XXXX call. conference our earnings Good year-end morning, to and everyone, welcome
increasingly despite not our prevailing to executing pleased macroeconomic and prevent an XXXX are share High We difficult strategy. from in inflation, results with growth us strong did interest achieved backdrop. you concerns recession rates rising NETSTREIT
to nimble macroeconomic I am would like determination and I creative say of and volatility. go proud commitment, such any how I further, Before during our team's be ability to
that very capital discuss Lori the developments later we of in supportive. call. we we significant backdrop, and thresholds, XXXX, acquisitions year, In were our in the to prudent capital XXXX. raised grow Despite detail activity have return confidence in a us billion capital-raising capital, to continue meet means over which will structure a our markets providing gives manner this our through the markets accessing and to for by as when locking ahead had portions of active on more us $X quality look
approximately of quarter, the completed gross $XXX X.X%. total of completed Investments we quarter, one had the $XXX.X in investments, million an During to bringing the yield average development, million. including year-end
Excluding were and years. of weighted quarter acquisitions a term had cap investment initial grade of lease average XX% the completed in profile with an Notably, investment cash tenants. grade XX.X rate and X% remaining acquisitions these over development, of had
our XX.X% Importantly, ability AFFO per our growth supported share to XXXX. of deliver best-in-class during growth
capital in markets between As rates quarter in fourth XXXX. indicated, and investment disconnect earlier as deployment lighter in took due a rapid capital in created activity to the previously the more we the by prudent the year to approach was than property rise we markets interest
found in We a will continue find market capital rates sources credit and above on raising on real the variety our asset and compromising to broader continues of at pricing quality. those have team demonstrate acquisitions ability disciplined to as its exceptional from to cap be estate without and
It very be in non-traditional we can creative that sourcing is to and opportunities channels. proven important that have nimble we through highlight
outsized advantage providing landlords at take we capital dislocations, adjusted For that ways market developers of example, risk are looking other an tenants, and in returns. to resulting
a competition, and significantly transactions operated. back to types see have is industrywide in overall the be we other low-yielding are similar also where lower seeing likely the of number historically providers to less of of vacuum typically XXXX, While half XXXX capital
than LTVs the disciplined in create as secured be grade opportunities our continue high-quality in of returns. rates and at also, acquire considerably and occasion, approach well-priced, backed step required acquisitions, high-quality value future. for attractive at lender. execution Loans higher will And excellence on very safe properties by on While our This to meaningful to cap main focus senior multi-pronged shareholder the foreseeable investment that risk-adjusted will a yields pipeline can remains that led creativity to we strong the has very make a assets. us we confident
extremely of we in feel Further, confident portfolio. stability the our
resulting industry, We leased have This to us high-quality best and underwriting guardrails, the publicly-traded demonstrated through today. this to the the any cycle. perform all XXX% pandemic. of risk that in maintained diligent our of credit collection from We lease management strong height of rent stringent went and companies, in curate collections of proper including continues strategy credit at monitoring. base the we through properties continuous to This enabled net process a time tenants execution a portfolio still has outperformed success rate stable positioned COVID when public
term of portfolio At year-end million or weighted $XX portfolio tenants remaining approximately The years X.X represented is approximately base XXX% contributing of profiles. The ABR XX% XXXX, XX our tenants grade occupied. leases, lease had a portfolio comprised grade XXX is of by with of ratings investment with with rent. investment average annualized
of execution meets over and, our million. value properties assets XXXX, criteria seven part selling our longer in key $XX is we accretively for no A risk-adjusted where sold the
expires lease ABR Turning of X.X% we and XXXX. in to total expiration XXXX expirations our no lease in schedule, have only
our high-quality, and focus I to XXXX continue our commitment As as and execution portfolio. want to best-in-class reaffirm on strategy, we scaling we growth looked beyond, to at our
as past of to source over and to we are prove seeing have -- pricing team's our opportunities years. the shortages will we environment no of ability net in believe assets three lease best shortage risk-adjusted market continue the We no any
wanted search. brief my update CFO a to I closing provide our on remarks, Before
progress to for in search permanent CFO. continued our have a We
number the candidates and right are on person. a finding strong of have focused We
our XXXX quarter guidance. With to that, turn Lori and to over I'll the call go financial results over fourth
