FrontView REIT Inc. announced its financial results for the first quarter of 2025, reporting an increase in revenues to $16.243 million from $15.259 million in the same quarter of 2024. The company recorded a net loss of $1.337 million, an improvement from the $3.369 million net loss reported in the previous year. Funds from Operations (FFO) rose to $6.429 million, compared to $4.159 million in the first quarter of 2024, while Adjusted Funds from Operations (AFFO) increased to $8.229 million from $4.989 million. Stephen Preston, Co-CEO and Chairman of FrontView REIT, highlighted the company's success in acquiring approximately $49.2 million worth of high-quality assets at a 7.9% average cash cap rate during the first quarter. The company sees continued opportunities to acquire assets below market value, indicating potential for further growth.
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