Recent Updates — NTST
On September 1, 2026, Netstreit Corp. announced that Senior Vice President and Chief Accounting Officer Sofia Chernylo mutually agreed to depart her role effective immediately, citing no disagreements with management or auditors. The Board appointed Matthew Fennewald as the new Senior Vice President and Chief Accounting Officer, also designating him as principal accounting officer. Fennewald is 36 years old, a licensed CPA, and has been with the company since August 2020, most recently serving as Vice President of Corporate Controller since February 2024. Netstreit Corp. operates in the telecommunications infrastructure industry, owning and managing wireless communication tower sites.
NETSTREIT Corp. reported second quarter 2026 results with net income of $0.06 and Adjusted Funds from Operations (AFFO) of $0.35 per diluted share. The company completed $298.9 million in gross investments at a 7.4% blended cash yield and executed $184.4 million in forward equity sales. Full-year 2026 AFFO per share guidance was increased to a range of $1.37 to $1.39, and net investment guidance was raised to $700 million to $800 million. The Board declared a quarterly cash dividend of $0.225 per share, a 2.3% increase. The company is an internally managed real estate investment trust (REIT) that acquires single-tenant net lease retail properties.