What is Store Capital?
STORE Capital Corporation operates as an internally managed net-lease real estate investment trust (REIT) specializing in the acquisition, investment, and management of Single Tenant Operational Real Estate. As one of the largest and most rapidly expanding net-lease REITs, STORE Capital boasts a substantial and well-diversified portfolio encompassing over 2,500 property locations across the United States. These properties are predominantly profit centers, reflecting the company's strategic focus and namesake.
How much funding has Store Capital raised?
Store Capital has raised a total of $5B across 15 funding rounds:
Stock Offering
$546M
Multiple Rounds
$1.1B
Multiple Rounds
$939.6M
Debt
$235M
Stock Offering
$271.1M
Debt
$600M
Stock Offering
$350M
Stock Offering
$350M
Debt
$600M
Stock Issuance/Offering (2014): $546M with participation from Undisclosed
Debt (2015): $365M led by Undisclosed
Stock Issuance/Offering (2015): $224.7M supported by Undisclosed
Debt (2015): $175M featuring Undisclosed
Stock Issuance/Offering (2015): $296.7M backed by Undisclosed
Debt (2016): $100M with participation from Wells Fargo Securities and KeyBanc Capital Markets
Debt (2016): $200M led by Undisclosed
Stock Issuance/Offering (2016): $304.6M supported by Undisclosed
Debt (2016): $335M featuring Undisclosed
Debt (2017): $235M backed by Undisclosed
Stock Issuance/Offering (2017): $271.1M with participation from Undisclosed
Debt (2018): $600M led by KeyBanc Capital Markets and Wells Fargo Securities
Stock Issuance/Offering (2018): $350M supported by Regions Securities LLC, BMO Capital Markets, and Capital One Securities
Stock Issuance/Offering (2019): $350M featuring BMO Capital Markets, Capital One Securities, and Regions Securities LLC
Debt (2022): $600M, investors not publicly disclosed
Key Investors in Store Capital
BMO Capital Markets
BMO Capital Markets is a full-service financial services provider offering a range of products including equity and debt underwriting, corporate lending, and M&A advisory services.
Wells Fargo Securities
Wells Fargo Securities is a division of Wells Fargo Bank, N.A., providing a comprehensive suite of investment banking and capital markets services to corporate, institutional, and government clients.
Regions Securities LLC
Regions Securities LLC is an investment banking firm that provides a range of financial advisory and capital markets services.
What's next for Store Capital?
The recent major strategic investment, alongside the substantial overall capital raised, positions STORE Capital for continued leadership in the net-lease REIT market. This financing round, indicative of a mature growth stage, will likely support strategic acquisitions, portfolio optimization, and potentially the exploration of new market segments within operational real estate. The company's ability to attract significant capital suggests strong investor confidence in its business model and its capacity for sustained value creation.
See full Store Capital company page
