Dollar General Corp. reported a “modest decrease” in customer traffic as customers reigned in discretionary spending. The discounter also reiterated its plans to execute 3,170 real estate projects in fiscal 2023, including 1,050 new store openings, 2,000 remodels, and 120… Read More

7-Eleven intends to build one of the largest and most compatible electric vehicle (EV) fast-charging networks of any North American retailer. The convenience retailer is launching 7-Charge, a new, proprietary EV charging network and app at several locations in Florida,… Read More

Both interest rate hikes and cap rate expansion will peak later this year and should decrease in 2024. As a result, today’s opportunity to buy assets for lower prices may not last very long. The survey was conducted in mid-November… Read More

REITs’ operations remained solid with year-over-year increases in funds from operations (FFO) and net operating income (NOI), as they continue to navigate rising interest rates and persistently high inflation, according to new fourth quarter 2022 data from the Nareit Total… Read More

President Joe Biden signed the Inflation Reduction Act of 2022 on Aug. 16, 2022. The enacted version of the Inflation Reduction Act didn’t contain the proposed expanded provisions of the Internal Revenue Code Section 1061 related to carried interest. While… Read More

Wendy’s CEO Todd Penegor “firmly believes” global unit expansion is the unlock for accelerating company growth, and the chain is putting its money where its mouth is. The fast-food chain revealed Wednesday a new “Pacesetter” development program in the U.S…. Read More

Jack in the Box reported Q1 earnings Wednesday, including a same-store sales increase of 7.8% and, on a two-year basis, 9%. Company-operated restaurants experienced increases in both check and traffic, while franchised restaurants experienced average check growth but a 1.1%… Read More

The Fed’s recent string of rate hikes have led to tough times for commercial real estate investors, even for the relatively stable net lease sector. “Interest rates have skyrocketed, cap rates have increased, construction costs have continued to rise, but… Read More

After eight interest rate hikes totaling 450 basis points over the last 10 months, courtesy of the Federal Reserve’s war on inflation, commercial borrowers can only hope that the fundamental law of gravity — “what goes up must come down”… Read More

2023 is poised to be a big year for real estate owners who are looking to take advantage of the 1031 exchange, also known as the “like-kind exchange.” A 1031 exchange is a tax strategy that allows real estate owners… Read More