NTR equity flows
Although inflows to the four major net lease-focused non-traded REITs slowed versus the prior month, April-reported preliminary equity raise was above $375 million (and exceeded both January & February).
Preliminary April values exclude capital from feeder vehicles (typically disclosed around 20 days after the month-end); Dollars in millions
Year-to-date the funds have raised over $1.5 billion.
REIT updates
Essential Properties Realty Trust (NYSE: EPRT) released an updated investor deck noting $385 million of investment activity from January 1 through April 3, 2026. Deals were completed at a blended 7.7% cash cap rate. The company also noted $233 million in acquisitions under contract or letter of intent. Check out the deck here:
EPRT Investor Presentation - April 2026
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