Four Corners Property Trust, Inc. (FCPT) News

Four Corners Property Trust, Inc. (FCPT)

Today's Latest Price: $23.16 USD

0.96 (4.32%)

Updated Jul 10 4:10pm

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Ranked of 40 in REITs - Retail

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Latest FCPT News From Around the Web

Below are the latest news stories about Four Corners Property Trust Inc that investors may wish to consider to help them evaluate FCPT as an investment opportunity.

Four Corners on Buyout Spree, Adds LongHorn Steakhouse Asset

Four Corners' (FCPT) buyouts are part of its efforts to leverage on solid acquisition opportunities, backed by balance-sheet strength, and fuel portfolio growth.

Yahoo | July 8, 2020

FCPT to Report Second Quarter 2020 Financial Results

Four Corners Property Trust (NYSE: FCPT), a real estate investment trust (REIT) primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), announced today that it will release financial results for the three and six months ended June 30, 2020, after the market close on Wednesday, July 29, 2020. A conference call and audio webcast with analysts and investors will be held on Thursday, July 30 at 11:00 a.m. Eastern Time, to discuss the results.

Yahoo | July 7, 2020

FCPT Announces Acquisition of a LongHorn Steakhouse Property from Brookfield Properties for $1.8 Million

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a LongHorn Steakhouse property for $1.8 million from the Brookfield Properties transaction previously announced in October 2019. The property is located in Oklahoma in a highly trafficked retail corridor and is corporate-operated under a triple net lease with approximately five years of term remaining. The Brookfield Properties portfolio transaction was priced at a cap rate in range with previous FCPT transactions.

Yahoo | July 6, 2020

Four Corners Continues Acquisition Spree With $1.8M Purchase

Four Corners' (FCPT) buyouts come as part of its efforts to capitalize on acquisition opportunities on balance-sheet strength, and boost its portfolio growth.

Yahoo | July 6, 2020

FCPT acquires a $1.8M property in Maine

Four Corners Property Trust (FCPT) acquires Texas Roadhouse property for $1.8M in a transaction priced at 6.4% going-in cash capitalization rate.Located in Maine, the property is on a triple-net lease with ~9 years of term remaining....

Seeking Alpha | July 2, 2020

FCPT Announces Acquisition of a Texas Roadhouse Property for $1.8 Million

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a Texas Roadhouse property for $1.8 million. The property is located in Maine and is occupied under a triple-net lease with the corporate operator. The lease has approximately nine years of term remaining. The transaction was priced at a 6.4% going-in cash capitalization rate.

Yahoo | July 2, 2020

Four Corners Property Trust acquires two properties from PREIT for $7.6M

As part of a previously announced outparcel transaction, Four Corners Property Trust (FCPT) acquires two properties for $7.6M from PREIT (PEI)The transaction is the fifth and final closing of the previously announced PREIT portfolio transaction in November, priced at a 6.5% going-in cash cap rate, on a portfolio basis, exclusive...

Seeking Alpha | July 1, 2020

FCPT Announces Closing of Second Tranche (Three Properties) of Seritage Transaction for $11.3 Million

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of three properties for $11.3 million from the Seritage transaction previously announced in October 2019. The properties are located in Florida within highly trafficked and populated corridors with one property leased to Olive Garden and two properties leased to LongHorn Steakhouse. All three leases are corporate-operated and subject to an average term of approximately eight years.

Yahoo | June 30, 2020

FCPT Announces Acquisition of Two Properties from PREIT for $7.6 Million

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties ("FCPT" or the "Company"), is pleased to announce the acquisition of two properties for $7.6 million as part of a previously announced outparcel transaction with PREIT (NYSE: PEI). The properties are an IHOP and a multi-tenant BJ’s Restaurant, Sleep Number, and Verizon. The properties are located in Maryland and South Carolina and are occupied under net leases with a weighted average 7 years of term remaining. Three of the four tenants are the respective corporate operators with Victra, an authorized retailer with over 1,000 locations across 46 states, as the Verizon tenant. The transaction is the fifth and final...

Yahoo | June 30, 2020

Four Corners on Acquisition Spree, Buys Property Worth $4.3M

Four Corners' (FCPT) buyouts come as part of its efforts to capitalize on solid acquisition opportunities, backed by balance-sheet strength, and boost its portfolio growth.

Yahoo | June 29, 2020



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