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0.0367376928728876 0.0367376928728876 0.0506980161645848 0.0506980161645848 0.0506980161645848 0.0506980161645848 0.0506980161645848 0.0360029390154298
Stock impact report

FrontView REIT Announces $75 Million Strategic Convertible Perpetual Preferred Equity Investment led by Maewyn Capital Partners

FrontView REIT, Inc. (FVR) 
Company Research Source: Business Wire
DALLAS--(BUSINESS WIRE)--FrontView REIT, Inc. (NYSE: FVR) (the “Company”, “FrontView”, “we”, “our”, or “us”), today announced the entry into an agreement providing for a $75 million delayed-draw convertible perpetual preferred equity investment led by Maewyn Capital Partners (“Maewyn”).“We are proud to announce this growth equity investment, which marks a major endorsement of our strategy and platform,” said Stephen Preston, Chairman and Chief Executive Officer of FrontView. “We believe this is a bespoke capital commitment and positions us to accelerate AFFO per share growth through our disciplined acquisition of high-quality frontage properties to continue building a best-in-class net lease portfolio.”“Partnering with Maewyn provides FrontView with a highly experienced real estate investment partner who recognizes both the quality of our company and the opportunities ahead. We believe their institutional perspective and strategic support will also help accelerate our next phase o Show less Read more
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