FrontView REIT, Inc. announced its operating results for the quarter ended March 31, 2025, on May 14, 2025. The company reported AFFO per share of $0.30 and a net loss of $(1.337) million. Revenues for the quarter increased to $16.243 million, compared to $15.259 million in Q1 2024.
During Q1 2025, FrontView acquired approximately $49.2 million of high-quality assets at a 7.9% average cash cap rate. The company reaffirmed its 2025 AFFO guidance within the range of $1.20 to $1.26 per diluted share. However, it adjusted its expected net investments in real estate properties from $175 million-$200 million to $125 million-$145 million.
FrontView also increased its projected dispositions of real estate properties from $5 million-$20 million to $20 million-$40 million. The company maintained its anticipated bad debt expense of 2% to 3% of cash NOI. Rent collections for leased properties stood at 99.5% for the quarter.
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