It’s not hyperbole to say no restaurant group on record has grown as fast as Yum! Brands is currently. The Taco Bell, KFC, Pizza Hut, and Habit Burger owner opened roughly 8,700 locations in the past two years. That calculates… Read More
Archives for 2023
Bankrupt Hardee’s Restaurants Find Buyer
High Bluff Capital Partners, parent of Church’s Texas Chicken, Quiznos, and Taco Del Mar, announced Monday that it will acquire 81 Hardee’s locations out of bankruptcy, pending court approval. The sale hearing is set for July 18, and the transaction… Read More
Outpatient Medical Playing Expanded Role
Physicians Realty Trust (NYSE: DOC) sees outpatient medical facilities, and their ability to provide high-quality care at a lower price point than a hospital setting, as the growth spot of medical delivery today. A niche segment of the health care… Read More
Favorable Fundamentals Ahead for Retail REITs
Retail real estate fundamentals appear to be holding up at mid-year, with demand for space remaining solid as supply continues to be constrained. Meanwhile, consumer spending patterns and retailer distress are among the issues to watch in the months ahead,… Read More
Where is Net Lease Heading?
With financing options restricted by interest rate uncertainty, corporate real estate sellers have been turning to sale-leasebacks. It’s easy to see why: these deals offer liquidity and immediacy. For the net lease sector at large, Tyler Swann, managing director, investments… Read More
Retail Healthcare Creating New Opportunities
You’ve probably noticed a shift happening around you. Retail spaces and healthcare services are becoming increasingly entwined, resulting in a new era of commercial real estate. This isn’t just a random occurrence—it’s a strategic move driven by the evolving needs… Read More
Final Rule Issued on CRE Loan Modifications
Last September, in anticipation of a potential CRE meltdown in the face of sharply escalating interest rates, the Office of the Comptroller of the Currency; the Treasury; Federal Deposit Insurance Corporation; and National Credit Union Administration published a proposed change… Read More
Yield Curves Are Still Inverted
It was a year ago on July 6 that the 2-year to 10-year Treasury yield curve inverted, which would typically be taken as a sign of a coming recession even if around for a much shorter time. But Monday, July… Read More
The Road Back to Break Even
CRE is amidst a rare moment in recent history when the national average prices of assets are down, according to John Chang, National Director of Research and Advisory Services, Marcus & Millichap. Other periods were the early nineties and then during… Read More
Inflation Drops But More Rate Hikes in the Future
The Consumer Price Index for June is in, and the numbers are exceedingly good compared to those over the last year. Seasonally adjusted inflation was 0.2% in June and 3.0% year over year. Core inflation, without counting food and energy,… Read More