiated transactions, with commissions up to 2.0% of gross sales price.
The company may also enter into forward sale agreements, including contingent and non-contingent forward transactions, with various financial institutions.
1.01 Entry into a Material Definitive Agreement · 9.01 Financial Statements and Exhibits
FrontView REIT raises 2026 net investment guidance to $110M after strong Q2 activity.
FrontView REIT acquired 17 properties for $58.2 million in Q2 2026 and 27 properties for $92.0 million year-to-date.
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The company sold 10 properties for $22.9 million in Q2 and 15 properties for $32.5 million year-to-date.
FrontView raised $50.5 million through an at-the-market equity offering, selling 2,588,775 shares at a weighted average gross price of $19.50 per share.
The company increased its 2026 net investment guidance from $100 million to $110 million.
As of quarter-end, FrontView had $50.0 million remaining capacity under its Series A Convertible Preferred Equity commitment and approximately $32.2 million in estimated net proceeds from unsettled forward equity sales.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
FrontView REIT elects Tim McHugh to its board of directors, effective May 28, 2026.
Tim McHugh, age 41, was elected as an independent director of FrontView REIT, Inc. on May 28, 2026, to serve until the 2027 annual meeting of stockholders.
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McHugh is Co-President and Chief Financial Officer of Welltower Inc., a public REIT focused on senior housing.
He will receive compensation under the company's non-employee director compensation policy and will enter into the standard form of indemnification agreement.
The board has not yet determined which committees, if any, McHugh will join.
A press release announcing the appointment was issued on May 28, 2026.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
FrontView REIT stockholders elect seven directors and ratify KPMG as auditor at 2026 Annual Meeting.
The director nominees included Stephen Preston, Charles Fitzgerald, Elizabeth Frank, Robert Green, Noelle LeVeaux, Ernesto Perez, and Daniel Swanstrom.
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FrontView REIT, Inc. held its 2026 Annual Meeting of Stockholders on May 27, 2026.
Stockholders elected all seven director nominees to serve until the 2027 annual meeting.
Stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for fiscal year ending December 31, 2026.
The ratification of KPMG received 17,566,849 votes for, 197,156 against, and 32,116 abstained.
5.07 Submission of Matters to a Vote of Security Holders
FrontView REIT reports Q1 2026 results and raises full-year AFFO per share guidance.
Q1 2026 net income was $0.4 million, or $0.00 per share, with FFO of $7.7 million ($0.27 per share) and AFFO of $9.5 million ($0.34 per share).
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Revenue for Q1 2026 was $18.2 million, up from $16.2 million in Q1 2025.
The company acquired 10 properties for $33.9 million and sold 5 properties for $9.7 million in gross proceeds during the quarter.
Full-year 2026 AFFO per share guidance was raised to $1.29–$1.33 from $1.27–$1.32, with net investment activity guidance maintained at approximately $100.0 million.
A quarterly dividend of $0.215 per common share was declared, payable on July 15, 2026.
2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
FrontView REIT acquired 10 properties for $33.9 million in Q1 2026, with a cash yield of 7.49% and weighted average lease term of 9.4 years.
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The company sold 5 properties for $9.7 million, including 2 occupied properties with a cash yield of 6.89% and weighted average lease term of 8.0 years.
Net investment activity totaled $24 million, in line with guidance, according to Chairman and CEO Stephen Preston.
The company reaffirmed its fully funded $100 million net investment target for 2026.
The press release was furnished under Item 7.01 Regulation FD Disclosure and is not deemed filed for SEC purposes.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits