NNN REIT, Inc. announced that the Board appointed Christina Chiu and Charles “Chaz” D. Mueller, Jr. to serve on the Board effective October 1, 2026. These appointments are part of a staged succession plan preceding Betsy D. Holden’s planned retirement from the Board on February 19, 2027. Ms. Chiu currently serves as President of Empire State Realty Trust and previously held executive roles at Morgan Stanley. Mr. Mueller brings extensive experience in public REITs and residential real estate management, having served as CEO of Progress Residential and on boards including Vivmark Residential. Both new directors are expected to serve on the Audit Committee. NNN REIT is a real estate investment trust that invests in high-quality properties subject generally to long-term net leases.

On August 6, 2026, NNN REIT, Inc. entered into a new equity distribution agreement replacing its prior agreement dated August 3, 2023. Under the new terms, the Company may issue and sell up to 25,000,000 shares of common stock through various sales agents including Wells Fargo Securities and BofA Securities. The filing also outlines arrangements for forward sale agreements with multiple financial institutions, allowing for both contingent and non-contingent fixed share forward transactions. Agents receive commissions not exceeding 2.0% of gross sales prices. NNN REIT operates in the real estate investment trust sector, specializing in net-leased commercial properties.

NNN REIT reported second quarter 2026 net earnings of $0.52 per diluted share and raised its full-year Core FFO guidance to $3.50-$3.54 per share. The company announced a 3.3% increase in its quarterly dividend for the third quarter of 2026 to $0.62 per share, marking its 37th consecutive annual dividend increase. NNN also exercised a $200 million incremental option on its senior unsecured term loan facility, increasing total borrowings to $500 million, and raised its 2026 acquisition volume guidance to $700-$800 million. The company operates in the real estate investment trust industry, investing in high-quality single-tenant net lease properties.

NNN REIT, Inc. exercised a $200 million incremental term loan option, increasing its aggregate term loan facility size to $500 million, with a maturity date of February 15, 2029. The company also amended its revolving credit facility to lower its SOFR-based margin to 0.800% for term loan borrowings and 0.725% for all outstanding revolving credit facility borrowings. To hedge interest rate risk, the company entered into a $100 million forward starting swap to fix SOFR at 3.43% through February 15, 2029. NNN REIT, Inc. is a real estate investment trust (itself a company that manages and owns property).