Spirit MTA REIT engages in the ownership of a diversified commercial real estate backed master funding vehicle. Its portfolio includes single tenant, triple-net properties which are leased to retail, distribution, and service-oriented companies. It operates through the Master Trust 2014 and Other Properties segments. The Master Trust 2014 segment refers to an asset-backed securitization platform. The Other Properties segment focuses on monetization of the assets through dispositions. The company was founded on November 15, 2017 and is headquartered in Dallas, TX.