FrontView REIT, Inc. FVR
FrontView is an internally managed net-lease real estate investment trust ("REIT") focused on acquiring, owning, and managing properties with frontage that are leased to a diversified tenant base. Our real estate-first investment strategy is centered around highly visible properties in prominent retail corridors with strong underlying real estate fundamentals. We target properties along high-traffic roads that offer strong consumer visibility and adaptable building formats capable of supporting various businesses over time. As of March 31, 2026, FrontView owned a diversified portfolio of 309 direct frontage properties across 36 U.S. states, leased primarily to service and necessity based tenants across 16 industries, including medical and dental providers, quick-service and casual dining restaurants, financial institutions, cellular retailers, automotive related, fitness, and general retail along with several other diversified industries.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-05-06) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-05-05 | $0.21 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-02-24 | $0.43 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-11-11 | $0.21 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-08-12 | $0.21 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-05-13 | $0.21 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-03-18 | $0.21 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-11-13 | $0.21 | Quarterly |
Coverage (payout of operating cash flow): 56.83%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $67.11M | $-3.83M | $33.11M | $45.91M | $42.13M |
| 2024 | $59.92M | $-22.21M | $30.49M | $23.21M | $20.53M |
| 2023 | $48.27M | $-1.10M | $26.20M | $30.42M | $17.22M |
| 2022 | $39.86M | $-4.47M | $22.35M | $29.98M | $23.10M |
| 2021 | $33.90M | $-2.80M | $19.31M | $25.87M | $16.79M |
| 2020 | $1.25M | $552.05K | $0.00 | $800.52K | $-453.76K |
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.