FSPR News

Four Springs Capital Trust, a single-tenant net lease REIT with 156 commercial properties across 32 states, withdrew its plans for an initial public offering on Wednesday, citing market conditions. It had filed in November 2021 and planned to raise $252 million by offering 18 million shares at a price range of $13 to $15, but postponed the following January. The Lake Como, NJ-based...read more

Challenging conditions in the IPO market continued this past week. The two major deals on the calendar postponed, and the remaining micro-caps pushed back their debuts by a week. Seven SPACs completed offerings, and three IPOs and four SPACs submitted initial filings. Four Springs Capital Trust (FSPR) postponed its $252 million IPO, which was set to be the...read more

Four Springs Capital Trust, a single-tenant net lease REIT with 156 commercial properties across 32 states, postponed its IPO on Thursday, citing market conditions. It had filed to raise $252 million by offering 18 million shares at a price range of $13 to $15. Four Springs is an internally managed REIT focused on single-tenant, income producing industrial, medical,...read more

Five IPOs are slated to raise $457 million in the shortened holiday week ahead. REIT Four Springs Capital Trust (FSPR) plans to raise $252 million at a $603 million market cap. The company’s portfolio consists of 156 commercial properties across 32 states, focused on single-tenant, income producing industrial, medical, retail, and office properties. Four...read more