Welcome to our dedicated page for Four Corners Ppty Tr news (Ticker: FCPT), a resource for investors and traders seeking the latest updates and insights on Four Corners Ppty Tr stock.
Four Corners Property Trust reports news centered on its REIT portfolio of net-leased restaurant and retail properties. Company updates frequently cover acquisitions of corporate-operated properties leased to restaurant, automotive service, veterinary, tire retail and other retail tenants, with details on lease structure, remaining term and acquisition capitalization rates.
FCPT news also includes quarterly financial and operating results, rent collection and occupancy commentary, investor presentations, and balance-sheet activity such as senior unsecured term loan facilities used to support its property acquisition pipeline and general corporate purposes.
Four Corners Property Trust (NYSE:FCPT) acquired a Belle Tire retail property in Ohio for $2.4 million on May 4, 2026. The asset is corporate-operated under a long-term triple net (NNN) lease with approximately five years remaining. The purchase implied a 7.2% cap rate on rent, exclusive of transaction costs.
Four Corners Property Trust (NYSE: FCPT) reported first-quarter 2026 results for the period ended March 31, 2026. Rental revenue was $69.8 million, up 10.0% year‑over‑year, and net income attributable to common shareholders was $30.3 million ($0.28 diluted). The company declared a $0.3665 quarterly dividend.
Portfolio: 1,313 properties in 48 states, 99.6% occupied, weighted average remaining lease term ~6.7 years. Liquidity was ~$380 million and net debt to adjusted EBITDAre was 5.0x. FCPT closed a $200 million delayed‑draw term loan facility on April 6, 2026 (seven‑year tenor; $50 million drawn).
Four Corners Property Trust (NYSE:FCPT) acquired a Fogo de Chão restaurant property for $5.7 million on April 24, 2026. The asset is corporate-operated under a long-term net lease with approximately 14 years remaining and the deal closed at a 7.0% cap rate, exclusive of transaction costs. The property sits in a strong retail corridor in Illinois.
Four Corners Property Trust (NYSE: FCPT) will report first quarter 2026 financial results for the period ended March 31, 2026 after the market close on Wednesday, April 29, 2026. A conference call and audio webcast for analysts and investors is scheduled for Thursday, April 30, 2026 at 12:00 p.m. Eastern Time.
Live listen-only webcast and phone dial-in details are available, and a replay will be accessible via the webcast for one year.
Four Corners Property Trust (NYSE:FCPT) acquired a National Veterinary Associates property in California for $4.4 million. The asset is corporate-operated under a long-term, net lease and the transaction closed at a 7.1% cap rate on rent, exclusive of transaction costs.
Four Corners Property Trust (NYSE:FCPT) entered a new $200 million senior unsecured delayed-draw term loan facility with a seven-year tenor maturing April 6, 2033.
$50 million was drawn at close for immediate investments; the remaining $150 million is expected to fund acquisitions in late Q2 to early Q3 2026.
The facility carries a 1.25% margin over SOFR tied to FCPT's BBB/Baa3 ratings; pro forma run-rate leverage is ~5.4x, and FCPT reports ~96% hedging of outstanding term loans.
Four Corners Property Trust (NYSE:FCPT) acquired a newly constructed Left Lane Auto property in Alabama for $3.1 million on April 1, 2026. The asset is corporate-operated under a long-term, triple-net lease with 15 years remaining, priced at a 7.1% cap rate on rent, exclusive of transaction costs.
The location sits in a strong retail corridor and the lease structure shifts typical property expenses to the tenant, supporting predictable cash flow.
Four Corners Property Trust (NYSE:FCPT) acquired a corporate-operated Chili's restaurant property for $2.3 million on April 1, 2026.
The Illinois site sits in a high-traffic retail corridor, is leased on a triple-net basis with approximately six years remaining, and was priced at a 6.8% cap rate including rent credits, exclusive of transaction costs.
Four Corners Property Trust (NYSE:FCPT) appointed Michael Friedland to its Board of Directors, effective April 1, 2026. Mr. Friedland brings over 30 years of real estate finance and corporate credit experience, most recently serving as Vice Chair of Global Corporate Banking at JPMorgan until his March 2026 retirement.
The company said Mr. Friedland advised on FCPT's balance sheet and held senior roles in syndicated finance, real estate special credits, and leveraged finance, including leadership positions since 2010.
Four Corners Property Trust (NYSE:FCPT) acquired a BluePearl Pet Hospital property in Colorado for $3.8 million on March 23, 2026.
The asset is corporate-operated under a net lease with approximately five years remaining and the deal closed at a 7.0% cap rate, exclusive of transaction costs.