FrontView REIT, Inc.
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 5, 2026
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Cautionary Note Regarding Forward-Looking Statements
This Quarterly Report on Form 10-Q contains forward-looking statements, which reflect our current views regarding our business, financial performance, growth prospects and strategies, market opportunities, and market trends, that are intended to be made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include all statements that are not historical facts. In some cases, you can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “approximately,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” or the negative version of these words or other comparable words. All of the forward-looking statements included in this Quarterly Report on Form 10-Q are subject to various risks and uncertainties. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions, and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond our control. Although we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, our actual results, performance, and achievements could differ materially from those expressed in or by the forward-looking statements and may be affected by a variety of risks and other factors. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from such forward-looking statements.
Important factors that could cause results to differ materially from the forward-looking statements are described in Item 1. “Business,” Item 1A. “Risk Factors,” and Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the U.S. Securities and Exchange Commission (“SEC”) on February 25, 2026. The “Risk Factors” in our Annual Report on Form 10-K should not be construed as exhaustive and should be read in conjunction with other cautionary statements included elsewhere in our Annual Report on Form 10-K and this Quarterly Report on Form 10-Q.
You are cautioned not to place undue reliance on any forward-looking statements included in this Quarterly Report on Form 10-Q. All forward-looking statements are made as of the date of this Quarterly Report on Form 10-Q and the risk that actual results, performance, and achievements will differ materially from the expectations expressed in or referenced by this Quarterly Report on Form 10-Q will increase with the passage of time. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.
Regulation FD Disclosures
We use any of the following to comply with our disclosure obligations under Regulation FD: SEC filings, press releases, public conference calls, or our website. We routinely post important information on our website at www.frontviewreit.com, including information that may be deemed material. We encourage our shareholders and others interested in our company to monitor these distribution channels for material disclosures. Our website address is included in this Quarterly Report on Form 10-Q as a textual reference only and the information on the website is not incorporated by reference in this Quarterly Report on Form 10-Q.
CONDENSED CONSOLIDATED BALANCE SHEETS
| September 30,2026 | December 31,2025 | |
|---|---|---|
| ASSETS | ||
| Real estate held for investment, at cost | ||
| Land | $367,296 | $329,478 |
| Buildings and improvements | 478,257 | 417,393 |
| Total real estate held for investment, at cost | 845,553 | 746,871 |
| Less: accumulated depreciation | (58,167) | (48,204) |
| Real estate held for investment, net | 787,386 | 698,667 |
| Assets held for sale | 5,009 | 12,493 |
| Mortgage loans receivable | 10,312 | 10,324 |
| Cash and cash equivalents | 5,021 | 13,518 |
| Investment in unconsolidated entity | 2,689 | — |
| Intangible lease assets, net | 99,929 | 99,489 |
| Other assets | 21,879 | 19,952 |
| Total assets | $932,225 | $854,443 |
| LIABILITIES AND EQUITY | ||
| Liabilities | ||
| Debt, net | $310,284 | $314,251 |
| Intangible lease liabilities, net | 13,650 | 14,474 |
| Accounts payable and accrued liabilities | 29,028 | 32,494 |
| Total liabilities | 352,962 | 361,219 |
| Equity | ||
| FrontView REIT, Inc. equity | ||
| Series A Convertible Preferred Stock, $0.01 par value 750,000 shares authorized, 383,333 shares issued and outstanding as of September 30, 2026 (liquidation preference $38,333) | 4 | — |
| Common stock, $0.01 par value 450,000,000 shares authorized, 26,627,909 and 22,111,165 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively | 266 | 221 |
| Additional paid-in capital | 540,021 | 420,024 |
| Accumulated deficit | (40,736) | (28,149) |
| Accumulated other comprehensive income (loss) | 4,327 | (901) |
| Total FrontView REIT, Inc. equity | 503,882 | 391,195 |
| Non-controlling interests | 75,381 | 102,029 |
| Total equity | 579,263 | 493,224 |
| Total liabilities and equity | $932,225 | $854,443 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.