First National Realty Partners' FNRP360 Drives Operational Excellence Amid Market Volatility

Strategic in-house asset management platform enhances performance, scalability, and investor value

RED BANK, N.J., May 8, 2025 /PRNewswire/ -- First National Realty Partners (FNRP), a leading private equity commercial real estate firm, continues to strengthen its portfolio through FNRP360™, its proprietary in-house operating platform. This vertically integrated system plays a critical role in maintaining operational agility and delivering investor value, particularly during periods of market volatility.

FNRP360 unifies all core business functions—acquisitions, legal, leasing, property management, accounting, and asset management—within a single internal structure. This integration enables real-time data sharing, streamlined execution, and cross-functional collaboration. As a result, the firm is able to respond quickly to tenant needs and shifting market dynamics. By keeping these functions in-house, FNRP achieves greater speed, accuracy, and consistency in decision-making while also reducing risk and minimizing third-party reliance.

"FNRP360 gives us a strategic edge by aligning our operations under one fully integrated model," said Kurt Padavano, Chief Operating Officer of FNRP. "With full visibility across operations, we're able to make timely, data-driven decisions that protect asset performance and support long-term value creation."

Designed as a repeatable and scalable system, FNRP360 enables the firm to manage its growing national portfolio without sacrificing responsiveness or performance. Its internal structure reduces overhead and provides direct control over property condition, tenant relationships, and lease terms—helping drive long-term value creation. This hands-on approach leads to better-maintained assets, satisfied tenants, and thriving communities, which together support higher occupancy, stronger tenant retention, and more durable investor returns.

Key Advantages of FNRP360™ include:

• Enhanced Lease Structuring: Focus on triple net (NNN) leases and built-in rent escalators to hedge against inflation while supporting income stability.
• Efficient Expense Management: Active oversight of property-level expenses to protect margins and preserve asset quality.
• Strategic Tenant Engagement: Direct communication with tenants to support renewals, address needs proactively, and align leasing strategies with market demand.
• Investor-Centric Approach: Internal processes and decisions guided by long-term investor outcomes, with a focus on transparency, risk mitigation, and consistent income performance.

In 2024, the platform supported $95.3 million in acquisitions and expanded FNRP's national portfolio to 12.5 million square feet. The in-house leasing team, a core component of FNRP360, executed more than 500,000 square feet of new leases during the year. With leasing, asset management, and market strategy aligned, FNRP reached a 91.8% average occupancy rate while enhancing long-term income stability.

FNRP360's integrated structure plays a key role in the firm's ability to drive performance and support investor outcomes. The model has contributed to the delivery of average annual returns and quarterly cash distributions. Since inception, FNRP has delivered over $135M in distributions to investors across its portfolio.

"FNRP360 enables us to operate with precision and purpose at every stage of the investment lifecycle," said Andrew DeNardo, President and Head of Investor Relations. "By centralizing key functions and aligning our team around investor outcomes, we're able to drive performance, scale strategically, and deliver long-term value—even in uncertain market conditions."

The firm's commitment to excellence has been recognized through accolades such as GlobeSt.'s Influencers in Retail award and IREM's Accredited Management Organization^® (AMO^®) accreditation.

For more information about FNRP360™ and investment opportunities with First National Realty Partners, please visit https://fnrpusa.com/fnrp360/.

About First National Realty Partners

First National Realty Partners (FNRP) provides accredited investors with access to institutional quality commercial real estate, specializing in necessity-based retail nationwide. From acquisition to disposition, FNRP oversees the entire investment lifecycle through its vertically integrated platform. Leveraging top in-house talent in legal, acquisitions, leasing, and other key areas, FNRP creates sustainable value for its investors. For more information, please visit www.fnrpusa.com.

Contact:

Jessica DeMarino

[email protected]

SOURCE First National Realty Partners, LLC