FCPT News & Events

Reports Q1 revenue $78.166M, consensus $76.25M. "FCPT started off 2026 in a strong position. After raising record liquidity and lowering our leverage profile in 2025, we closed on an attractively priced $200 million Term Loan to fund the investment pipeline at a 200+ basis point spread to historical acquisition yields," said CEO Bill Lenehan. "The portfolio continues to perform at a high level, with continued strong collections and occupancy. Our new capital and fortress portfolio gives us the ability to play offense and boost growth."

Four Corners Property Trust is pleased to announce the acquisition of a National Veterinary Associates property for $4.4M. The property is located in a strong retail corridor in California and is corporate-operated under a long term, net lease. The transaction was priced at a 7.1% cap rate on rent as of the closing date and exclusive of transaction costs.