Essential Properties Realty Trust Inc (EPRT) has released an update to notify the public and investors about a regulation fd disclosure.
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Essential Properties Realty Trust, Inc. updated on its fourth quarter 2023 business activities, announcing a $265 million potential investment pipeline with an 8.1% estimated cash yield, subject to typical closing conditions. The company’s investment volume reached $314.9 million in Q4 and $1.0 billion for the full year, with 93 and 293 properties acquired, respectively. Dispositions yielded $30.6 million in Q4 and $138 million for the full year. Capital markets activity included forward equity sales with expected net proceeds of $46.9 million from sales in Q4, and an unsettled forward equity value of $130.6 million.
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For a comprehensive understanding of the announcement, you can read the full document here.