FrontView REIT, Inc.

FrontView REIT, Inc. (FVR) priced its initial public offering on Oct 2, 2024 at $19.00 per share, within its $17.00–$21.00 range, raising $250.8M, and listed on NYSE. At the IPO price its market capitalization was about $284.6M. CIBC was lead-left underwriter. Fried Frank and Venable advised the company and DLA Piper advised the underwriters.

FrontView REIT, Inc. is an internally managed net-lease REIT that acquires, owns and manages outparcel properties net leased to a diversified group of tenants. Its properties sit in prominent locations with direct frontage on high-traffic roads.

Status

IPO

Ticker

FVR

Exchange

NYSE

Priced

Oct 2, 2024

IPO price

$19.00

Price range

$17.00–$21.00

Raised

$250.8M

Market cap at IPO price

$284.6M

First filed

Sep 9, 2024

Underwriters

CIBC

Company counsel

Fried Frank and Venable

Underwriters' counsel

DLA Piper

Sector

Real estate & finance

Country / state

TX

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.