FrontView REIT swings to $1.2M profit in Q2 on lower impairments, hedging cuts interest

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 14, 2025 · ~2 min read

Key Changes

• high

  Net income of $1.2M vs. $4.5M loss in Q2 2025, driven by sharply lower impairment charges ($0.2M vs. $3.0M), higher gains on property sales ($2.3M vs. $1.2M), and reduced interest expense from new hedges.

  MD&A: Net Income & Impairments verify on EDGAR →
• high

  Interest expense fell $0.5M as new interest rate swaps on the $100M Revolving Credit Facility cut the weighted average rate from 5.63% to 4.79%, improving Fixed Charge Coverage from 3.3x to 3.6x.

  MD&A: Interest Rate Swaps verify on EDGAR →
• high

  Introduced Series A Convertible Preferred Stock, with $0.4M in dividends paid in Q2 2026; new Adjusted Net Debt metric subtracts $50M undrawn preferred and $32.2M unsettled forward equity to show 4.0x leverage vs. 5.4x unadjusted.

  MD&A: Series A Preferred & Adjusted Net Debt verify on EDGAR →