Skip to main content

FrontView REIT, Inc.

For the period ended Dec 31, 2024. Filed Mar 20, 2025.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 20, 2025

FVR$19.70+1.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Consolidated Statements of Income (Loss)

SuccessorPredecessor (1)Predecessor (1)
Period from October 3, 2024throughDecember 31, 2024Period from January 1, 2024throughOctober 2, 2024Year Ended December 31, 2023
Revenues
Rental revenues$15,177$44,740$48,266
Operating expenses
Depreciation and amortization7,46821,58124,730
Property operating expenses2,1705,7425,825
Property management fees—1,5611,616
Asset management fees—3,1244,139
General and administrative expenses2,7872,1228,055
Total operating expenses12,42534,13044,365
Other expenses (income)
Interest expense3,45219,89618,377
Gain on sale of real estate—(337)(725)
Impairment loss3,891591407
Income taxes231349316
Total other expenses7,57420,49918,375
Operating loss(4,822)(9,889)(14,474)
Internalization expense—(16,498)—
Gain from acquisition of equity method investment——12,988
Equity loss from investment in an unconsolidated entity——(38)
Net loss(4,822)(26,387)(1,524)
Less: Net loss attributable to convertible non- controlling preferred interests—7,171424
Less: Net loss attributable to non-controlling interests1,825——
Net loss attributable to NADG NNN Property Fund LP (Predecessor) and to FrontView REIT, Inc. (Successor)$(2,997)$(19,216)$(1,100)
Weighted average number of common shares outstanding
Basic16,259——
Diluted27,578——
Net loss per share attributable to Common Stock holders
Basic$(0.19)——
Diluted$(0.19)——

(1)

The Company determined that earnings per unit in the Predecessor period would not be meaningful to users of this filing, given the different unitholders in the Predecessor.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.