FCPT grows portfolio 7% to 1,336 properties; closes $1.15B credit facility post-quarter

Filed July 30, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 30, 2025 · ~2 min read

Key Changes

• high

  Portfolio expanded from 1,245 to 1,336 properties (+91 net) with leasable area rising from 8.4M to 9.0M sq ft; occupancy held at 99.5%. Rental revenue grew 7.7% YoY to support the expansion.

  MD&A: Portfolio Size verify on EDGAR →
• high

  New $1.15B credit facility closed July 28, 2026 (up from $940M), including a $400M term loan tranche maturing 2031. Company used proceeds to refinance shorter-maturity debt and fund a $298M post-quarter acquisition of 111 properties at 6.4% yield.

  MD&A: 2026 Credit Agreement / Notes: Subsequent Events verify on EDGAR →
• high

  First-half 2026 acquisition volume fell 41% to $85.5M (33 properties) from $144.3M (47 properties) in H1 2025. Weighted average remaining lease term on new acquisitions shortened from 14.9 years to 10.2 years.

  MD&A: Acquisition Volume verify on EDGAR →