FrontView REIT raises annual investment target as acquisitions accelerate
The company increased its 2026 net investment guidance to $110 million from a previous target of $100 million.
FrontView REIT (FVR), a real estate investment trust, raised its full-year investment outlook following a period of accelerated property acquisitions. The company increased its 2026 net investment guidance to $110 million from a previous target of $100 million.
The shift in guidance follows a significant ramp-up in deployment during the second quarter. FrontView acquired 17 properties totaling $58.2 million with a cash yield of 7.34%. This represented a substantial increase over the first quarter, when the company acquired 10 properties totaling $33.9 million.
Year-to-date acquisitions reached $92.0 million across 27 properties, yielding a cash return of 7.40%. The company maintained a consistent yield profile despite the increased volume of transactions.
FrontView also increased its divestment activity during the second quarter. Dispositions totaled $22.9 million across 10 properties, with occupied properties providing a cash yield of 7.12%. This followed a first quarter where dispositions totaled $9.7 million across five properties with a yield of 6.89%.
Total year-to-date dispositions reached $32.5 million across 15 properties with a cash yield of 7.09%.
To fund its growth and investment targets, the company raised $50.5 million of new common equity in the second quarter. The capital was secured via an at-the-market equity offering program at a weighted average gross price of $19.50 a share.