FrontView REIT Reports Q1 2025 Results and Updates

FrontView REIT, Inc. ( (FVR) ) has released its Q1 earnings. Here is a breakdown of the information FrontView REIT, Inc. presented to its investors.

FrontView REIT, Inc. is an internally-managed real estate investment trust (REIT) that specializes in acquiring, owning, and managing net-leased properties with high visibility and frontage on major roads across the United States. The company focuses on a diverse range of tenants, including service-oriented businesses and general retail.

In its first quarter of 2025, FrontView REIT reported significant achievements in both acquisitions and operations. The company acquired 17 new properties valued at $49.2 million, with a strong average cash capitalization rate of 7.9%. Additionally, the company announced the appointment of Randall Starr as Chief Financial Officer, who will also continue his roles as Co-CEO and Co-President.

Financially, FrontView REIT generated a net loss of $1.3 million, or $0.06 per share, but achieved adjusted funds from operations (AFFO) of $8.2 million, or $0.30 per share. The company’s portfolio was 96.3% leased, and it declared a quarterly dividend of $0.215 per share. The company also maintained a net debt to annualized adjusted EBITDAre ratio of 5.7x.

Looking ahead, FrontView REIT reaffirmed its 2025 AFFO guidance, with expectations to adjust its investment and disposition strategies. The company plans to reduce its net investments in real estate properties while increasing property dispositions, reflecting a strategic shift in its portfolio management.

Overall, FrontView REIT remains focused on strategic growth through acquisitions and operational efficiencies, with management optimistic about achieving its financial targets for the year.