FrontView REIT Working With Advisers on IPO This Year
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FrontView REIT, a landlord targeting 'e-commerce resistant' tenants, is considering an initial public offering (IPO) for this year. The Dallas-based company, formerly known as NADG NNN, is working with underwriters including JPMorgan Chase & Co. and Bank of America Corp. on the potential IPO. FrontView's portfolio includes properties in high-traffic locations and tenants such as Starbucks, Walgreens, Chipotle, Rite Aid, and Wells Fargo. The company is led by Executive Chairman Stephen Preston and CEO Randall Star. Triple net lease REITs have underperformed the broader market in the past year.

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https://www.bloomberg.com/news/articles/2024-02-12/frontview-reit-is-said-to-work-with-advisers-on-ipo-this-year