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
CIRE Weekly
Jack in the Box’s New Unit Growth
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
Net Lease Will Likely Rebound Fastest
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
Commercial Borrowers Seek Flexibility
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
Is 2023 the Year of the 1031 Exchange?
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
Health-Care Real Estate Deals Hit Record
Health-care real estate continues to thrive, and investors can’t get enough of the sector, according to JLL’s Valuation Advisory Group’s inaugural Healthcare Investor Survey and Trends Outlook. Transactions in the sector climbed to $26 billion in 2022, marking an annual… Read More
Sellers Become Open to Off-Market Deals
As commercial real estate investors face a reset in property values, finding off-market deals is becoming increasingly more attractive. Investors expect that they will get a better deal if they don’t have to compete for properties through a bidding process,… Read More
Don’t Hold Your Breath for Lower Rates
As much as many in CRE, to say nothing of investors in other asset types, would like to think the Federal Reserve will stop the rate increases, the released minutes from the latest Federal Open Market Committee meeting are clear… Read More
Interest Rates Fuel Sale-Leaseback Activity
Higher interest rates that have become an impediment to transactions in the broader commercial real estate investment sales market are having the opposite effect in the sale-leaseback sector. According to SLB Capital Advisors, the sale-leaseback market was on pace for… Read More
Tax Considerations for Distressed CRE
Negative cash flows, high vacancy rates, environmental and geographic concerns and other macroeconomic factors are all risks, and, therefore, reasons why real estate owners may experience operating distress. Furthermore, real estate owners commonly finance the acquisition of properties with debt,… Read More