Four Springs Capital Trust Postpones Initial Public Offering

Four Springs Capital Trust has postponed its initial public offering.

Four Springs Capital Trust, a private real estate investment trust, announced that it has postponed its initial public offering “due to market conditions.”

The REIT filed a registration statement with the Securities and Exchange Commission earlier this month to offer 18 million common shares. The shares were approved for listing on the New York Stock Exchange under the ticker symbol “FSPR.”

Four Springs Capital Trust is an internally managed REIT focused on single-tenant, income producing industrial, medical, service/necessity retail and office properties throughout the United States that are subject to long-term net leases.

As of December 15, 2021, the REIT’s portfolio included 156 properties located in 32 states that were 99.8 percent leased to 68 tenants operating in 37 different industries.

For more Four Springs Capital Trust news, please visit their directory page.