FCPT Announces Acquisition of Nine American Family Care Properties for $21.2 Million
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Four Corners Property Trust (FCPT) has acquired nine American Family Care properties for $21.2 million. This acquisition aligns with FCPT's strategy of owning high-quality, net-leased properties.
December 20, 2024 | 11:45 pm
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Four Corners Property Trust (FCPT) has expanded its portfolio by acquiring nine American Family Care properties for $21.2 million. This acquisition supports FCPT's strategy of investing in high-quality, net-leased properties.
The acquisition of nine properties for $21.2 million is a significant addition to FCPT's portfolio, aligning with its strategy of owning high-quality, net-leased properties. This move is likely to positively impact FCPT's stock price in the short term as it enhances the company's asset base and potential revenue streams.
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