FrontView REIT(NYSE) FVR

FrontView helps businesses like doctors and restaurants get seen by placing them on busy roads. It buys and manages properties where people can easily see them from their cars. This helps service-oriented brands reach customers who are driving by every day.

Prime Spots on Busy Streets

• Service-Oriented Properties: Buildings for medical clinics and dental providers; accounts for 16% of annual base rent.
• Restaurant Outparcels: High-visibility spots for quick service and casual dining brands; represents 23.9% of annual base rent.
• Necessity Retail: Locations for essential shops like Dollar Tree and cellular stores; Dollar Tree provides 3.5% of annual base rent.
• Financial Institutions: Prominent sites for banks like Bank of America; accounts for 8.9% of annual base rent.

Growing the Portfolio

• Completed an initial public offering on the New York Stock Exchange on October 3, 2024.
• Finalized the internalization of its management team and assets alongside the public offering in October 2024.
• Signed for $75 million in Series A Convertible Perpetual Preferred Stock on November 12, 2025.
• Acquired more than $912 million in net-leased real estate since the predecessor was formed in 2016.

Visibility as a Strategy

FrontView prioritizes properties with direct road frontage to ensure tenants are visible to passing traffic. This strategy targets adaptable buildings that can serve many different types of businesses.

Tracking the Financial Progress

• Revenue reached $18.2 million in Q1 2026, up 12% year-over-year.
• Net income was $81,000 in Q1 2026, a 109.7% improvement from the prior year.
• Total rental revenues reached $66.5 million for the year ended December 31, 2025.
• Funds from operations, a measure of real estate cash flow, hit $26.1 million in 2025.
• Portfolio occupancy remained at 98.7% as of December 31, 2025.

Bottom Line

FrontView has evolved from a private fund into a public real estate investment trust focused on high-visibility properties. Its strategy relies on essential service tenants and geographic diversity to maintain steady occupancy levels.