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Four Corners Property Trust remains a buy, driven by aggressive portfolio diversification and sustained investment activity. FCPT's Q1 showed strong AFFO growth, 99.6% occupancy, and significant acquisitions, supporting a stable monthly dividend yield of ~5.55%. Macro headwinds from higher-for-longer interest rates pressure near-term expansion, but supply scarcity and tenant strength provide long-term upside.

CHICAGO--(BUSINESS WIRE)--Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm with offices in Nashville, today announced the sale of the real estate portfolio held by Shore Capital Real Estate Partners Fund I to Four Corners Property Trust (NYSE: FCPT). The portfolio includes 102 Mission Pet Health (“MPH”) veterinary properties for a purchase price of approximately $268 million.…

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), closed on the purchase of 102 Mission Pet Health veterinary properties for a purchase price of $268.0 million on next twelve months' cash rent of approximately $17.37…

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Gerber Collision property for $4.8 million. The property is newly constructed and located in a strong retail corridor in Texas…

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Drilling Tools International property for $4.7 million. Drilling Tools International (NASDAQ: DTI) is a publicly traded…