Four Springs Capital Trust (FSPR), founded in 2008 and headquartered in Wall, New Jersey, operates as an internally managed, private real estate investment trust that acquires, owns, and actively manages a diversified portfolio of single-tenant, income-producing commercial properties subject to long-term net leases with investment-grade and other creditworthy tenants. The company focuses on industrial/warehouse, medical/office, retail/service, and necessity retail sectors, offering triple net, double net, and bond lease structures with terms of 10 years or longer on properties valued from $5 million to $100 million across 33 states nationwide, primarily in the U.S. Southeast and Midwest; it also provides developer financing solutions, including up to 100% of development costs with loan guarantees and forward purchase commitments for built-to-suit projects, alongside Delaware Statutory Trust offerings through its Four Springs TEN31 Xchange affiliate for 1031 exchange investors. Four Springs Capital Trust maintains over $1 billion in assets under management with a portfolio exceeding 160 wholly owned properties and interests in 34 additional assets, targeting stable cash flows through diversification by tenant, industry, geography, and property type. In recent developments, the company doubled its assets under management to over $1 billion through $500 million in acquisitions completed in 2021, secured a new $75 million credit facility, and continues to expand via structured DST offerings and 1031 replacement property solutions amid ongoing market challenges related to liquidity and valuation.