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SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 15 – SUBSEQUENT EVENTS

The Company reviewed its subsequent events and transactions that have occurred after March 31, 2025, the date of the Consolidated Balance Sheet, through May 1, 2025, and noted the following:

Acquisitions & Disposals

The Company invested $13.2 million in the acquisition of five net lease properties with an investment yield of approximately 6.8%, and approximately 11.4 years of lease term remaining. The Company funded the acquisitions with cash on hand. The Company anticipates accounting for the transactions as asset acquisitions in accordance with U.S. GAAP. There was no contingent liability associated with the transactions at March 31, 2025.