Reports Q2 revenue $60.688M, consensus $61.16M. “In the second quarter, FCPT capitalized on the more buyer-friendly market environment to acquire $170 million of high-quality properties. Including the $110 million of acquisitions closed in July, our year to date acquisition totals are $301 million, which surpasses our previous highest annual acquisition total,” said CEO Bill Lenehan. “Our portfolio is performing well with high occupancy and collections, and we believe that we are poised to continue making progress on our investment strategies.”
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