Investor FAQs

Questions Specific to The Necessity Retail REIT (RTL) and our Business

When does The Necessity Retail REIT’s fiscal year end?

RTL’s fiscal year ends on December 31st each year.

How can I get a get a copy of The Necessity Retail REIT’s SEC filings?

ARTL’s SEC filings can be viewed within the “Investor Relations” section of the website (www.necessityretailreit.com) under “Filings and Financials” or on the SEC’s website at www.SEC.gov.

How can I view The Necessity Retail REIT’s investor presentations?

RTL’s Investor Presentations can be found within the “Investor Relations” section of the website under “Events and Presentations.” Please click here: ”  Please click here: Presentations. RTL also generally furnishes all Investor Presentations as exhibits to SEC filings, which are available as described above.

Who is on the board and leadership team for The Necessity Retail REIT?

Board of Directors

Name

Role

Bio

Lisa Kabnick

Lead Independent Director

 

RTL Board Members - Summary Bios

Leslie Michelson

Independent Director

Stanley Perla

Independent Director

Edward Rendell

Independent Director

Michael Weil

Chairman of the Board

Leadership Team

Name

Role

Bio

Michael Weil

Chief Executive Officer, President and Director

Michael Weil Bio

Jason Doyle

Chief Financial Officer, Treasurer and Secretary

Katie Kurtz Bio

RTL Leadership Team

Team Bios
What are RTL’s CUSIP numbers?

RTL’s Common Stock CUSIP number is 02607T109
RTL’s Series A Preferred Stock CUSIP number is 02607T406
RTL’s Series C Preferred Stock CUSIP number is 02607T505

How can I purchase shares of RTL common or preferred stocks?
Please contact your financial advisor or broker to discuss investing in RTL. Shares must be purchased through a registered broker-dealer.
Does The Necessity Retail REIT pay a distribution on its common stock? At what rate and how often are distributions paid?

Yes. RTL pays distributions on a quarterly basis at the rate of $0.85 per share, annualized.

Distributions on the Common Stock are paid on a quarterly basis to Common Stoc holders of record on the applicable date each quarter. Distribution payments are dependent on the availability of funds. RTL's board of directors may alter the amount of distributions paid or suspend distribution payments at any time and therefore distribution payments are not assured. There is no assurance that RTL will continue to declare and pay distributions at the current rates.

Where will RTL pay my common stock distributions?

If you hold your shares in your own name through RTL's transfer agent, Computershare, you will receive payment each quarter directly from Computershare. Checks are mailed to the address of record.

If you hold your shares in a brokerage account, your dividend will be deposited directly into your account by that brokerage firm.

Can RTL’s distribution be used to buy more shares? If so, can this purchase happen automatically?

Yes. RTL allows distributions to be reinvested into the purchase of additional shares through the direct reinvestment program (DRIP). If you are signed up as a DRIP participant, this takes place automatically every quarter.

Where do I find information about the properties RTL owns?

Please visit the Property Overview section of our website (Portfolio Overview) or refer to our most recent Form 10-K, which provides the most comprehensive view of the properties RTL owns.

Who can I contact if I am interested in buying a property that RTL owns, or selling a property to RTL?

Please email us at am@rtlreit.com with the details of your proposed transaction and contact information.

Questions Specific to Tax Documents, Investor Accounts and Investor Relations

How can I get a copy of my Form 1099-DIV?

Shareholders who own RTL shares in a brokerage account should contact that brokerage firm to request a Form 1099-DIV copy.

Shareholders whose shares are held on the books of RTL’s transfer agent, Computershare, may contact Computershare or our Investor Relations group to request a Form 1099-DIV. The number is 866-902-0063.

Who is RTL’s stock transfer agent?

RTL’s transfer agent is Computershare. Shareholders who hold shares directly on Computershare’s books may contact Computershare as follows:

Telephone: 866-902-0063

Regular mail:

Computershare
PO Box 43007
Providence, RI 02940-3007

Overnight/certified/registered delivery:

Computershare
150 Royall Street - Suite 101
Canton, MA 02021

For additional inquiries, please send an e-mail to advisorportalsupport@computershare.com

How can I be notified of new developments at RTL?

Please click here to set your RTL E-Mail Notification Options to receive periodic communications and filing alerts from RTL via e-mail. 

These notifications include press releases, investor presentations, quarterly Forms 10-Q and annual Forms 10-K filings as well as quarterly earnings call announcements.

Who can I contact if I have additional questions about RTL or changes to my account?

You may reach RTL’s investor relations department as follows:

E-mail:
IR@rtlreit.com

Telephone:
866-902-0063

Mailing Address:
650 Fifth Avenue, 30th Floor
New York, NY 10019

REITs, in general

Real estate investment trusts or REITs are companies that own or finance income-producing real estate in a range of property sectors. These companies have to meet a number of requirements to qualify as REITs. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors. REITs are a practical way for all investors to.5 invest in large-scale, income-producing, professionally managed companies that own commercial real estate such as office, industrial / distribution, warehouse, healthcare and retail properties. Some REITs invest throughout the country or, in some cases, throughout the world. Others specialize in one region or even a single metropolitan area.

REITs are real estate working for you. Through the diverse array of properties they own, finance and operate, REITs help provide the essential real estate we need to live, work and play. REITs of all types collectively own more than $3.5 trillion in gross assets across the U.S., with stock-exchange listed REITs owning approximately $2.5 trillion in assets. U.S. listed REITs have an equity market capitalization of more than $1.6 trillion. In addition, more than 145 million Americans invest in REIT stocks through their 401(k) and other investment funds. REITs are total return investments as they typically a) offer current income through the distributions they pay and b) offer the potential for moderate, long term capital appreciation.

Here are answers to fundamental questions about REITs. For more information abut REITs, you may visit the Nareit website at www.reit.com.

REIT Basics

What is a real estate investment trust (“REIT”)?

A REIT is a company dedicated to owning, and in some cases, operating income-producing real estate, such as apartments, shopping centers, offices and warehouses. Some REITs also engage in financing real estate.

How many people invest in REITs?

An estimated 145 million American own REITs through their retirement savings and other investment funds.

How does a company qualify as a REIT?

To qualify as a REIT a company must:

  • Invest at least 75 percent of its total assets in real estate, cash, and government securities
  • Derive at least 75 percent of its gross income from rents from real property, interest on mortgages financing real property or from sales of real estate
  • Pay at least 90 percent of its taxable income in the form of shareholder dividends each year
  • Have a minimum of 100 shareholders
  • Have no more than 50 percent of its shares held by five or fewer individuals

REITs generally pay little or no U.S. corporate income taxes because they are able to deduct dividends they pay from their taxable earnings.

What should shareholders know about REIT tax reporting and the taxation of REIT dividends?

For REITs, dividend distributions for tax purposes are allocated to ordinary income, capital gains and return of capital, each of which may be taxed at a different rate. Currently, the maximum capital gains tax rate of 20 percent applies generally to the sale of REIT stock. All public companies, including REITs, are required early in the year to provide shareholders with information clarifying how the prior year's dividends should be allocated for tax purposes.

Tax information is reported on Form 1099-DIV. Shareholders should contact a tax professional for tax-related questions.

Commonly Used REIT Terms

What is a net lease REIT?

In commercial real estate, a net lease is a lease in which in addition to rent the tenant is required to pay a portion, or all, of the taxes, insurance and maintenance costs for a property during the lease term:

 

Property Taxes

Property Insurance

Property Maintenance and Repairs

Single Net Lease

Tenant Responsibility

 

 

Double Net or NN Lease

Tenant Responsibility

Tenant Responsibility

 

Triple Net or NNN Lease

Tenant Responsibility

Tenant Responsibility

Tenant Responsibility

RTL owns and invests in commercial properties, throughout the United States, that are net leased to the tenant.

What is straight-line rent (“SLR”) and Why do REITs report it?

Real estate companies such as REITs "straight line" rents because generally accepted accounting principles require it. Straight-lining averages the tenant's rent payments over the life of the lease.

What is EBITDA?

Earnings Before Interest, Taxes, Depreciation and Amortization.

What is a capitalization rate or “cap” rate?

The capitalization rate (or "cap" rate) for a property is determined by dividing the property's net operating income by its purchase price.


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