American Finance Trust, Inc. acquires, owns and manages a high-quality diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties located in the U.S. The portfolio consists of a strong, creditworthy tenant base and is well positioned for growth through the acquisition of necessity retail properties with long-term net leases.
Company Description
American Finance Trust (Nasdaq:AFIN) is a REIT that owns, as of September 30, 2020, a high-quality 94% occupied19 million square foot, 885 property single and multi-tenant portfolio with a weighted average remaining lease term of 8.8 years and embedded rent growth through 1.2% weighted average annual rent escalators.