Record Quarterly Investment Activity
Closed a record $203.9 million of investments across 50 properties at a blended cash yield of 7.4%. These assets have an average lease term remaining of 13.4 years.
Improved Investment Guidance
Increased 2025 net investment guidance range to $350 million to $400 million from $125 million to $175 million due to improved cost of capital and attractive opportunity set.
High Portfolio Occupancy
Maintained an industry-leading occupancy rate of 99.9% with no material tenant disruptions.
Successful Capital Raising
Completed a 12.4 million share follow-on offering in July, raising $209.7 million in net proceeds.
Strong Tenant Quality
More than 62% of ABR generated from tenants with investment-grade ratings or profiles.