FCPT Closes First Tranche (10 Restaurant Properties) of Washington Prime Transaction
Four Corners Property Trust, Inc. (FCPT)
Last four corners property trust, inc. earnings: 2/12 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
fourcornerspropertytrust.com/aboutus.html
Company Research
Source: Business Wire
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
Show less
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 | ||
Ticks | ||
|
Avg transaction size |
|
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FCPT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FCPT alerts
High impacting Four Corners Property Trust, Inc. news events
Weekly update
A roundup of the hottest topics
FCPT
News
- Four Corners Property Trust: A Fortress Balance Sheet With Ample Growth Prospects [Seeking Alpha]Seeking Alpha
- FCPT Announces Acquisition of a Banfield Pet Hospital for $2.4 Million [Yahoo! Finance]Yahoo! Finance
- FCPT Announces Acquisition of a Banfield Pet Hospital for $2.4 MillionBusiness Wire
- FCPT to Report First Quarter 2024 Financial ResultsBusiness Wire
- FCPT Announces Acquisition of a Heartland Dental Property for $2.0 million [Yahoo! Finance]Yahoo! Finance
FCPT
Earnings
- 2/14/24 - Beat
FCPT
Sec Filings
- 4/19/24 - Form DEFA14A
- 4/19/24 - Form DEF
- 4/16/24 - Form 4
- FCPT's page on the SEC website