×
0 0 0 0 0 0 0 0
Stockreport

FCPT Closes First Tranche (10 Restaurant Properties) of Washington Prime Transaction

FOUR CORNERS PROPERTY TRUST INC (FCPT)  More Company Research Source: Business Wire
Last four corners property trust inc earnings: 2/20 04:10 pm Check Earnings Report
US:NYSE Investor Relations: fourcornerspropertytrust.com/aboutus.html
PDF MILL VALLEY, Calif.--(BUSINESS WIRE)-- Four Corners Property Trust (NYSE:FCPT), a real estate investment trust engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), closed on the purchase of ten restaurant properties today from Washington Prime Group Inc. (“WPG”). This is the first of two tranches in the forty-one property acquisition announced in September 2017. Closing of the thirty-one remaining properties in the second tranche is expected to be completed by the end of the second quarter of 2018, subject to remaining due diligence and customary closing conditions. The purchase price for the first tranche was approximately $13.8 million and represents a capitalization rate consistent with our investment thresholds and past transactions. The leases have a current weighted average remaining term of approximately 7.5 years. Four of the ten properties are gro [Read more]

IMPACT SNAPSHOT EVENT TIME: FCPT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS