FrontView REIT, Inc. filings document the public-company disclosures of an internally managed net-lease REIT focused on frontage properties and diversified tenant categories. Recent Form 8-K filings cover operating results, quarterly supplemental information, Regulation FD portfolio updates, investment activity, dividends and material corporate actions.
The company’s regulatory record also includes proxy materials for annual meeting governance, director elections and auditor ratification. Material-event filings describe capital-structure matters involving the operating partnership, Series A Convertible Preferred Stock and related preferred units, common stock distribution arrangements, forward-sale provisions and amendments to organizational documents under the company’s Maryland corporate structure.
FrontView REIT, Inc. is an internally managed net-lease REIT focused on high-visibility frontage properties in active retail corridors across the U.S. As of December 31, 2025, it owned 303 properties totaling about 2.7 million rentable square feet in 37 states, with occupancy of 98.7%.
The tenant base is highly diversified, with 321 tenants operating 155 brands and no single brand contributing more than 3.51% of annualized base rent (ABR). About 34.8% of tenants have investment-grade credit ratings, and 97.3% of leases (by ABR) include contractual rent escalations. The ABR weighted average remaining lease term is approximately 7.4 years, with no more than 11.1% of rental revenue expiring in any year before 2030.
For 2025, FrontView generated rental revenues of $66.5 million, recorded a net loss of $5.6 million, and reported funds from operations of $26.1 million. The company completed its IPO in October 2024, receiving net proceeds of $271.5 million, and had approximately $314.3 million of debt outstanding as of December 31, 2025. It also has a $250.0 million revolving credit facility, a $200.0 million term loan, and a signed $75.0 million Series A Convertible Preferred Stock with a delayed draw feature.
FrontView REIT, Inc. reported fourth-quarter 2025 results showing continued portfolio growth with solid cash flow despite a GAAP net loss. For the quarter, the company generated a net loss of $5.2 million, or $(0.19) per diluted share, but produced FFO of $6.1 million, or $0.22 per share, and AFFO of $8.6 million, or $0.31 per share.
For full-year 2025, AFFO totaled $34.7 million, or $1.25 per share. The company invested $124.1 million in 32 property acquisitions and completed $78.0 million of dispositions, ending the year with 303 properties, $62.9 million of annualized base rent, and 98.7% occupancy.
FrontView highlighted a strong balance sheet with Net Debt to Annualized Adjusted EBITDAre of 5.6x, a Fixed Charge Coverage Ratio of 3.6x, and total liquidity of $223.0 million, including undrawn preferred equity. The board declared a quarterly common dividend of $0.215 per share and reaffirmed an attractive dividend payout supported by a 2025 AFFO payout ratio of 69.4%. Updated 2026 guidance calls for AFFO per share of $1.27–$1.32 and approximately $100 million of net investment activity.
Zimmer Partners and related entities filed an amended Schedule 13G reporting a 4.3% passive stake in FrontView REIT Inc. The reporting group, including Zimmer Partners, LP, Zimmer Financial Services Group LLC, Zimmer Partners GP, LLC and Stuart J. Zimmer, is deemed to beneficially own 920,485 shares of common stock.
This percentage is based on 21,653,669 FrontView REIT shares outstanding as of November 10, 2025. The reporting persons have shared power to vote and dispose of all 920,485 shares and no sole voting or dispositive power. They certify the position is held in the ordinary course of business and not to change or influence control of the company.
FrontView REIT, Inc. entered into a material agreement to raise new capital through preferred equity. The company issued 250,000 shares of Series A Convertible Preferred Stock at $100.00 per share, generating gross proceeds of approximately $25.0 million from Maewyn FVR II LP, Rebound Investment, LP and Petrus Special Situations Fund, L.P.
The economic terms of this Series A Preferred Stock were previously established in Articles Supplementary filed in Maryland, which classify the series and define its dividend, voting and other rights. FrontView contributed the preferred stock proceeds to its operating partnership in exchange for 250,000 Series A Convertible Preferred Units that mirror the preferred stock’s terms.
The operating partnership agreement was amended to create this new class of Series A Preferred Units and to make clarifying changes to how distributions and allocations are made on performance-based vesting LTIP Units. Full details are provided in the filed Articles Supplementary and the first amendment to the partnership agreement.
BlackRock Portfolio Management LLC has filed an amended beneficial ownership report for FrontView REIT, Inc. common stock. The firm reports beneficial ownership of 1,067,921 shares, representing 4.9 % of the outstanding common stock. Of these, 987,515 shares carry sole voting power, and all 1,067,921 shares are subject to sole dispositive power, with no shares reported as shared voting or dispositive power.
The filing notes that various underlying clients or investors have rights to dividends or sale proceeds, but no single person has more than five percent of FrontView REIT’s outstanding common shares. BlackRock certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
FrontView REIT, Inc. reported an equity grant to its Chief Accounting Officer, Sean Fukumura. On January 15, 2026, he received 6,275 restricted stock units (RSUs) under the company’s 2024 Omnibus Equity and Incentive Plan at a price of $0 per unit. Each RSU represents a contingent right to receive one share of FrontView REIT common stock.
The RSUs are time-based and will vest on January 15, 2027, provided Fukumura continues to serve with the company through that date. Following this grant, he beneficially owns 6,275 derivative securities directly in the form of RSUs.
FrontView REIT, Inc. granted equity-based awards to its top executive. On January 15, 2026, Chairman, CEO and President Stephen Preston received 62,750 LTIP Units of limited partnership interest in FrontView Operating Partnership LP under the company’s 2024 Omnibus Equity and Incentive Plan and the partnership agreement.
Each LTIP Unit can be converted into an OP Unit if vesting and other conditions in the partnership agreement are met, and each OP Unit is then redeemable for cash equal to the fair market value of one common share or, at the issuer’s election, one share. The LTIP Units have no expiration date and vest in four equal annual installments on January 15 of 2027, 2028, 2029 and 2030, generally contingent on Mr. Preston’s continued service.
FrontView REIT, Inc. reported an equity award to its Chief Operating Officer, Drew Ireland. The filing shows a grant of 20,394 LTIP Units in FrontView Operating Partnership LP under the company’s 2024 Omnibus Equity and Incentive Plan, at a price of $0 per unit.
Each LTIP Unit has no expiration date and can be converted, if vesting and other conditions are met, into an OP Unit, which can then be redeemed for either cash equal to the fair market value of one common share or one share of FrontView REIT common stock, at the issuer’s election. These LTIP Units vest in four equal annual installments, each covering one quarter of the grant, on January 15 of 2027, 2028, 2029, and 2030, generally contingent on continued service with the company.
FrontView REIT, Inc. reported an equity award for its Chief Financial Officer, Revol Pierre. On January 15, 2026, he was granted 36,081 LTIP Units of limited partnership interest in FrontView Operating Partnership LP at an exercise price of $0, under the company’s 2024 Omnibus Equity and Incentive Plan and the Operating Partnership’s Partnership Agreement.
The LTIP Units have no expiration date and may, if vesting and other Partnership Agreement conditions are met, be converted into OP Units. Each OP Unit can then be redeemed, at the holder’s election, for cash equal to the fair market value of one share of FrontView REIT common stock or, at the issuer’s election, for one share of common stock. These LTIP Units vest in four equal annual installments of one-quarter each on January 15, 2027, 2028, 2029, and 2030, generally subject to continued service with the company through each vesting date.