Company: FVR
Filing Date: 2025-03-20
Form Type: 10-K
Source: 0000950170-25-042774
Chunk: 221

Company: FrontView REIT, Inc.
Filing Date: 2025-03-20
Form: 10-K
Item: Item 8
Chunk 221
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 of $6,101.(b)On March 18, 2025, the Board of Directors declared a quarterly distribution of $0.215 per share on the Company's Common Stock and OP Units for the quarter ended March 31, 2025, which will be payable on or before April 15, 2025 to stockholders and unitholders of record as of March 31, 2025.  (c)Subsequent to December 31, 2024, the Company continued to expand its operations through the acquisition of approximately $44,725 of additional rental property and associated intangible assets and liabilities.(d)Subsequent to December 31, 2024, the Company sold one property with a carrying value of approximately $2,004 for total proceeds of $2,050. The Company incurred additional expenses related to the sales of approximately $34, resulting in a gain on sale of real estate of approximately $12.(e)Subsequent to December 31, 2024, the Company borrowed $39,000 on the Revolving Credit Facility, the proceeds of which were used to fund investments and for other general corporate purposes(f)On March 4, 2025, the Company entered into a $200,000 1-month Term SOFR interest rate swap at a fixed rate of 3.66%. The interest rate swap matures in February 2028.

83

SCHEDULE III – REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION AS OF DECEMBER 31, 2024 (in thousands) 

      Initial Costs to Company (1)

      Cost CapitalizedSubsequent to Acquisition

      Gross Amount at Which Carried atClose of Period

      Life on which

      Industry
       
      City
       
      State
       
      Land

      Buildings andImprovements

      Land

      Buildings andImprovements

      Impairment

      Land

      Buildings andImprovements

      Total (2)

      AccumulatedDepreciation

      Construction/Renovation Year
       
      DateAcquired
       
      Depreciationis Computed

      Quick Service Restaurant
       
      Mechanicsville
       
      VA
       
      $
      698

      $
      1,331

      $
      —

      $
      450

      $
      —

      $
      698

      $
      1,781

      $
      2,479

      $
      287